Fox Run Management L.L.C. bought a new stake in shares of Urban Outfitters, Inc. (NASDAQ:URBN – Free Report) during the third quarter, Holdings Channel.com reports. The fund bought 9,629 shares of the apparel retailer’s stock, valued at approximately $688,000.
Other institutional investors have also recently made changes to their positions in the company. Jupiter Asset Management Ltd. grew its position in shares of Urban Outfitters by 900.1% in the third quarter. Jupiter Asset Management Ltd. now owns 969,999 shares of the apparel retailer’s stock valued at $69,287,000 after purchasing an additional 873,008 shares in the last quarter. Norges Bank purchased a new stake in Urban Outfitters during the 2nd quarter worth about $55,429,000. Qube Research & Technologies Ltd boosted its stake in Urban Outfitters by 59.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,287,096 shares of the apparel retailer’s stock worth $93,366,000 after purchasing an additional 477,909 shares during the period. Marshall Wace LLP grew its holdings in Urban Outfitters by 150.5% during the 2nd quarter. Marshall Wace LLP now owns 617,527 shares of the apparel retailer’s stock valued at $44,795,000 after buying an additional 371,058 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new position in Urban Outfitters during the 2nd quarter valued at about $17,279,000. Hedge funds and other institutional investors own 77.61% of the company’s stock.
Insider Activity at Urban Outfitters
In other Urban Outfitters news, CEO Richard A. Hayne sold 10,667 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $70.50, for a total transaction of $752,023.50. Following the transaction, the chief executive officer directly owned 17,449,385 shares in the company, valued at $1,230,181,642.50. This trade represents a 0.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Margaret Hayne sold 9,333 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $70.50, for a total transaction of $657,976.50. Following the completion of the sale, the insider owned 1,933,859 shares of the company’s stock, valued at approximately $136,337,059.50. The trade was a 0.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 582,850 shares of company stock valued at $44,058,464. 31.60% of the stock is owned by insiders.
Urban Outfitters Stock Down 3.7%
Urban Outfitters (NASDAQ:URBN – Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The apparel retailer reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.19. The firm had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.79 billion. Urban Outfitters had a return on equity of 19.41% and a net margin of 7.54%.The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.04 EPS. On average, equities analysts expect that Urban Outfitters, Inc. will post 3.91 earnings per share for the current fiscal year.
Trending Headlines about Urban Outfitters
Here are the key news stories impacting Urban Outfitters this week:
- Positive Sentiment: Company reported record Q4 and FY26 results: revenue of $1.80B (+10.1% Y/Y) and EPS of $1.43, beating Street estimates; management said margins expanded. These beats explain the initial positive reaction to the print. TipRanks: Urban Outfitters Posts Record Results
- Positive Sentiment: Nuuly rental business and turnaround at namesake Urban Outfitters stores are cited as key growth drivers — stronger subscribers/sales mix helped top-line and margin improvement. WSJ: Rental Business Beats Sales Target
- Positive Sentiment: Analysts and outlets highlighted brand momentum and improved comps; several earnings summaries call out continued category strength and margin leverage. Zacks: Q4 Earnings & Sales Beat
- Neutral Sentiment: Several bullish analyst/idea pieces argue URBN is an attractive consumer discretionary holding on improved fundamentals and upside potential; these are long-term supportive but don’t guarantee near-term moves. Seeking Alpha: Ideal Specialty Retailer
- Neutral Sentiment: Additional Seeking Alpha analysis frames URBN as a buy-and-hold consumer discretionary name given secular initiatives and earnings tailwinds; useful context for investors with multi-quarter horizons. Seeking Alpha: Worth Owning
- Negative Sentiment: Wells Fargo trimmed its price target to $75 and moved to “equal weight,” signaling some analyst caution on near-term upside and tempering investor enthusiasm. Benzinga: Wells Fargo Lowers PT
- Negative Sentiment: Despite the beat, the stock is trading below its 50- and 200-day moving averages and volume is below average — technicals and profit-taking after the strong print may be putting downward pressure. MarketBeat: URBN Quote & Technicals
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the stock. UBS Group restated a “neutral” rating on shares of Urban Outfitters in a research report on Tuesday, January 13th. The Goldman Sachs Group started coverage on shares of Urban Outfitters in a research note on Tuesday, December 9th. They issued a “neutral” rating and a $83.00 target price on the stock. Guggenheim began coverage on shares of Urban Outfitters in a research report on Tuesday, December 9th. They set a “neutral” rating for the company. Barclays increased their price objective on Urban Outfitters from $98.00 to $102.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Finally, Wells Fargo & Company reduced their target price on Urban Outfitters from $80.00 to $75.00 and set an “equal weight” rating for the company in a research report on Thursday. Eight investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $86.25.
View Our Latest Analysis on Urban Outfitters
Urban Outfitters 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.
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