BCK Capital Management LP Makes New $689,000 Investment in Soho House & Co Inc. $SHCO

BCK Capital Management LP purchased a new stake in shares of Soho House & Co Inc. (NYSE:SHCO) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 77,901 shares of the company’s stock, valued at approximately $689,000.

A number of other hedge funds have also recently made changes to their positions in the business. Savant Capital LLC grew its position in shares of Soho House & Co Inc. by 6.8% during the third quarter. Savant Capital LLC now owns 20,885 shares of the company’s stock worth $185,000 after purchasing an additional 1,326 shares in the last quarter. Osaic Holdings Inc. boosted its stake in Soho House & Co Inc. by 37.4% in the 2nd quarter. Osaic Holdings Inc. now owns 7,867 shares of the company’s stock worth $58,000 after purchasing an additional 2,143 shares during the period. AlphaQuest LLC grew its holdings in Soho House & Co Inc. by 65.8% during the 3rd quarter. AlphaQuest LLC now owns 7,126 shares of the company’s stock valued at $63,000 after buying an additional 2,827 shares in the last quarter. PDT Partners LLC raised its position in shares of Soho House & Co Inc. by 7.2% during the second quarter. PDT Partners LLC now owns 44,600 shares of the company’s stock valued at $328,000 after buying an additional 2,993 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of Soho House & Co Inc. by 2,507.0% in the second quarter. CWM LLC now owns 4,093 shares of the company’s stock worth $30,000 after buying an additional 3,936 shares in the last quarter. Institutional investors own 62.35% of the company’s stock.

Insider Buying and Selling at Soho House & Co Inc.

In other Soho House & Co Inc. news, Director Gjorgi Popstefanov purchased 11,111,111 shares of Soho House & Co Inc. stock in a transaction that occurred on Thursday, January 29th. The shares were bought at an average price of $9.00 per share, for a total transaction of $99,999,999.00. Following the completion of the transaction, the director owned 11,111,111 shares of the company’s stock, valued at approximately $99,999,999. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 74.70% of the company’s stock.

Soho House & Co Inc. Price Performance

NYSE SHCO opened at $9.00 on Friday. Soho House & Co Inc. has a 1-year low of $4.77 and a 1-year high of $9.00. The business has a 50 day simple moving average of $8.86 and a two-hundred day simple moving average of $8.75. The stock has a market capitalization of $1.76 billion, a PE ratio of -22.49 and a beta of 0.69.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Soho House & Co Inc. in a research note on Wednesday, January 21st. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $9.00.

Soho House & Co Inc. Profile

Soho House & Co Inc is a global hospitality and membership company that operates a network of private clubs, hotels, restaurants, workspaces and leisure facilities aimed primarily at creative professionals. Its core offering revolves around exclusive, members-only “Houses” that combine social spaces, dining venues, screening rooms, spas and event programming under one roof. The company’s diversified portfolio extends to branded hotels and short-stay locations, as well as co-working facilities under the Soho Works banner.

The company was founded in 1995 by Nick Jones in London, with the inaugural House offering serving emerging artists, filmmakers and designers.