Soho House & Co Inc. (NYSE:SHCO) CEO Sells $255,597.21 in Stock

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

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

• On Wednesday, July 24th, Andrew Carnie sold 24,410 shares of Soho House & Co Inc. stock. The stock was sold at an average price of $5.44, for a total transaction of $132,790.40.
• 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. Stock Down 4.1 %

Shares of NYSE:SHCO opened at $5.11 on Friday. The firm has a market capitalization of $999.87 million, a PE ratio of -6.72 and a beta of 0.74. Soho House & Co Inc. has a twelve month low of $4.35 and a twelve month high of $8.48. The company has a 50-day moving average price of $5.41 and a two-hundred day moving average price of $5.68.

Soho House & Co Inc. (NYSE:SHCO) last issued its earnings results on Friday, May 10th. The company reported ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.02). The business had revenue of $263.15 million for the quarter, compared to analysts’ expectations of $258.25 million. Analysts anticipate that Soho House & Co Inc. will post -0.35 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Soho House & Co Inc.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Walleye Trading LLC bought a new position in Soho House & Co Inc. during the first quarter worth about $79,000. Jump Financial LLC boosted its position 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 valued at $114,000 after acquiring an additional 3,015 shares during the period. Sapient Capital LLC bought a new position in shares of Soho House & Co Inc. in the fourth quarter valued at approximately $387,000. Mesirow Financial Investment Management Inc. bought a new position in shares of Soho House & Co Inc. in the first quarter valued at approximately $411,000. Finally, Thematics Asset Management boosted its position in shares of Soho House & Co Inc. by 4.3% in the fourth quarter. Thematics Asset Management now owns 407,731 shares of the company’s stock valued at $2,903,000 after acquiring an additional 16,814 shares during the period. Institutional investors own 62.35% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Soho House & Co Inc. Company Profile

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.