Soho House & Co Inc. (NYSE:SHCO) CEO Sells $114,350.80 in Stock

Soho House & Co Inc. (NYSE:SHCO) CEO Andrew Carnie sold 22,510 shares of the stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $5.08, for a total transaction of $114,350.80. Following the completion of the sale, the chief executive officer now directly owns 895,437 shares of the company’s stock, valued at approximately $4,548,819.96. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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 shares were sold at an average price of $5.44, for a total transaction of $132,790.40.
• On Monday, July 22nd, Andrew Carnie sold 45,561 shares of Soho House & Co Inc. stock. The shares were sold at an average price of $5.61, for a total transaction of $255,597.21.
• On Friday, July 19th, Andrew Carnie sold 22,509 shares of Soho House & Co Inc. stock. The shares were sold at an average price of $5.77, for a total transaction of $129,876.93.

Soho House & Co Inc. Stock Performance

Shares of SHCO stock remained flat at $5.18 during trading hours on Monday. 176,262 shares of the stock traded hands, compared to its average volume of 224,010. The business’s fifty day moving average is $5.41 and its two-hundred day moving average is $5.65. Soho House & Co Inc. has a 52-week low of $4.35 and a 52-week high of $8.48.

Soho House & Co Inc. (NYSE:SHCO) last issued its quarterly earnings data on Friday, May 10th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.02). The firm had revenue of $263.15 million for the quarter, compared to analysts’ expectations of $258.25 million. As a group, research analysts predict that Soho House & Co Inc. will post -0.35 EPS for the current fiscal year.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Soho House & Co Inc.

A number of hedge funds have recently added to or reduced their stakes in SHCO. Walleye Trading LLC acquired a new stake in Soho House & Co Inc. during the 1st quarter worth approximately $79,000. Jump Financial LLC lifted 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 buying an additional 3,015 shares in the last quarter. Sapient Capital LLC acquired a new stake in Soho House & Co Inc. during the 4th quarter worth approximately $387,000. Mesirow Financial Investment Management Inc. acquired a new stake in Soho House & Co Inc. during the 1st quarter worth approximately $411,000. Finally, Thematics Asset Management lifted its holdings in Soho House & Co Inc. by 4.3% during the 4th quarter. Thematics Asset Management now owns 407,731 shares of the company’s stock worth $2,903,000 after buying an additional 16,814 shares in the last quarter. 62.35% of the stock is currently owned by institutional investors and hedge funds.

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.