Soho House & Co Inc. (NYSE:SHCO) CEO Andrew Carnie Sells 45,561 Shares

Soho House & Co Inc. (NYSE:SHCO) CEO Andrew Carnie sold 45,561 shares of the company’s stock in a transaction on Monday, July 22nd. The stock was sold at an average price of $5.61, for a total transaction of $255,597.21. Following the sale, the chief executive officer now directly owns 1,013,413 shares in the company, valued at $5,685,246.93. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Andrew Carnie also recently made the following trade(s):

• On Friday, July 19th, Andrew Carnie sold 22,509 shares of Soho House & Co Inc. stock. The stock was sold at an average price of $5.77, for a total transaction of $129,876.93.

Soho House & Co Inc. Price Performance

Shares of NYSE:SHCO traded up $0.04 on Tuesday, hitting $5.63. The company had a trading volume of 204,137 shares, compared to its average volume of 224,677. Soho House & Co Inc. has a 1-year low of $4.35 and a 1-year high of $8.48. The stock has a 50 day moving average price of $5.43 and a 200 day moving average price of $5.69.

Soho House & Co Inc. (NYSE:SHCO) last released its quarterly earnings results on Friday, May 10th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.02). The company had revenue of $263.15 million for the quarter, compared to analyst estimates of $258.25 million. Equities analysts expect that Soho House & Co Inc. will post -0.35 earnings per share for the current year.

Hedge Funds Weigh In On Soho House & Co Inc.

Institutional investors and hedge funds have recently modified their holdings of the business. Walleye Trading LLC acquired a new stake in Soho House & Co Inc. during the first quarter worth about $79,000. Jump Financial LLC lifted its holdings in shares of Soho House & Co Inc. by 23.2% in the fourth quarter. Jump Financial LLC now owns 16,015 shares of the company’s stock worth $114,000 after acquiring an additional 3,015 shares during the last quarter. Sapient Capital LLC bought a new position in Soho House & Co Inc. in the 4th quarter valued at approximately $387,000. Mesirow Financial Investment Management Inc. bought a new position in Soho House & Co Inc. in the 1st quarter valued at approximately $411,000. Finally, Thematics Asset Management raised its holdings in Soho House & Co Inc. by 4.3% in the 4th quarter. Thematics Asset Management now owns 407,731 shares of the company’s stock valued at $2,903,000 after buying an additional 16,814 shares during the last quarter. 62.35% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Citigroup decreased their price objective on shares of Soho House & Co Inc. from $10.00 to $8.00 and set a “buy” rating on the stock in a report on Monday, June 3rd. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $8.10.

About Soho House & Co Inc.

Soho House & Co Inc operates a global membership platform of physical and digital spaces that connects a group of members. The company helps the members to use the platform to work, socialize, connect, create, and flourish all over the world. The company was formerly known as Membership Collective Group Inc and changed its name to Soho House & Co Inc in March 2023.