Soho House & Co Inc. (NYSE:SHCO) Stock Price Down 3.5%

Shares of Soho House & Co Inc. (NYSE:SHCO) were down 3.5% during trading on Tuesday . The company traded as low as $4.66 and last traded at $4.74. Approximately 21,941 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 227,035 shares. The stock had previously closed at $4.91.

Analyst Upgrades and Downgrades

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

Soho House & Co Inc. Trading Up 6.6 %

The stock’s 50-day moving average price is $5.34 and its 200-day moving average price is $5.56. The stock has a market cap of $949.02 million, a price-to-earnings ratio of -6.38 and a beta of 0.74.

Soho House & Co Inc. (NYSE:SHCO) last released its earnings results on Friday, May 10th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.02). The company had revenue of $263.15 million during the quarter, compared to analyst estimates of $258.25 million. As a group, analysts predict that Soho House & Co Inc. will post -0.35 earnings per share for the current year.

Insider Buying and Selling at Soho House & Co Inc.

In other Soho House & Co Inc. news, CEO Andrew Carnie sold 45,561 shares of the stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $5.61, for a total value of $255,597.21. Following the transaction, the chief executive officer now owns 1,013,413 shares in the company, valued at $5,685,246.93. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 114,990 shares of company stock valued at $632,615. Corporate insiders own 75.00% of the company’s stock.

Institutional Investors Weigh In On Soho House & Co Inc.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Jump Financial LLC boosted its holdings in Soho House & Co Inc. by 23.2% during the 4th quarter. Jump Financial LLC now owns 16,015 shares of the company’s stock worth $114,000 after acquiring an additional 3,015 shares during the last quarter. Walleye Trading LLC bought a new position in shares of Soho House & Co Inc. during the 1st quarter worth $79,000. Thematics Asset Management increased its holdings in Soho House & Co Inc. by 4.3% in the 4th quarter. Thematics Asset Management now owns 407,731 shares of the company’s stock worth $2,903,000 after acquiring an additional 16,814 shares during the last quarter. Sapient Capital LLC bought a new stake in Soho House & Co Inc. in the 4th quarter valued at about $387,000. Finally, Mesirow Financial Investment Management Inc. purchased a new stake in Soho House & Co Inc. during the first quarter valued at about $411,000. Institutional investors own 62.35% of the company’s stock.

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.