Soho House & Co Inc. (NYSE:SHCO - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $8.88 and last traded at $8.85, with a volume of 4844910 shares changing hands. The stock had previously closed at $7.64.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of Soho House & Co Inc. to a "strong-buy" rating in a research note on Tuesday, August 12th.
View Our Latest Analysis on Soho House & Co Inc.
Soho House & Co Inc. Price Performance
The stock has a market capitalization of $1.72 billion, a P/E ratio of -29.42 and a beta of 0.66. The stock's fifty day moving average is $6.98 and its 200-day moving average is $6.63.
Soho House & Co Inc. (NYSE:SHCO - Get Free Report) last issued its quarterly earnings results on Friday, August 8th. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of ($0.08) by $0.21. Soho House & Co Inc. had a negative net margin of 4.67% and a negative return on equity of 4.02%. The firm had revenue of $329.80 million during the quarter, compared to the consensus estimate of $316.79 million. On average, research analysts expect that Soho House & Co Inc. will post -0.43 EPS for the current year.
Insider Buying and Selling at Soho House & Co Inc.
In related news, CEO Andrew Carnie sold 100,000 shares of the stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $6.38, for a total value of $638,000.00. Following the completion of the transaction, the chief executive officer owned 1,103,975 shares of the company's stock, valued at $7,043,360.50. This represents a 8.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 74.70% of the company's stock.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. D. E. Shaw & Co. Inc. bought a new position in shares of Soho House & Co Inc. in the fourth quarter valued at approximately $790,000. Third Point LLC bought a new position in shares of Soho House & Co Inc. in the fourth quarter valued at approximately $17,523,000. Renaissance Technologies LLC bought a new position in shares of Soho House & Co Inc. in the fourth quarter valued at approximately $742,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Soho House & Co Inc. by 53.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 145,416 shares of the company's stock valued at $1,083,000 after acquiring an additional 50,723 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of 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 purchasing an additional 53,860 shares in the last quarter. Institutional investors own 62.35% of the company's stock.
Soho House & Co Inc. Company Profile
(
Get Free Report)
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.
Further Reading
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