Soho House & Co Inc. (NYSE:SHCO - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 187,684 shares traded hands during trading, a decline of 21% from the previous session's volume of 237,572 shares.The stock last traded at $7.00 and had previously closed at $7.17.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley reiterated an "equal weight" rating and set a $5.50 target price on shares of Soho House & Co Inc. in a research note on Tuesday, September 3rd.
Check Out Our Latest Stock Analysis on Soho House & Co Inc.
Soho House & Co Inc. Price Performance
The company's 50 day simple moving average is $5.41 and its 200 day simple moving average is $5.41. The company has a market capitalization of $1.46 billion, a PE ratio of -8.12 and a beta of 0.70.
Institutional Trading of Soho House & Co Inc.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Barclays PLC lifted its stake in Soho House & Co Inc. by 1,255.3% in the third quarter. Barclays PLC now owns 8,132 shares of the company's stock valued at $41,000 after buying an additional 7,532 shares during the last quarter. FMR LLC grew its position in Soho House & Co Inc. by 303.7% during the 3rd quarter. FMR LLC now owns 13,479 shares of the company's stock worth $69,000 after purchasing an additional 10,140 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in Soho House & Co Inc. by 13.9% in the third quarter. Daiwa Securities Group Inc. now owns 17,200 shares of the company's stock valued at $88,000 after purchasing an additional 2,100 shares during the period. Wolverine Trading LLC purchased a new stake in shares of Soho House & Co Inc. in the third quarter valued at about $97,000. Finally, Symmetry Investments LP boosted its stake in shares of Soho House & Co Inc. by 93.0% during 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. 62.35% of the stock is owned by hedge funds and other institutional investors.
Soho House & Co Inc. Company Profile
(
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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.
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