Urban Outfitters (NASDAQ:URBN) Insider Sells $126,980.00 in Stock

Urban Outfitters, Inc. (NASDAQ:URBN) insider Margaret Hayne sold 1,814 shares of the firm’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $70.00, for a total transaction of $126,980.00. Following the transaction, the insider owned 2,074,254 shares in the company, valued at $145,197,780. This represents a 0.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Wednesday, January 28th, Margaret Hayne sold 2,890 shares of Urban Outfitters stock. The shares were sold at an average price of $70.05, for a total value of $202,444.50.
• On Thursday, January 22nd, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $71.17, for a total value of $664,229.61.
• On Tuesday, January 20th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $70.46, for a total value of $657,603.18.
• On Friday, January 16th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $70.20, for a total value of $655,176.60.
• On Wednesday, January 14th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $71.38, for a total value of $666,189.54.
• On Monday, January 12th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $74.35, for a total value of $693,908.55.
• On Friday, January 9th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $81.82, for a total transaction of $763,626.06.
• On Wednesday, January 7th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $79.71, for a total transaction of $743,933.43.
• On Monday, January 5th, 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 Friday, January 2nd, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $74.94, for a total transaction of $699,415.02.

Urban Outfitters Stock Up 0.5%

URBN stock traded up $0.36 during mid-day trading on Thursday, reaching $69.97. 926,084 shares of the stock traded hands, compared to its average volume of 1,850,964. The firm has a market capitalization of $6.27 billion, a PE ratio of 13.20, a P/E/G ratio of 1.06 and a beta of 1.23. The business has a 50-day moving average of $75.14 and a two-hundred day moving average of $72.32. Urban Outfitters, Inc. has a 52 week low of $41.89 and a 52 week high of $84.35.

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on URBN. UBS Group reaffirmed a “neutral” rating on shares of Urban Outfitters in a research report on Tuesday, January 13th. Citigroup upped their price target on Urban Outfitters from $76.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday, November 26th. The Goldman Sachs Group initiated coverage on Urban Outfitters in a research report on Tuesday, December 9th. They issued a “neutral” rating and a $83.00 price objective for the company. Guggenheim began coverage on Urban Outfitters in a research report on Tuesday, December 9th. They set a “neutral” rating on the stock. Finally, JPMorgan Chase & Co. reduced their target price on Urban Outfitters from $96.00 to $94.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Eight analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $86.67.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Urban Outfitters by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,728 shares of the apparel retailer’s stock worth $1,977,000 after acquiring an additional 1,653 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Urban Outfitters by 10.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 142,668 shares of the apparel retailer’s stock worth $7,476,000 after purchasing an additional 13,554 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Urban Outfitters by 5.2% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 7,968 shares of the apparel retailer’s stock worth $586,000 after purchasing an additional 395 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Urban Outfitters by 80.0% in the second quarter. GAMMA Investing LLC now owns 1,840 shares of the apparel retailer’s stock valued at $133,000 after buying an additional 818 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its holdings in shares of Urban Outfitters by 7.9% in the second quarter. State of Alaska Department of Revenue now owns 33,650 shares of the apparel retailer’s stock valued at $2,440,000 after buying an additional 2,460 shares during the last quarter. 77.61% of the stock is owned by institutional investors and hedge funds.

Urban Outfitters Company Profile

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.