Insider Selling: Arhaus (NASDAQ:ARHS) CAO Sells $67,106.00 in Stock

Key Points

• Arhaus CAO Christian Sedor sold 4,450 shares for $67,106 at an average price of $15.08, reducing his holdings by about 44% to 5,669 shares.
• Quarterly results missed analyst expectations: EPS was $0.05 versus $0.08 expected, and revenue was $368.1 million versus $370.6 million expected. Revenue nonetheless rose 6.8% year over year.
• Analyst views were mixed, though the overall rating was “Moderate Buy”; Guggenheim raised its price target to $17 and reiterated a Buy rating.

Arhaus, Inc. (NASDAQ:ARHS - Get Free Report) CAO Christian Sedor sold 4,450 shares of the firm's stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $15.08, for a total value of $67,106.00. Following the transaction, the chief accounting officer owned 5,669 shares of the company's stock, valued at $85,488.52. This represents a 43.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Arhaus Price Performance

ARHS traded down $0.13 during trading hours on Tuesday, hitting $14.89. The company's stock had a trading volume of 2,135,248 shares, compared to its average volume of 1,445,472. The business's 50-day moving average price is $10.02 and its 200-day moving average price is $8.43. Arhaus, Inc. has a 12 month low of $5.57 and a 12 month high of $15.17. The company has a current ratio of 1.33, a quick ratio of 0.60 and a debt-to-equity ratio of 0.13. The stock has a market cap of $2.11 billion, a price-to-earnings ratio of 32.37, a P/E/G ratio of 3.73 and a beta of 2.24.

Arhaus (NASDAQ:ARHS - Get Free Report) last announced its earnings results on Thursday, November 5th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.03). The business had revenue of $368.12 million for the quarter, compared to analysts' expectations of $370.56 million. Arhaus had a net margin of 4.91% and a return on equity of 17.23%. The firm's quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.09 earnings per share. Sell-side analysts expect that Arhaus, Inc. will post 0.54 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on ARHS shares. Morgan Stanley upped their price target on shares of Arhaus from $9.00 to $10.00 and gave the stock an "equal weight" rating in a report on Friday, August 7th. Zacks Research lowered Arhaus from a "strong-buy" rating to a "hold" rating in a research report on Friday. Guggenheim increased their target price on shares of Arhaus from $12.00 to $17.00 and gave the company a "buy" rating in a research report on Tuesday. Wall Street Zen upgraded shares of Arhaus from a "sell" rating to a "hold" rating in a research note on Monday, July 20th. Finally, Robert W. Baird set a $10.00 price target on shares of Arhaus in a report on Friday, August 7th. Six analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $12.56.

More Arhaus News

Here are the key news stories impacting Arhaus this week:

• Positive Sentiment: Analysts raised price targets and maintained Buy ratings. Guggenheim lifted its target from $12 to $17, and TD Cowen raised its target from $11 to $16. Both firms reiterated Buy ratings, signaling improved optimism about Arhaus’s prospects. Guggenheim analyst ratings TD Cowen analyst ratings
• Positive Sentiment: Zacks highlighted ARHS as a value stock. The favorable style-score assessment may attract investors focused on valuation, though it is not a change to the company’s business outlook. Zacks value-stock analysis
• Neutral Sentiment: Reported short interest was zero shares. The report’s claim of a “significant increase” conflicts with its stated total of zero, so it offers little clear signal about short positioning.
• Negative Sentiment: Arhaus’s chief accounting officer sold shares. Christian Sedor sold 4,450 shares, reducing his holdings by about 44%. The sale was relatively modest in dollar value, but insider selling can weigh on sentiment. SEC Form 4 filing
• Negative Sentiment: Recent quarterly results fell short of expectations. Arhaus reported EPS of $0.05 versus the $0.08 consensus and revenue of $368.1 million versus expectations of $370.6 million, although revenue increased 6.8% year over year.

Hedge Funds Weigh In On Arhaus

A number of institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP boosted its holdings in Arhaus by 18.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,179,268 shares of the company's stock worth $7,994,000 after buying an additional 185,208 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Arhaus by 95.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 459,025 shares of the company's stock valued at $3,112,000 after acquiring an additional 223,692 shares during the period. Bank of New York Mellon Corp purchased a new stake in Arhaus during the second quarter worth about $1,582,000. Engineers Gate Manager LP increased its position in shares of Arhaus by 54.4% during the second quarter. Engineers Gate Manager LP now owns 213,976 shares of the company's stock worth $1,802,000 after acquiring an additional 75,371 shares during the period. Finally, Hardin Capital Partners LLC acquired a new stake in Arhaus in the second quarter valued at approximately $672,000. 27.88% of the stock is owned by hedge funds and other institutional investors.

About Arhaus

Arhaus, Inc. is a U.S.-based home furnishings retailer that designs, sources and sells furniture and décor for residential spaces. Its product range includes indoor and outdoor furniture, rugs, lighting, textiles and accessories. Founded in 1986, the company offers its products through retail stores and an e-commerce platform. Arhaus serves customers across the United States. The company is headquartered in Boston Heights, Ohio, and emphasizes distinctive designs, craftsmanship and the use of materials sourced from around the world.

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