Kotzman Kelly Campbell Sells 6,800 Shares of Urban Outfitters, Inc. (NASDAQ:URBN) Stock

Urban Outfitters, Inc. (NASDAQ:URBN - Get Free Report) Director Kotzman Kelly Campbell sold 6,800 shares of Urban Outfitters stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $75.10, for a total transaction of $510,680.00. Following the completion of the sale, the director now directly owns 4,750 shares of the company's stock, valued at approximately $356,725. This trade represents a 58.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Urban Outfitters Trading Down 0.2%

Shares of URBN traded down $0.12 during trading hours on Tuesday, reaching $72.50. 1,720,417 shares of the stock traded hands, compared to its average volume of 1,969,589. Urban Outfitters, Inc. has a 52-week low of $33.86 and a 52-week high of $75.80. The company's 50-day moving average price is $55.44 and its two-hundred day moving average price is $53.91. The company has a market cap of $6.72 billion, a P/E ratio of 20.77, a price-to-earnings-growth ratio of 1.02 and a beta of 1.33.

Urban Outfitters (NASDAQ:URBN - Get Free Report) last released its earnings results on Wednesday, May 21st. The apparel retailer reported $1.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.81 by $0.35. Urban Outfitters had a net margin of 6.11% and a return on equity of 15.86%. The company had revenue of $1.33 billion for the quarter, compared to analysts' expectations of $1.29 billion. During the same quarter in the previous year, the company earned $0.69 EPS. Urban Outfitters's revenue for the quarter was up 10.7% on a year-over-year basis. On average, research analysts forecast that Urban Outfitters, Inc. will post 3.91 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on URBN. Barclays lifted their target price on shares of Urban Outfitters from $59.00 to $73.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 20th. Wall Street Zen upgraded shares of Urban Outfitters from a "hold" rating to a "buy" rating in a research note on Tuesday, May 20th. Citigroup dropped their price target on shares of Urban Outfitters from $65.00 to $54.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Bank of America lifted their price target on shares of Urban Outfitters from $70.00 to $80.00 and gave the stock a "buy" rating in a research note on Thursday, May 22nd. Finally, UBS Group lifted their price target on shares of Urban Outfitters from $54.00 to $75.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 28th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $69.36.

Institutional Trading of Urban Outfitters

A number of institutional investors and hedge funds have recently bought and sold shares of URBN. Whipplewood Advisors LLC increased its holdings in Urban Outfitters by 2,893.8% in the 1st quarter. Whipplewood Advisors LLC now owns 479 shares of the apparel retailer's stock valued at $25,000 after acquiring an additional 463 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Urban Outfitters by 61.5% in the 4th quarter. Jones Financial Companies Lllp now owns 525 shares of the apparel retailer's stock valued at $29,000 after acquiring an additional 200 shares during the last quarter. Federated Hermes Inc. increased its holdings in Urban Outfitters by 17,175.0% in the 1st quarter. Federated Hermes Inc. now owns 691 shares of the apparel retailer's stock valued at $36,000 after acquiring an additional 687 shares during the last quarter. Virtus Advisers LLC bought a new stake in Urban Outfitters in the 1st quarter valued at $46,000. Finally, Exchange Traded Concepts LLC bought a new stake in Urban Outfitters in the 1st quarter valued at $52,000. 77.61% of the stock is currently owned by institutional investors.

About Urban Outfitters

Urban Outfitters, Inc engages in the retail and wholesale of general consumer products. The company operates through three segments: Retail, Wholesale, and Nuuly. 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 apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45.