Urban Outfitters director Harry Cherken sells $2.6m in stock

PHILADELPHIA—Harry S. Cherken, Jr., a director at Urban Outfitters Inc. (NASDAQ:URBN), recently executed a series of stock transactions involving the company’s common shares. According to a recent SEC filing, Cherken sold a total of 35,000 shares on May 27, 2025, generating approximately $2.6 million. The shares were sold at prices ranging from $73.50 to $75.01, near the company’s 52-week high of $75.80. The timing is notable as Urban Outfitters has delivered an impressive 81% return over the past year, according to InvestingPro data.

In addition to the sales, Cherken exercised stock options to acquire 20,000 common shares at a price of $46.42 per share. Following these transactions, Cherken’s direct ownership in Urban Outfitters stands at 480,296 shares, while an additional 4,400 shares are held indirectly by trust. The company, currently valued at $6.5 billion, maintains a healthy P/E ratio of 15 and boasts a perfect Piotroski Score of 9, indicating strong financial health.

These transactions offer insight into the director’s current investment strategy and involvement with the company. Urban Outfitters, known for its eclectic retail offerings, continues to be a significant player in the fashion industry. According to InvestingPro’s comprehensive analysis, the company currently trades at Fair Value, with 14 additional exclusive insights available to subscribers through their detailed Pro Research Report.

In other recent news, Urban Outfitters Inc. disclosed its first-quarter earnings for the period ending April 30, 2025, though specific financial figures were not detailed in the SEC filing. Analysts have reacted to the company’s performance with several firms adjusting their price targets. BMO Capital Markets increased its price target to $76, citing strong momentum and a broad-based beat in first-quarter results, while Morgan Stanley (NYSE:MS) raised its target to $77, highlighting Urban Outfitters as a leader in revenue growth and operating margin expansion. BofA Securities also lifted its price target to $80, noting the company’s impressive earnings per share of $1.12, which surpassed estimates, and strong sales across its brands. In contrast, Jefferies raised its target to $50 but maintained an Underperform rating, expressing concerns about the North American market despite positive global sales. Urban Outfitters’ recent financial outcomes have led to increased confidence among some analysts, with expectations of continued growth and profitability.

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