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 Soho House & Co Inc. 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 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 document filed with the SEC, which is available through this link.

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 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

NYSE:SHCO opened at $5.11 on Friday. Soho House & Co Inc. has a one year low of $4.35 and a one year high of $8.48. The firm has a market cap of $999.87 million, a P/E ratio of -6.72 and a beta of 0.74. The firm has a 50-day simple moving average of $5.41 and a 200-day simple moving average of $5.68.

Soho House & Co Inc. (NYSE:SHCO) last posted its quarterly 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 firm had revenue of $263.15 million for the quarter, compared to analyst estimates of $258.25 million. On average, research analysts predict that Soho House & Co Inc. will post -0.35 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Sapient Capital LLC purchased a new position in shares of Soho House & Co Inc. in the 4th quarter worth approximately $387,000. Jump Financial LLC grew its position in shares of Soho House & Co Inc. by 23.2% in 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 during the last quarter. Thematics Asset Management grew its position in shares of 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 buying an additional 16,814 shares during the last quarter. Walleye Trading LLC purchased a new position in shares of Soho House & Co Inc. in the 1st quarter worth approximately $79,000. Finally, Mesirow Financial Investment Management Inc. purchased a new position in shares of Soho House & Co Inc. in the 1st quarter worth approximately $411,000. Hedge funds and other institutional investors own 62.35% of the company’s stock.

Analysts Set New Price Targets

Separately, Citigroup reduced 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 report on Monday, June 3rd. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price 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.