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

Urban Outfitters, Inc. (NASDAQ:URBNGet Free Report) insider Margaret Hayne sold 9,333 shares of Urban Outfitters stock in a transaction dated Wednesday, December 24th. The shares were sold at an average price of $77.68, for a total transaction of $724,987.44. Following the completion of the transaction, the insider directly owned 2,244,062 shares of the company’s stock, valued at $174,318,736.16. This trade represents a 0.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

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

  • 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 Monday, December 22nd, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was 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 shares were sold at an average price of $81.14, for a total value 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 stock was sold at an average price of $83.18, for a total value of $776,318.94.
  • On Friday, December 12th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $82.66, for a total value of $771,465.78.
  • On Wednesday, December 10th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $78.36, for a total value of $731,333.88.
  • On Monday, December 8th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $76.03, for a total value of $709,587.99.
  • On Friday, December 5th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $76.61, for a total transaction of $715,001.13.
  • On Wednesday, December 3rd, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $78.95, for a total transaction of $736,840.35.

Urban Outfitters Stock Down 0.8%

Shares of NASDAQ:URBN opened at $76.43 on Tuesday. The company’s 50-day moving average price is $71.12 and its 200 day moving average price is $71.91. The company has a market cap of $6.85 billion, a PE ratio of 14.42, a P/E/G ratio of 1.16 and a beta of 1.20. Urban Outfitters, Inc. has a fifty-two week low of $41.89 and a fifty-two week high of $83.94.

Urban Outfitters (NASDAQ:URBNGet Free Report) last announced its quarterly earnings results on Wednesday, December 10th. The apparel retailer reported $1.28 EPS for the quarter. The company 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, equities analysts anticipate that Urban Outfitters, Inc. will post 3.91 EPS for the current year.

Institutional Investors Weigh In On Urban Outfitters

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Jupiter Asset Management Ltd. grew its stake in shares of Urban Outfitters by 900.1% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 969,999 shares of the apparel retailer’s stock worth $69,287,000 after purchasing an additional 873,008 shares during the last quarter. Capital World Investors bought a new stake in Urban Outfitters during the third quarter worth approximately $60,795,000. Norges Bank acquired a new position in Urban Outfitters in the second quarter worth approximately $55,429,000. Balyasny Asset Management L.P. increased its holdings in shares of Urban Outfitters by 5,360.2% in the third quarter. Balyasny Asset Management L.P. now owns 618,152 shares of the apparel retailer’s stock valued at $44,155,000 after buying an additional 606,831 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Urban Outfitters by 23.1% in the third quarter. American Century Companies Inc. now owns 2,879,092 shares of the apparel retailer’s stock valued at $205,654,000 after buying an additional 540,877 shares in the last quarter. 77.61% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on URBN shares. Barclays boosted their price target on Urban Outfitters from $89.00 to $98.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 26th. Morgan Stanley lifted their price objective on shares of Urban Outfitters from $85.00 to $91.00 and gave the company an “overweight” rating in a research note on Wednesday, November 26th. Telsey Advisory Group raised shares of Urban Outfitters from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $85.00 to $98.00 in a report on Wednesday, December 17th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Urban Outfitters in a research note on Wednesday, November 26th. Finally, Robert W. Baird set a $93.00 price target on shares of Urban Outfitters in a research report on Wednesday, December 17th. One investment 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. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $86.50.

View Our Latest Report on Urban Outfitters

Key Urban Outfitters News

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

About Urban Outfitters

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Urban Outfitters (NASDAQ:URBN)

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