Skip to main content

Insider Selling: Urban Outfitters, Inc. (NASDAQ:URBN) CFO Sells 2,500 Shares of Stock

Last updated on Monday, April 19, 2021 | 2021 MarketBeat

Urban Outfitters, Inc. (NASDAQ:URBN) CFO Melanie Marein-Efron sold 2,500 shares of the stock in a transaction dated Friday, April 16th. The stock was sold at an average price of $37.99, for a total transaction of $94,975.00. Following the completion of the sale, the chief financial officer now directly owns 2,593 shares in the company, valued at approximately $98,508.07. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Melanie Marein-Efron also recently made the following trade(s):

  • On Wednesday, April 14th, Melanie Marein-Efron sold 3,962 shares of Urban Outfitters stock. The stock was sold at an average price of $37.43, for a total transaction of $148,297.66.

Shares of URBN traded down $0.28 during midday trading on Monday, hitting $37.03. The stock had a trading volume of 1,737,365 shares, compared to its average volume of 1,689,381. Urban Outfitters, Inc. has a fifty-two week low of $14.41 and a fifty-two week high of $41.95. The business has a 50-day simple moving average of $37.64 and a two-hundred day simple moving average of $29.50. The firm has a market cap of $3.64 billion, a P/E ratio of -466.38, a price-to-earnings-growth ratio of 8.80 and a beta of 1.61.

Urban Outfitters (NASDAQ:URBN) last announced its earnings results on Monday, March 1st. The apparel retailer reported $0.30 EPS for the quarter, topping the consensus estimate of $0.28 by $0.02. Urban Outfitters had a negative net margin of 0.22% and a positive return on equity of 2.30%. The company had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $1.10 billion. During the same period last year, the company posted $0.50 earnings per share. The business's revenue for the quarter was down 6.9% on a year-over-year basis. On average, equities analysts anticipate that Urban Outfitters, Inc. will post 0.18 earnings per share for the current year.

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. cut shares of Urban Outfitters from a "neutral" rating to an "underweight" rating and set a $26.00 price objective on the stock. in a report on Thursday, January 14th. Telsey Advisory Group raised their target price on shares of Urban Outfitters from $40.00 to $45.00 and gave the company an "outperform" rating in a research note on Monday. Smith Barney Citigroup lowered their target price on shares of Urban Outfitters from $33.00 to $31.00 in a research note on Wednesday, January 13th. Morgan Stanley raised their target price on shares of Urban Outfitters from $37.00 to $44.00 and gave the company an "overweight" rating in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Urban Outfitters from $32.00 to $39.00 and gave the company a "hold" rating in a research note on Monday. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company. Urban Outfitters currently has a consensus rating of "Hold" and an average price target of $32.30.

Several hedge funds have recently bought and sold shares of URBN. Guggenheim Capital LLC acquired a new stake in shares of Urban Outfitters during the third quarter worth approximately $204,000. Squarepoint Ops LLC acquired a new stake in shares of Urban Outfitters during the third quarter worth approximately $400,000. AQR Capital Management LLC boosted its holdings in shares of Urban Outfitters by 20.4% during the third quarter. AQR Capital Management LLC now owns 108,608 shares of the apparel retailer's stock worth $2,260,000 after purchasing an additional 18,424 shares during the period. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Urban Outfitters during the third quarter worth approximately $771,000. Finally, Brinker Capital Investments LLC acquired a new stake in shares of Urban Outfitters during the third quarter worth approximately $560,000. Institutional investors and hedge funds own 69.79% of the company's stock.

Urban Outfitters Company Profile

Urban Outfitters, Inc engages in the retail and wholesale of general consumer products. The company operates through three segments: Retail, wholesale, and Subscription. It operates Urban Outfitters stores, which offer women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28; and Anthropologie stores that provide women's casual apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45.

Featured Article: Are we seeing the beginning of a new bubble?

Insider Buying and Selling by Quarter for Urban Outfitters (NASDAQ:URBN)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Featured Article: What is a Lock-Up Period?


7 Low-Priced Dividend Stocks Under $10

The recent trading activity surrounding low-priced stocks like GameStop (NYSE:GME) is a reminder to investors of the high-risk nature involved with these stocks. Often when a stock trades for under $10 (also termed a penny stock), it is trading that low for a reason. The company may not be profitable, or in the case of GameStop, it finds itself with a business model that no longer fits with consumer trends.

But that’s not always the case. It is possible to find low-priced stocks, even penny stocks, that offer great value. This is particularly true if the stock offers investors a dividend. Dividend-earning stocks are a diversification source for a consumer’s portfolio, particularly if the dividend gets reinvested. It’s literally like paying yourself for owning the stock.

And the stocks in this presentation look ready also to deliver some additional stock price growth that can increase your total return.

View the "7 Low-Priced Dividend Stocks Under $10".


MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.