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

Urban Outfitters, Inc. (NASDAQ:URBN) CEO Richard Hayne sold 10,667 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $74.94, for a total value of $799,384.98. Following the completion of the transaction, the chief executive officer directly owned 17,750,597 shares of the company’s stock, valued at approximately $1,330,229,739.18. This trade represents a 0.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Urban Outfitters Price Performance

Shares of Urban Outfitters stock opened at $80.77 on Wednesday. Urban Outfitters, Inc. has a 52-week low of $41.89 and a 52-week high of $83.94. The firm has a market capitalization of $7.24 billion, a PE ratio of 15.24, a price-to-earnings-growth ratio of 1.15 and a beta of 1.23. The company’s fifty day moving average price is $72.16 and its two-hundred day moving average price is $72.23.

Urban Outfitters (NASDAQ:URBN) last released its quarterly earnings data on Wednesday, December 10th. The apparel retailer reported $1.28 EPS for the quarter. The company had revenue of $1.53 billion during the quarter. Urban Outfitters had a net margin of 8.15% and a return on equity of 18.33%. Analysts predict that Urban Outfitters, Inc. will post 3.91 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

URBN has been the subject of several analyst reports. Guggenheim started coverage on Urban Outfitters in a research report on Tuesday, December 9th. They set a “neutral” rating for the company. Wells Fargo & Company lifted their price objective on Urban Outfitters from $75.00 to $80.00 and gave the company an “equal weight” rating in a report on Wednesday, November 26th. Telsey Advisory Group raised shares of Urban Outfitters from a “market perform” rating to an “outperform” rating and upped their target price for the stock 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 Tuesday. Finally, Robert W. Baird set a $93.00 price target on shares of Urban Outfitters in a research report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Urban Outfitters presently has an average rating of “Moderate Buy” and a consensus target price of $86.50.

Urban Outfitters News Summary

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

• Positive Sentiment: Nuuly (URBN’s rental/subscription business) reported accelerating subscriber and revenue growth in Q3 and is being credited with powering Urban Outfitters’ recent momentum and record results — a clear fundamental growth story that can support valuation expansion. Nuuly’s Strong Revenue Growth Powers Urban Outfitters Momentum
• Positive Sentiment: Wall Street support: several firms have reaffirmed or raised targets recently (Weiss Ratings buy, Baird $93 target, UBS/Wells Fargo lifted targets to ~$80), and consensus remains a “Moderate Buy” with an average target ~ $86.50 — analyst optimism helps buyer interest.
• Neutral Sentiment: Institutional ownership is high (~77.6%) and several funds modestly increased positions in recent quarters—supportive for liquidity but not a near-term catalyst by itself. Institutional holdings and insider trades
• Negative Sentiment: Insider selling: CEO Richard Hayne and director Margaret Hayne disclosed multiple share sales around Dec. 31 and Jan. 2 (CEO sold ~10,667 shares; Margaret sold ~9,333 on Jan. 2, with repeated daily sales in December). The transactions total low-single-digit percentage reductions of very large holdings and look routine (liquidity/taxes/diversification), but headline selling can pressure sentiment short-term. SEC filing: Insider ownership filing

Institutional Investors Weigh In On Urban Outfitters

A number of hedge funds have recently added to or reduced their stakes in the stock. Root Financial Partners LLC bought a new position in shares of Urban Outfitters in the third quarter worth about $25,000. Hollencrest Capital Management acquired a new stake in shares of Urban Outfitters in the second quarter valued at approximately $26,000. Global Retirement Partners LLC raised its position in Urban Outfitters by 158.4% in the 3rd quarter. Global Retirement Partners LLC now owns 460 shares of the apparel retailer’s stock worth $33,000 after purchasing an additional 282 shares during the last quarter. Cullen Frost Bankers Inc. raised its position in Urban Outfitters by 180.2% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 468 shares of the apparel retailer’s stock worth $34,000 after purchasing an additional 301 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in Urban Outfitters by 125.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 493 shares of the apparel retailer’s stock worth $36,000 after buying an additional 274 shares in the last quarter. Institutional investors own 77.61% of the company’s stock.

Urban Outfitters Company Profile

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.