Urban Outfitters director Wesley McDonald sells $485k in stock

Published 05/03/2025, 22:10
Urban Outfitters director Wesley McDonald sells $485k in stock

PHILADELPHIA—Wesley S. McDonald, a director at Urban Outfitters Inc. (NASDAQ:URBN), recently sold a portion of his holdings in the company. The sale comes as Urban Outfitters’ stock has surged nearly 57% over the past six months, trading near its 52-week high of $61.16. According to a Form 4 filing with the Securities and Exchange Commission, McDonald sold 8,300 common shares on March 3, 2025, at a price of $58.44 per share. This transaction amounted to a total sale value of approximately $485,052.

Following the sale, McDonald retains ownership of 15,450 shares in the company. Additionally, the filing noted a separate transaction involving 3,900 shares, which were disposed of at no cost, resulting in a new total of 11,550 shares owned. According to InvestingPro, Urban Outfitters maintains strong financial health with a "GREAT" overall score, supported by a moderate debt level and a P/E ratio of 13.15.

Urban Outfitters, headquartered in Philadelphia, operates in the retail sector, focusing on family clothing stores. With a market capitalization of $5.27 billion, the company currently trades near its InvestingPro Fair Value, while maintaining strong profitability metrics. Subscribers can access 8 additional ProTips and comprehensive financial analysis in the Pro Research Report.

In other recent news, Urban Outfitters Inc. reported a record fourth-quarter sales figure of $1.6 billion, marking a 9% year-over-year increase. The company’s earnings per share (EPS) reached $1.04, surpassing forecasts of $0.94, and contributing to a full-year revenue of $5.6 billion, an 8% increase from the prior year. Citi analyst Paul Lejuez raised Urban Outfitters’ price target to $65, maintaining a Buy rating, citing the company’s strong gross margin performance and potential earnings upside in fiscal year 2025. Meanwhile, Telsey Advisory Group adjusted its price target to $59, acknowledging the company’s improved sales and cost leverage, while maintaining a Market Perform rating.

UBS analyst Jay Sole maintained a Neutral rating with a $60 target, noting that despite Urban Outfitters’ positive fourth-quarter results, macroeconomic uncertainties remain a concern. The company’s recent earnings call highlighted plans to open 58 new stores and close 19 in fiscal 2026, aiming for mid-single-digit sales growth. Urban Outfitters’ brands, including Anthropologie and Free People, demonstrated strong performance, with Free People Movement and Nuuly identified as growth avenues. Despite challenges, Urban Outfitters’ strategic initiatives and operational improvements are contributing to its robust financial performance and investor confidence.

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