Urban Outfitters (NASDAQ:URBN) Insider Margaret Hayne Sells 9,333 Shares

Urban Outfitters, Inc. (NASDAQ:URBN) insider Margaret Hayne sold 9,333 shares of the business’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $79.71, for a total transaction of $743,933.43. Following the sale, the insider directly owned 2,169,398 shares of the company’s stock, valued at $172,922,714.58. This represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Margaret Hayne also recently made the following trade(s):

• On Monday, January 5th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $76.57, for a total value of $714,627.81.
• On Friday, January 2nd, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $74.94, for a total transaction of $699,415.02.
• On Wednesday, December 31st, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $75.64, for a total value of $705,948.12.
• On Monday, December 29th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $76.28, for a total value of $711,921.24.
• On Friday, December 26th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $76.57, for a total transaction of $714,627.81.
• On Wednesday, December 24th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $77.68, for a total value of $724,987.44.
• On Monday, December 22nd, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $80.38, for a total transaction of $750,186.54.
• On Friday, December 19th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $81.14, for a total transaction of $757,279.62.
• On Wednesday, December 17th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $82.53, for a total value of $770,252.49.
• On Monday, December 15th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $83.18, for a total transaction of $776,318.94.

Urban Outfitters Trading Down 0.2%

Shares of NASDAQ URBN traded down $0.16 during trading on Friday, reaching $81.56. 2,120,075 shares of the company traded hands, compared to its average volume of 1,984,941. Urban Outfitters, Inc. has a 12-month low of $41.89 and a 12-month high of $84.35. The stock has a market cap of $7.31 billion, a P/E ratio of 15.39, a PEG ratio of 1.20 and a beta of 1.23. The firm’s fifty day simple moving average is $72.74 and its 200 day simple moving average is $72.34.

Urban Outfitters (NASDAQ:URBN) last posted its earnings results on Wednesday, December 10th. The apparel retailer reported $1.28 earnings per share (EPS) for the quarter. The business had revenue of $1.53 billion for the quarter. Urban Outfitters had a net margin of 8.15% and a return on equity of 18.33%. As a group, research analysts expect that Urban Outfitters, Inc. will post 3.91 EPS for the current year.

Analyst Ratings Changes

Several analysts recently commented on URBN shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Urban Outfitters in a research report on Wednesday, November 26th. UBS Group increased their target price on shares of Urban Outfitters from $70.00 to $80.00 and gave the company a “neutral” rating in a research report on Wednesday, November 26th. Telsey Advisory Group raised shares of Urban Outfitters from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $85.00 to $98.00 in a research note on Wednesday, December 17th. Guggenheim started coverage on shares of Urban Outfitters in a research note on Tuesday, December 9th. They set a “neutral” rating for the company. Finally, Wall Street Zen upgraded shares of Urban Outfitters from a “hold” rating to a “buy” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $86.50.

Hedge Funds Weigh In On Urban Outfitters

Hedge funds and other institutional investors have recently bought and sold shares of the company. Asset Management One Co. Ltd. grew its holdings in shares of Urban Outfitters by 11.7% in the second quarter. Asset Management One Co. Ltd. now owns 1,340 shares of the apparel retailer’s stock valued at $97,000 after purchasing an additional 140 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Urban Outfitters by 8.0% in the fourth quarter. GAMMA Investing LLC now owns 2,088 shares of the apparel retailer’s stock worth $157,000 after acquiring an additional 154 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in shares of Urban Outfitters by 1.6% in the third quarter. Nisa Investment Advisors LLC now owns 10,489 shares of the apparel retailer’s stock worth $749,000 after acquiring an additional 164 shares in the last quarter. Oliver Luxxe Assets LLC increased its position in shares of Urban Outfitters by 0.5% during the fourth quarter. Oliver Luxxe Assets LLC now owns 33,774 shares of the apparel retailer’s stock worth $2,542,000 after acquiring an additional 181 shares during the period. Finally, Diversified Trust Co raised its stake in shares of Urban Outfitters by 0.9% in the second quarter. Diversified Trust Co now owns 19,702 shares of the apparel retailer’s stock valued at $1,429,000 after acquiring an additional 185 shares in the last quarter. 77.61% of the stock is currently owned by hedge funds and other institutional investors.

About Urban Outfitters

Urban Outfitters, Inc is a global lifestyle retailer headquartered in Philadelphia, Pennsylvania. Established in 1970 by Richard Hayne, Scott Belair and Judy Wicks, the company began as a single store catering to college students in the city’s historic Old City neighborhood. Over the decades, Urban Outfitters has expanded its reach and diversified its portfolio to include multiple retail concepts addressing distinct customer segments.

The company operates through several well-known brands, each offering a curated selection of apparel, footwear, accessories and home goods.