Urban Outfitters (NASDAQ:URBN) Insider Margaret Hayne Sells 9,333 Shares

Urban Outfitters, Inc. (NASDAQ:URBN) insider Margaret Hayne sold 9,333 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $82.66, for a total value of $771,465.78. Following the transaction, the insider directly owned 2,318,726 shares of the company’s stock, valued at $191,665,891.16. This represents a 0.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Wednesday, December 10th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $78.36, for a total value of $731,333.88.
• On Monday, December 8th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $76.03, for a total value of $709,587.99.
• On Friday, December 5th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $76.61, for a total transaction of $715,001.13.
• On Wednesday, December 3rd, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $78.95, for a total transaction of $736,840.35.
• On Monday, December 1st, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $73.97, for a total transaction of $690,362.01.
• On Friday, November 28th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $74.94, for a total transaction of $699,415.02.
• On Wednesday, November 26th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $75.32, for a total transaction of $702,961.56.

Urban Outfitters Stock Performance

Shares of URBN traded up $0.86 during trading hours on Monday, reaching $82.70. 1,794,555 shares of the company traded hands, compared to its average volume of 2,141,664. The stock’s fifty day moving average is $68.76 and its 200 day moving average is $71.20. Urban Outfitters, Inc. has a 1-year low of $41.89 and a 1-year high of $83.94. The stock has a market cap of $7.42 billion, a P/E ratio of 15.60, a price-to-earnings-growth ratio of 1.24 and a beta of 1.20.

Urban Outfitters (NASDAQ:URBN) last issued its quarterly earnings results on Wednesday, December 10th. The apparel retailer reported $1.28 earnings per share (EPS) for the quarter. The firm had revenue of $1.53 billion for the quarter. Urban Outfitters had a return on equity of 18.33% and a net margin of 8.15%. On average, equities research analysts predict that Urban Outfitters, Inc. will post 3.91 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Wall Street Zen lowered Urban Outfitters from a “buy” rating to a “hold” rating in a research note on Saturday. Barclays increased their price objective on shares of Urban Outfitters from $89.00 to $98.00 and gave the company an “overweight” rating in a research note on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Urban Outfitters in a research report on Wednesday, November 26th. UBS Group increased their price target on shares of Urban Outfitters from $70.00 to $80.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Urban Outfitters in a research note on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Urban Outfitters presently has a consensus rating of “Hold” and a consensus price target of $85.17.

Hedge Funds Weigh In On Urban Outfitters

Several institutional investors have recently added to or reduced their stakes in the company. HighTower Advisors LLC bought a new stake in Urban Outfitters in the first quarter valued at about $241,000. Bank of Montreal Can grew its position in shares of Urban Outfitters by 134.9% during the 2nd quarter. Bank of Montreal Can now owns 20,709 shares of the apparel retailer’s stock worth $1,502,000 after buying an additional 11,894 shares during the period. Quantitative Investment Management LLC bought a new stake in shares of Urban Outfitters in the 1st quarter valued at about $1,253,000. FORA Capital LLC increased its stake in shares of Urban Outfitters by 88.9% in the 1st quarter. FORA Capital LLC now owns 8,566 shares of the apparel retailer’s stock valued at $449,000 after acquiring an additional 4,032 shares during the last quarter. Finally, Jupiter Asset Management Ltd. acquired a new stake in shares of Urban Outfitters in the 2nd quarter valued at approximately $7,036,000. 77.61% of the stock is owned by institutional investors.

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 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.