Urban Outfitters (NASDAQ:URBN) CEO Richard Hayne Sells 10,667 Shares

Urban Outfitters, Inc. (NASDAQ:URBN) CEO Richard Hayne sold 10,667 shares of the company’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $81.14, for a total transaction of $865,520.38. Following the transaction, the chief executive officer owned 17,835,933 shares in the company, valued at $1,447,207,603.62. The trade was a 0.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Urban Outfitters Trading Down 3.6%

URBN stock opened at $77.24 on Wednesday. The firm has a 50 day moving average of $70.27 and a 200-day moving average of $71.68. The company has a market cap of $6.93 billion, a price-to-earnings ratio of 14.57, a PEG ratio of 1.21 and a beta of 1.20. Urban Outfitters, Inc. has a 12-month low of $41.89 and a 12-month high of $83.94.

Urban Outfitters (NASDAQ:URBN) last released its quarterly earnings results on Wednesday, December 10th. The apparel retailer reported $1.28 earnings per share for the quarter. The business 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%. Sell-side analysts forecast that Urban Outfitters, Inc. will post 3.91 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Urban Outfitters

A number of hedge funds and other institutional investors have recently modified their holdings of URBN. Dimensional Fund Advisors LP lifted its stake in shares of Urban Outfitters by 4.0% during the third quarter. Dimensional Fund Advisors LP now owns 3,675,936 shares of the apparel retailer’s stock valued at $262,578,000 after buying an additional 142,909 shares during the period. American Century Companies Inc. raised its holdings in Urban Outfitters by 23.1% in the 3rd quarter. American Century Companies Inc. now owns 2,879,092 shares of the apparel retailer’s stock valued at $205,654,000 after acquiring an additional 540,877 shares during the last quarter. Fisher Asset Management LLC raised its holdings in Urban Outfitters by 2.8% in the 3rd quarter. Fisher Asset Management LLC now owns 1,847,922 shares of the apparel retailer’s stock valued at $131,997,000 after acquiring an additional 50,837 shares during the last quarter. Junto Capital Management LP lifted its stake in shares of Urban Outfitters by 16.5% during the 1st quarter. Junto Capital Management LP now owns 1,728,447 shares of the apparel retailer’s stock worth $90,571,000 after purchasing an additional 244,801 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of Urban Outfitters by 0.9% during the second quarter. Geode Capital Management LLC now owns 1,525,150 shares of the apparel retailer’s stock worth $110,646,000 after purchasing an additional 12,965 shares during the last quarter. 77.61% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Urban Outfitters

Here are the key news stories impacting Urban Outfitters this week:

• Neutral Sentiment: News outlet American Banking News published a head-to-head comparison of Urban Outfitters (URBN) versus specialty apparel peer Torrid (CURV), offering context on relative growth drivers and competitive positioning — useful for investors assessing URBN’s category exposure and risks. Urban Outfitters (NASDAQ:URBN) versus Torrid (NYSE:CURV) Head-To-Head Contrast
• Negative Sentiment: Multiple insider sales by the Hayne family were disclosed: CEO Richard A. Hayne sold two blocks (10,667 shares on 12/19 and 10,667 on 12/22) at ~ $81.14 and $80.38, and insider Margaret Hayne sold two blocks (9,333 shares on 12/19 and 9,333 on 12/22) at similar prices. The combined transactions total roughly $3.2M and were reported in SEC filings; each sale reduced positions by small percentages (CEO ~0.06%, Margaret ~0.41%) while both remain large shareholders. Investors often interpret repeat insider selling as short-term negative pressure on the stock, though the very small ownership reductions and large remaining stakes leave room for benign explanations (taxes, diversification). SEC Filing Urban Outfitters (NASDAQ:URBN) Insider Sells $770,252.49 in Stock

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on URBN shares. UBS Group boosted their price objective 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. Telsey Advisory Group upgraded shares of Urban Outfitters from a “market perform” rating to an “outperform” rating and raised their target price for the company from $85.00 to $98.00 in a report on Wednesday, December 17th. Wall Street Zen upgraded shares of Urban Outfitters from a “hold” rating to a “buy” rating in a research report on Sunday. The Goldman Sachs Group initiated 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 on the stock. Finally, Guggenheim began coverage on shares of Urban Outfitters in a research note on Tuesday, December 9th. They set a “neutral” rating for the company. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Urban Outfitters has an average rating of “Moderate Buy” and a consensus price target of $86.50.

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.