Urban Outfitters Inc. (NASDAQ:URBN) General Counsel Azeez Hayne sold 6,260 shares of the firm’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $39.95, for a total transaction of $250,087.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Urban Outfitters Inc. (NASDAQ:URBN) traded down 0.87% on Thursday, reaching $38.78. The company’s stock had a trading volume of 2,256,377 shares. The company has a market capitalization of $4546.06 billion, a price-to-earnings ratio of 20.09 and a beta of 0.69. Urban Outfitters Inc. has a 12-month low of $20.06 and a 12-month high of $40.80. The company’s 50-day moving average is $34.87 and its 200 day moving average is $31.65.

Urban Outfitters (NASDAQ:URBN) last posted its quarterly earnings results on Tuesday, August 16th. The apparel retailer reported $0.66 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.56 by $0.10. Urban Outfitters had a return on equity of 19.57% and a net margin of 6.63%. The firm earned $890.57 million during the quarter, compared to analysts’ expectations of $886.39 million. During the same quarter in the previous year, the business earned $0.52 earnings per share. The company’s revenue was up 2.7% on a year-over-year basis. Equities analysts anticipate that Urban Outfitters Inc. will post $2.06 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of URBN. Advantus Capital Management Inc boosted its position in Urban Outfitters by 1.4% in the second quarter. Advantus Capital Management Inc now owns 8,387 shares of the apparel retailer’s stock valued at $231,000 after buying an additional 113 shares in the last quarter. People s United Financial Inc. boosted its position in Urban Outfitters by 0.8% in the third quarter. People s United Financial Inc. now owns 23,459 shares of the apparel retailer’s stock valued at $810,000 after buying an additional 180 shares in the last quarter. State Treasurer State of Michigan boosted its position in Urban Outfitters by 0.7% in the second quarter. State Treasurer State of Michigan now owns 30,119 shares of the apparel retailer’s stock valued at $828,000 after buying an additional 200 shares in the last quarter. Chevy Chase Trust Holdings Inc. boosted its position in Urban Outfitters by 0.3% in the third quarter. Chevy Chase Trust Holdings Inc. now owns 74,289 shares of the apparel retailer’s stock valued at $2,564,000 after buying an additional 255 shares in the last quarter. Finally, Aperio Group LLC boosted its position in Urban Outfitters by 3.0% in the third quarter. Aperio Group LLC now owns 8,980 shares of the apparel retailer’s stock valued at $310,000 after buying an additional 258 shares in the last quarter. Hedge funds and other institutional investors own 73.56% of the company’s stock.

Several equities analysts recently weighed in on the stock. Morgan Stanley cut shares of Urban Outfitters from an “overweight” rating to an “equal weight” rating and raised their target price for the company from $36.00 to $39.00 in a research note on Thursday. Citigroup Inc. raised shares of Urban Outfitters from a “neutral” rating to a “buy” rating in a research report on Tuesday. Vetr cut shares of Urban Outfitters from a “buy” rating to a “strong sell” rating and set a $33.77 price objective for the company. in a research report on Tuesday. Wunderlich raised shares of Urban Outfitters from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research report on Thursday, November 10th. Finally, Jefferies Group set a $45.00 price objective on shares of Urban Outfitters and gave the stock a “buy” rating in a research report on Monday, October 24th. One investment analyst has rated the stock with a sell rating, nineteen have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $36.12.

Urban Outfitters Company Profile

Urban Outfitters, Inc (Urban Outfitters) is a lifestyle retail company. The Company operates through two business segments: Retail and Wholesale. The Retail segment consists of the Company’s Urban Outfitters, Anthropologie Group, Free People and Terrain brands, whose merchandise is sold directly to the Company’s customers through retail stores, Websites, mobile applications, catalogs and customer contact centers.

5 Day Chart for NASDAQ:URBN

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