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

Urban Outfitters, Inc. (NASDAQ:URBN) CEO Richard Hayne sold 10,667 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $70.50, for a total value of $752,023.50. Following the completion of the transaction, the chief executive officer owned 17,449,385 shares in the company, valued at approximately $1,230,181,642.50. This trade represents a 0.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Urban Outfitters Stock Performance

Shares of URBN opened at $65.90 on Tuesday. The stock has a 50 day moving average price of $73.52 and a 200 day moving average price of $71.72. Urban Outfitters, Inc. has a one year low of $41.89 and a one year high of $84.35. The stock has a market capitalization of $5.91 billion, a price-to-earnings ratio of 12.43, a PEG ratio of 0.95 and a beta of 1.24.

Urban Outfitters (NASDAQ:URBN) last announced its quarterly earnings data on Wednesday, December 10th. The apparel retailer reported $1.28 earnings per share 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. On average, analysts predict that Urban Outfitters, Inc. will post 3.91 earnings per share for the current year.

Hedge Funds Weigh In On Urban Outfitters

Several large investors have recently made changes to their positions in URBN. Asset Management One Co. Ltd. increased its holdings in Urban Outfitters by 11.7% in 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 during the last quarter. Maryland State Retirement & Pension System boosted its position in shares of Urban Outfitters by 1.9% during the fourth quarter. Maryland State Retirement & Pension System now owns 7,880 shares of the apparel retailer’s stock worth $593,000 after buying an additional 148 shares during the period. Salomon & Ludwin LLC grew its stake in shares of Urban Outfitters by 58.4% in the fourth quarter. Salomon & Ludwin LLC now owns 404 shares of the apparel retailer’s stock valued at $31,000 after buying an additional 149 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Urban Outfitters by 8.0% in the 4th quarter. GAMMA Investing LLC now owns 2,088 shares of the apparel retailer’s stock valued at $157,000 after buying an additional 154 shares during the period. Finally, Nisa Investment Advisors LLC lifted its stake in Urban Outfitters by 1.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 10,489 shares of the apparel retailer’s stock worth $749,000 after acquiring an additional 164 shares in the last quarter. 77.61% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Morgan Stanley upped 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. Weiss Ratings restated a “buy (b)” rating on shares of Urban Outfitters in a research report on Monday, December 29th. Wall Street Zen downgraded Urban Outfitters from a “buy” rating to a “hold” rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. dropped their target price on Urban Outfitters from $96.00 to $94.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Finally, Wells Fargo & Company boosted their price target on shares of Urban Outfitters from $75.00 to $80.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 26th. Eight investment 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 data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $86.67.

Key Urban Outfitters News

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

• Positive Sentiment: Telsey Advisory Group reiterated an Outperform rating on URBN, which supports investor confidence in earnings and the growth outlook. Telsey Reiterates Outperform
• Neutral Sentiment: A recent valuation piece notes URBN has pulled back from highs and highlights its strong long-term returns, arguing the share-price weakness improves the valuation entry point for longer-term investors. This is a mixed signal — attractive for value-focused buyers, but not an immediate catalyst. Valuation Check
• Negative Sentiment: Significant insider selling by top executives is pressuring the stock: CEO Richard Hayne and Co‑President Margaret Hayne sold multiple tranches of shares in February (combined total in the tens of thousands of shares — roughly ~43k shares across recent filings, representing roughly $3.0M of sales). Such concentrated insider disposals often weigh on sentiment even though both retain large majority stakes (the CEO still owns ~17.4M shares). See the SEC filings and reporting on the insider trades for details. Insider Filing 1 Insider Filing 2 Fool: CCO Sale

About Urban Outfitters

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.