Urban Outfitters, Inc. (NASDAQ:URBN) reached 5.72% versus a 1-year low price of $22.19. The stock was last seen -1.26% lower, reaching at $23.46 on 6/19/2019. At a recent session, the prices were hovering between $23.21 and $23.88. This company shares are 36.4% off its target price of $32 and the current market capitalization stands at $2.23B. The recent change has given its price a -13.78% deficit over SMA 50 and -55.31% deficit over its 52-week high. The stock witnessed -12.95% declines, -17.94% declines and -29.76% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found URBN’s volatility during a week at 3.4% and during a month it has been found around 3.72%.
What Does Urban Outfitters, Inc. (URBN) Do?
The company describes itself in regulatory filings as, “Urban Outfitters, Inc. engages in the operation of a general consumer product retail and wholesale business selling to customers through various channels including retail locations, websites, catalogs and mobile applications. It operates through the Retail, and Wholesale segments. The Retail segment contains the Anthropologie, Bhldn, Free People, Terrain, and Urban Outfitters brands; and its Food and Beverage division. The Wholesale segment designs, develops, and markets apparel, intimates, active wear, and home goods under the Free People, Anthropologie, and Urban Outfitters brands. The company was founded by Richard A. Hayne and Scott A. Belair in 1970 and is headquartered at Philadelphia, PA.” [Text can be found here: https://www.marketwatch.com/investing/stock/URBN/profile under company description.]Urban Outfitters, Inc. (URBN) Top Holders
Institutional investors currently hold around $1.84 billion or 80.3% in URBN stock. Look at its top three institutional owners: Vanguard Group Inc owns $214.48 million in Urban Outfitters, Inc., which represents roughly 9.62% of the company’s market cap and approximately 11.67% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 7,189,562 shares of the stock are valued at $170.82 million. The third largest holder is Fmr Llc, which currently holds $143.64 million worth of this stock and that ownership represents nearly 6.44% of its market capitalization.
At the end of March reporting period, 159 institutional holders increased their position in Urban Outfitters, Inc. (NASDAQ:URBN) by some 15,952,462 shares, 183 decreased positions by 21,328,865 and 31 held positions by 40,073,987. That puts total institutional holdings at 77,355,314 shares, according to SEC filings. The stock grabbed 57 new institutional investments totaling 3,305,833 shares while 87 institutional investors sold out their entire positions totaling 7,393,260 shares.Urban Outfitters, Inc. (NASDAQ:URBN) Insider Trades
Multiple company employees have indulged in significant insider trading. Urban Outfitters, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director ANTOIAN EDWARD N has sold 18,006 shares of Urban Outfitters, Inc. (URBN) in the trading session dated Apr. 10, 2019. These shares are worth $598,339 and were traded at $33.23 each. The SEC filing shows that Hayne Azeez performed a sale of 10,300 shares. The General Counsel and Secretary disposed these shares by way of transaction on Apr. 08, 2019. The company’s shares were given away at $33.63 per share worth to an income of some $346,389 to the account of Hayne Azeez.
CEO, Urban Outfitters Group, Donnelly Trish, sold 9,144 common shares of Urban Outfitters, Inc. (URBN) in the open market. In a transaction dated Apr. 05, 2019, the shares were put up for sale at an average price of $34, raking in a sum of $310,896. After this sale, 10,295 common shares of URBN are directly owned by the insider, with total stake valued at $241,521.
In the transaction dated Apr. 04, 2019, a great number of shares sold came courtesy the Director; LAWSON JOEL S III disposed a total of 10,000 shares at an average price of $32.34, amounting to approximately $323,400. The insider now directly owns 7,000 shares worth $164,220.Urban Outfitters, Inc. (URBN) Analyst Guide
Several analysts have released their opinion on Urban Outfitters, Inc. (NASDAQ:URBN), with 5 analysts believing it is a strong buy. Whereas 14 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.43 average brokerage recommendation [T1].