Alton Doody III Sells 3,500 Shares of Arhaus (NASDAQ:ARHS) Stock

Arhaus, Inc. (NASDAQ:ARHS) Director Alton Doody III sold 3,500 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $8.47, for a total value of $29,645.00. Following the completion of the transaction, the director owned 87,113 shares in the company, valued at $737,847.11. This represents a 3.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Arhaus Price Performance

NASDAQ ARHS opened at $8.10 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.33 and a quick ratio of 0.60. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 16.20, a price-to-earnings-growth ratio of 2.51 and a beta of 2.30. The company has a 50 day simple moving average of $8.49 and a 200-day simple moving average of $7.60. Arhaus, Inc. has a 52-week low of $5.57 and a 52-week high of $12.08.

Arhaus (NASDAQ:ARHS) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.12. Arhaus had a net margin of 4.91% and a return on equity of 17.23%. The firm had revenue of $384.90 million for the quarter, compared to the consensus estimate of $365.66 million. During the same period in the previous year, the firm posted $0.25 earnings per share. The firm’s revenue was up 7.5% on a year-over-year basis. Equities research analysts predict that Arhaus, Inc. will post 0.54 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Weiss Ratings upgraded Arhaus from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 17th. Craig Hallum upgraded Arhaus from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research note on Thursday, August 6th. Robert W. Baird set a $10.00 target price on Arhaus in a research report on Friday, August 7th. Telsey Advisory Group raised their price target on Arhaus from $8.00 to $10.00 and gave the stock a “market perform” rating in a research note on Friday, August 7th. Finally, Morgan Stanley lifted their price target on Arhaus from $9.00 to $10.00 and gave the company an “equal weight” rating in a report on Friday, August 7th. Four research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $10.12.

Institutional Investors Weigh In On Arhaus

Institutional investors and hedge funds have recently modified their holdings of the business. Larson Financial Group LLC increased its position in Arhaus by 89.8% during the third quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock worth $30,000 after buying an additional 1,315 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Arhaus by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock worth $265,000 after buying an additional 1,326 shares during the last quarter. Deutsche Bank AG lifted its position in shares of Arhaus by 4.6% in the fourth quarter. Deutsche Bank AG now owns 39,447 shares of the company’s stock worth $442,000 after buying an additional 1,725 shares during the last quarter. Entropy Technologies LP boosted its stake in shares of Arhaus by 7.0% during the 1st quarter. Entropy Technologies LP now owns 31,451 shares of the company’s stock worth $213,000 after acquiring an additional 2,049 shares in the last quarter. Finally, Virtu Financial LLC boosted its stake in shares of Arhaus by 19.2% during the 3rd quarter. Virtu Financial LLC now owns 13,402 shares of the company’s stock worth $142,000 after acquiring an additional 2,161 shares in the last quarter. Institutional investors and hedge funds own 27.88% of the company’s stock.

About Arhaus

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.