Insider Selling: Urban Outfitters (NASDAQ:URBN) Insider Sells 9,333 Shares of Stock

Key Points

• Margaret Hayne sold 9,333 shares of Urban Outfitters on January 30 at an average price of $70.34 for ~$656,483, leaving her with 2,053,281 shares (a 0.45% reduction in her position).
• Hayne executed multiple similar sales throughout January (several 9,333-share blocks plus smaller lots), showing a clear pattern of insider disposals over the month.
• Urban Outfitters is trading around $72.60 with a market cap of ~$6.51B; analysts are split (8 Buys, 8 Holds, 1 Sell) and the consensus rating is “Hold” with a consensus price target of $86.67 (Barclays recently raised its target to $102).

Urban Outfitters, Inc. (NASDAQ:URBN - Get Free Report) insider Margaret Hayne sold 9,333 shares of the business's stock in a transaction on Friday, January 30th. The stock was sold at an average price of $70.34, for a total transaction of $656,483.22. Following the completion of the sale, the insider directly owned 2,053,281 shares in the company, valued at approximately $144,427,785.54. This represents a 0.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Thursday, January 29th, Margaret Hayne sold 8,750 shares of Urban Outfitters stock. The stock was sold at an average price of $70.03, for a total transaction of $612,762.50.
• On Wednesday, January 28th, Margaret Hayne sold 2,890 shares of Urban Outfitters stock. The shares were sold at an average price of $70.05, for a total value of $202,444.50.
• On Tuesday, January 27th, Margaret Hayne sold 1,814 shares of Urban Outfitters stock. The stock was sold at an average price of $70.00, for a total value of $126,980.00.
• On Thursday, January 22nd, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $71.17, for a total value of $664,229.61.
• On Tuesday, January 20th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $70.46, for a total value of $657,603.18.
• On Friday, January 16th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $70.20, for a total transaction of $655,176.60.
• On Wednesday, January 14th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $71.38, for a total transaction of $666,189.54.
• On Monday, January 12th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $74.35, for a total transaction of $693,908.55.
• On Friday, January 9th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $81.82, for a total transaction of $763,626.06.
• On Wednesday, January 7th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $79.71, for a total value of $743,933.43.

Urban Outfitters Trading Up 2.5%

NASDAQ:URBN traded up $1.75 on Monday, hitting $72.60. The company's stock had a trading volume of 1,421,299 shares, compared to its average volume of 1,795,149. Urban Outfitters, Inc. has a one year low of $41.89 and a one year high of $84.35. The firm has a market capitalization of $6.51 billion, a P/E ratio of 13.70, a price-to-earnings-growth ratio of 1.07 and a beta of 1.24. The stock has a fifty day moving average of $75.45 and a two-hundred day moving average of $72.33.

Urban Outfitters (NASDAQ:URBN - Get Free Report) last posted its earnings results 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 business had revenue of $1.53 billion for the quarter. As a group, sell-side analysts anticipate that Urban Outfitters, Inc. will post 3.91 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on URBN. Robert W. Baird set a $93.00 price target on Urban Outfitters in a report on Wednesday, December 17th. Barclays lifted their target price on Urban Outfitters from $98.00 to $102.00 and gave the stock an "overweight" rating in a report on Friday, January 16th. Weiss Ratings restated a "buy (b)" rating on shares of Urban Outfitters in a research note on Monday, December 29th. UBS Group reiterated a "neutral" rating on shares of Urban Outfitters in a research note on Tuesday, January 13th. Finally, The Goldman Sachs Group began coverage on shares of Urban Outfitters in a research report on Tuesday, December 9th. They issued a "neutral" rating and a $83.00 price target for the company. Eight investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $86.67.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. lifted its stake in Urban Outfitters by 11.7% during the second quarter. Asset Management One Co. Ltd. now owns 1,340 shares of the apparel retailer's stock worth $97,000 after purchasing an additional 140 shares during the last quarter. Salomon & Ludwin LLC boosted its stake in 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 stake in Urban Outfitters by 8.0% during the fourth quarter. GAMMA Investing LLC now owns 2,088 shares of the apparel retailer's stock worth $157,000 after acquiring an additional 154 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Urban Outfitters by 1.6% in the third 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 during the last quarter. Finally, Oliver Luxxe Assets LLC boosted its stake in shares of Urban Outfitters by 0.5% in the 4th quarter. Oliver Luxxe Assets LLC now owns 33,774 shares of the apparel retailer's stock valued at $2,542,000 after purchasing an additional 181 shares in the last quarter. 77.61% of the stock is owned by institutional investors.

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.

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