Urban Outfitters (NASDAQ:URBN) CEO Richard Hayne Sells 10,667 Shares

Urban Outfitters, Inc. (NASDAQ:URBN) CEO Richard Hayne sold 10,667 shares of the business’s stock in a transaction dated Wednesday, December 24th. The shares were sold at an average price of $77.68, for a total transaction of $828,612.56. Following the completion of the transaction, the chief executive officer owned 17,803,932 shares in the company, valued at $1,383,009,437.76. The trade was a 0.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Urban Outfitters Trading Down 0.8%

Urban Outfitters stock opened at $76.43 on Tuesday. The firm has a market cap of $6.85 billion, a P/E ratio of 14.42, a P/E/G ratio of 1.16 and a beta of 1.20. Urban Outfitters, Inc. has a 1-year low of $41.89 and a 1-year high of $83.94. The firm has a 50-day moving average of $71.12 and a 200-day moving average of $71.91.

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

Wall Street Analyst Weigh In

URBN has been the topic of several recent analyst reports. Guggenheim started coverage on shares of Urban Outfitters in a report on Tuesday, December 9th. They issued a “neutral” rating on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Urban Outfitters in a research note on Monday, December 22nd. Morgan Stanley increased their price target on shares of Urban Outfitters from $85.00 to $91.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 26th. JPMorgan Chase & Co. raised their price objective on shares of Urban Outfitters from $89.00 to $96.00 and gave the stock an “overweight” rating in a report on Wednesday, November 26th. Finally, Wall Street Zen downgraded Urban Outfitters from a “buy” rating to a “hold” rating in a report on Monday. 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $86.50.

Hedge Funds Weigh In On Urban Outfitters

Hedge funds have recently bought and sold shares of the company. Asset Management One Co. Ltd. increased its stake in Urban Outfitters by 11.7% during the 2nd 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. Nisa Investment Advisors LLC grew its holdings in shares of Urban Outfitters by 1.6% during the third quarter. Nisa Investment Advisors LLC now owns 10,489 shares of the apparel retailer’s stock valued at $749,000 after buying an additional 164 shares during the last quarter. Diversified Trust Co increased its position in shares of Urban Outfitters by 0.9% during 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. Maryland State Retirement & Pension System raised its holdings in Urban Outfitters by 1.2% in the 2nd quarter. Maryland State Retirement & Pension System now owns 16,611 shares of the apparel retailer’s stock worth $1,205,000 after acquiring an additional 198 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its holdings in Urban Outfitters by 32.6% in the 2nd quarter. Parkside Financial Bank & Trust now owns 964 shares of the apparel retailer’s stock worth $70,000 after acquiring an additional 237 shares during the last quarter. Institutional investors own 77.61% of the company’s stock.

Trending Headlines about Urban Outfitters

Here are the key news stories impacting Urban Outfitters this week:

• Neutral Sentiment: Insider transactions disclosed to the SEC — filings show the trades and remaining holdings (links to the SEC filing). SEC Ownership Filing
• Negative Sentiment: CEO Richard A. Hayne sold 21,334 shares across Dec. 24 and Dec. 26 for roughly $1.645M in proceeds (avg prices ~$77.68 and $76.57). He still holds ~17.8M shares, but CEO sales can signal near-term profit-taking and pressure sentiment. Richard A. Hayne Insider Trades
• Negative Sentiment: Insider Margaret Hayne sold 18,666 shares across the same dates for roughly $1.440M in proceeds (avg prices ~$77.68 and $76.57). While her remaining stake is sizable, the sales contribute to negative near-term headline risk. Margaret Hayne Insider Trades
• Negative Sentiment: Analyst action: Wall Street Zen cut URBN to “Hold,” which can reduce buying enthusiasm from investors who follow analyst guidance. Urban Outfitters Cut to Hold at Wall Street Zen

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.