Urban Outfitters, Inc’s filing revealed that its Director CHERKEN HARRY S JR unloaded Company’s shares for reported $3.15 million on Jan 10 ’25. In the deal valued at $57.31 per share,55,000 shares were sold. As a result of this transaction, CHERKEN HARRY S JR now holds 510,296 shares worth roughly $28.51 million.
Then, CHERKEN HARRY S JR bought 70,000 shares, generating $4,035,750 in total proceeds.
Before that, Smith Tricia D sold 11,730 shares. Urban Outfitters, Inc shares valued at $413,963 were divested by the Global CEO Anthropologie Group at a price of $35.29 per share. As a result of the transaction, Smith Tricia D now holds 0 shares, worth roughly $0.0.
Telsey Advisory Group reiterated its Urban Outfitters, Inc [URBN] rating to a Market perform in a research note published on January 14, 2025; the price target was $56. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in late November from “a Neutral” to “a Buy”. Telsey Advisory Group also remained covering URBN and reiterated its “Market perform” recommendation on November 27, 2024. Telsey Advisory Group revised its rating on August 22, 2024. It rated URBN as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of URBN
On Tuesday, Urban Outfitters, Inc [NASDAQ:URBN] saw its stock jump 0.09% to $55.87. Over the last five days, the stock has lost -4.40%. Urban Outfitters, Inc shares have risen nearly 1.80% since the year began. Nevertheless, the stocks have risen 43.81% over the past one year. While a 52-week high of $59.05 was reached on 01/07/25, a 52-week low of $33.86 was recorded on 01/13/25. SMA at 50 days reached $47.67, while 200 days put it at $42.10.
Levels Of Support And Resistance For URBN Stock
The 24-hour chart illustrates a support level at 54.77, which if violated will result in even more drops to 53.67. On the upside, there is a resistance level at 57.28. A further resistance level may holdings at 58.69. The Relative Strength Index (RSI) on the 14-day chart is 60.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.96%. Stochastics %K at 54.44% indicates the stock is a holding.
How much short interest is there in Urban Outfitters, Inc?
A steep rise in short interest was recorded in Urban Outfitters, Inc stocks on 2024-11-15, dropping by -0.11 million shares to a total of 5.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 5.55 million shares. There was a decline of -2.08%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 22, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $49.
