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 dated Friday, December 26th. The shares were sold at an average price of $76.57, for a total value of $714,627.81. Following the completion of the transaction, the insider directly owned 2,234,729 shares in the company, valued at $171,113,199.53. This represents a 0.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Wednesday, December 24th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was 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 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 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 transaction 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.
• 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 transaction 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 transaction 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 value of $715,001.13.
• On Wednesday, December 3rd, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $78.95, for a total value of $736,840.35.

Urban Outfitters Stock Down 0.8%

Shares of NASDAQ:URBN opened at $76.43 on Tuesday. Urban Outfitters, Inc. has a twelve month low of $41.89 and a twelve month high of $83.94. The stock’s 50 day moving average is $71.12 and its 200-day moving average is $71.91. The firm has a market capitalization of $6.85 billion, a price-to-earnings ratio of 14.42, a PEG ratio of 1.16 and a beta of 1.20.

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

Institutional Trading of Urban Outfitters

Several hedge funds and other institutional investors have recently modified their holdings of URBN. HighTower Advisors LLC bought a new stake in Urban Outfitters in the 1st quarter worth $241,000. Bank of Montreal Can grew its stake in shares of Urban Outfitters by 134.9% in the second quarter. Bank of Montreal Can now owns 20,709 shares of the apparel retailer’s stock worth $1,502,000 after purchasing an additional 11,894 shares during the last quarter. Jupiter Asset Management Ltd. bought a new stake in shares of Urban Outfitters in the second quarter worth about $7,036,000. Allspring Global Investments Holdings LLC increased its holdings in Urban Outfitters by 137.3% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 221,655 shares of the apparel retailer’s stock valued at $16,312,000 after purchasing an additional 128,249 shares during the period. Finally, Creative Planning raised its position in Urban Outfitters by 49.4% during the 2nd quarter. Creative Planning now owns 40,730 shares of the apparel retailer’s stock valued at $2,955,000 after purchasing an additional 13,460 shares during the last quarter. Institutional investors own 77.61% of the company’s stock.

Urban Outfitters News Roundup

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

Analyst Upgrades and Downgrades

URBN has been the subject of a number of recent research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Urban Outfitters in a report on Monday, December 22nd. Wall Street Zen cut Urban Outfitters from a “buy” rating to a “hold” rating in a research report on Monday. Telsey Advisory Group upgraded Urban Outfitters from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $85.00 to $98.00 in a report on Wednesday, December 17th. Wells Fargo & Company raised their price objective on Urban Outfitters from $75.00 to $80.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 26th. Finally, Robert W. Baird set a $93.00 price objective on shares of Urban Outfitters in a report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Urban Outfitters presently has a consensus rating of “Moderate Buy” and an average target price of $86.50.

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.