Soho House & Co Inc. $SHCO Shares Bought by EntryPoint Capital LLC

Key Points

• EntryPoint Capital LLC significantly increased its stake in Soho House & Co Inc. by 510.7% in Q1 2023, now holding 66,706 shares valued at approximately $412,000.
• Soho House & Co Inc. reported an earnings per share (EPS) of $0.13, surpassing analyst expectations of ($0.08), with quarterly revenue of $329.80 million.
• The stock has received mixed ratings from analysts, with one maintaining a Strong Buy and others issuing Hold ratings, indicating a consensus rating of Moderate Buy.

EntryPoint Capital LLC raised its stake in Soho House & Co Inc. (NYSE:SHCO - Free Report) by 510.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 66,706 shares of the company's stock after acquiring an additional 55,783 shares during the quarter. EntryPoint Capital LLC's holdings in Soho House & Co Inc. were worth $412,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of SHCO. JPMorgan Chase & Co. lifted its holdings in Soho House & Co Inc. by 82.4% in the fourth quarter. JPMorgan Chase & Co. now owns 119,236 shares of the company's stock valued at $888,000 after acquiring an additional 53,860 shares during the period. Renaissance Technologies LLC purchased a new stake in shares of Soho House & Co Inc. in the fourth quarter valued at approximately $742,000. Townsquare Capital LLC purchased a new stake in shares of Soho House & Co Inc. in the fourth quarter valued at approximately $108,000. XTX Topco Ltd purchased a new stake in shares of Soho House & Co Inc. in the fourth quarter valued at approximately $101,000. Finally, Jump Financial LLC purchased a new stake in shares of Soho House & Co Inc. in the fourth quarter valued at approximately $102,000. 62.35% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Soho House & Co Inc.

In other news, CEO Andrew Carnie sold 100,000 shares of the stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $6.38, for a total transaction of $638,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,103,975 shares in the company, valued at approximately $7,043,360.50. This represents a 8.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 74.70% of the company's stock.

Wall Street Analysts Forecast Growth

SHCO has been the subject of a number of recent analyst reports. Roth Capital cut Soho House & Co Inc. from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. Zacks Research upgraded Soho House & Co Inc. to a "strong-buy" rating in a research report on Tuesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $7.25.

Soho House & Co Inc. Trading Up 0.1%

NYSE:SHCO traded up $0.0050 during trading hours on Friday, hitting $8.8050. The company had a trading volume of 882,623 shares, compared to its average volume of 1,984,476. The company has a market cap of $1.72 billion, a P/E ratio of -29.35, a P/E/G ratio of 1.95 and a beta of 0.66. Soho House & Co Inc. has a 1 year low of $4.60 and a 1 year high of $8.88. The company has a 50-day moving average of $7.20 and a 200 day moving average of $6.68.

Soho House & Co Inc. (NYSE:SHCO - Get Free Report) last released its quarterly earnings results on Friday, August 8th. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of ($0.08) by $0.21. The business had revenue of $329.80 million during the quarter, compared to analysts' expectations of $316.79 million. Soho House & Co Inc. had a negative return on equity of 4.02% and a negative net margin of 4.67%. On average, analysts forecast that Soho House & Co Inc. will post -0.43 earnings per share for the current year.

Soho House & Co Inc. Profile

Soho House & Co, Inc is a holding company, which offers global membership platform of physical and digital spaces. It operates through the following segments: UK, North America, Europe and Rest of the World, and All Other. The company was founded by Nicholas Keith Arthur Jones in 1995 and is headquartered in London, the United Kingdom.