Arhaus (NASDAQ:ARHS) CAO Sells 4,450 Shares of Company Stock

Arhaus, Inc. (NASDAQ:ARHS – Get Free Report) CAO Christian Sedor sold 4,450 shares of Arhaus stock in a transaction on Monday, November 9th. The shares were sold at an average price of $15.08, for a total transaction of $67,106.00. Following the completion of the transaction, the chief accounting officer owned 5,669 shares in the company, valued at approximately $85,488.52. This represents a 43.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Arhaus Stock Performance

Shares of Arhaus stock traded down $0.13 during trading hours on Tuesday, hitting $14.89. 2,135,248 shares of the company were exchanged, compared to its average volume of 1,445,472. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 32.37, a P/E/G ratio of 3.73 and a beta of 2.24. Arhaus, Inc. has a 1 year low of $5.57 and a 1 year high of $15.17. The business has a 50-day moving average of $10.02 and a 200-day moving average of $8.43. The company has a current ratio of 1.33, a quick ratio of 0.60 and a debt-to-equity ratio of 0.13.

Arhaus (NASDAQ:ARHS – Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). Arhaus had a net margin of 4.91% and a return on equity of 17.23%. The firm had revenue of $368.12 million during the quarter, compared to analyst estimates of $370.56 million. During the same quarter in the previous year, the business earned $0.09 EPS. Arhaus’s revenue for the quarter was up 6.8% on a year-over-year basis. As a group, analysts expect that Arhaus, Inc. will post 0.54 EPS for the current fiscal year.

Key Headlines Impacting Arhaus

Here are the key news stories impacting Arhaus this week:

  • Positive Sentiment: Analysts raised price targets and maintained Buy ratings. Guggenheim lifted its target from $12 to $17, and TD Cowen raised its target from $11 to $16. Both firms reiterated Buy ratings, signaling improved optimism about Arhaus’s prospects. Guggenheim analyst ratings TD Cowen analyst ratings
  • Positive Sentiment: Zacks highlighted ARHS as a value stock. The favorable style-score assessment may attract investors focused on valuation, though it is not a change to the company’s business outlook. Zacks value-stock analysis
  • Neutral Sentiment: Reported short interest was zero shares. The report’s claim of a “significant increase” conflicts with its stated total of zero, so it offers little clear signal about short positioning.
  • Negative Sentiment: Arhaus’s chief accounting officer sold shares. Christian Sedor sold 4,450 shares, reducing his holdings by about 44%. The sale was relatively modest in dollar value, but insider selling can weigh on sentiment. SEC Form 4 filing
  • Negative Sentiment: Recent quarterly results fell short of expectations. Arhaus reported EPS of $0.05 versus the $0.08 consensus and revenue of $368.1 million versus expectations of $370.6 million, although revenue increased 6.8% year over year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of ARHS. GAMMA Investing LLC lifted its position in shares of Arhaus by 85.0% in the 3rd quarter. GAMMA Investing LLC now owns 2,611 shares of the company’s stock worth $25,000 after buying an additional 1,200 shares during the last quarter. Ancora Advisors LLC bought a new position in shares of Arhaus in the second quarter worth $34,000. Fifth Third Bancorp bought a new position in Arhaus in the 1st quarter valued at about $40,000. Squarepoint Ops LLC bought a new stake in Arhaus during the second quarter worth approximately $96,000. Finally, Entropy Technologies LP raised its stake in shares of Arhaus by 7.0% in the 1st quarter. Entropy Technologies LP now owns 31,451 shares of the company’s stock worth $213,000 after buying an additional 2,049 shares in the last quarter. Institutional investors own 27.88% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on ARHS. Guggenheim upped their target price on shares of Arhaus from $12.00 to $17.00 and gave the company a “buy” rating in a report on Tuesday. Weiss Ratings raised shares of Arhaus from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 17th. Robert W. Baird set a $10.00 price objective on Arhaus in a research note on Friday, August 7th. Jefferies Financial Group raised shares of Arhaus from a “hold” rating to a “buy” rating and upped their price target for the stock from $9.50 to $10.00 in a research report on Monday, September 21st. Finally, Piper Sandler raised shares of Arhaus from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $9.00 to $13.00 in a research report on Tuesday, October 20th. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $12.56.

Read Our Latest Report on Arhaus

About Arhaus

(Get Free Report)

Arhaus, Inc. is a U.S.-based home furnishings retailer that designs, sources and sells furniture and décor for residential spaces. Its product range includes indoor and outdoor furniture, rugs, lighting, textiles and accessories. Founded in 1986, the company offers its products through retail stores and an e-commerce platform. Arhaus serves customers across the United States. The company is headquartered in Boston Heights, Ohio, and emphasizes distinctive designs, craftsmanship and the use of materials sourced from around the world.

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