Soho House & Co Inc. (NYSE:SHCO) CFO Thomas Glassbrooke Allen Sells 8,557 Shares

Soho House & Co Inc. (NYSE:SHCO) CFO Thomas Glassbrooke Allen sold 8,557 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $6.09, for a total value of $52,112.13. Following the transaction, the chief financial officer now owns 87,143 shares of the company’s stock, valued at approximately $530,700.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Thomas Glassbrooke Allen also recently made the following trade(s):

• On Friday, August 23rd, Thomas Glassbrooke Allen sold 32,336 shares of Soho House & Co Inc. stock. The shares were sold at an average price of $6.03, for a total value of $194,986.08.

Soho House & Co Inc. Stock Performance

Shares of NYSE:SHCO opened at $6.25 on Wednesday. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of -8.22 and a beta of 0.74. The stock’s 50-day simple moving average is $5.47 and its two-hundred day simple moving average is $5.52. 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 announced its earnings results on Friday, August 9th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.06). The business had revenue of $305.15 million during the quarter, compared to analyst estimates of $302.73 million. During the same quarter last year, the firm earned ($0.01) earnings per share. As a group, equities analysts forecast that Soho House & Co Inc. will post -0.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently commented on SHCO shares. Citigroup decreased their target price on 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. Roth Mkm reiterated a “buy” rating and issued a $7.50 price objective on shares of Soho House & Co Inc. in a report on Monday, August 12th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Soho House & Co Inc. presently has an average rating of “Moderate Buy” and a consensus target price of $8.10.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Walleye Trading LLC purchased a new position in Soho House & Co Inc. in the first quarter worth about $79,000. Jump Financial LLC raised its stake 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 worth $114,000 after buying an additional 3,015 shares during the period. Symmetry Investments LP raised its stake in shares of Soho House & Co Inc. by 93.0% in the second quarter. Symmetry Investments LP now owns 19,300 shares of the company’s stock worth $102,000 after buying an additional 9,300 shares during the period. Sapient Capital LLC bought a new stake in Soho House & Co Inc. during the 4th quarter valued at approximately $387,000. Finally, Mesirow Financial Investment Management Inc. bought a new stake in Soho House & Co Inc. during the 1st quarter valued at approximately $411,000. 62.35% of the stock is owned by hedge funds and other institutional investors.

About Soho House & Co Inc.

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.