Soho House & Co Inc. (NYSE:SHCO - Get Free Report) shot up 5.2% on Monday . The stock traded as high as $7.48 and last traded at $7.44. 139,980 shares changed hands during trading, a decline of 41% from the average session volume of 235,283 shares. The stock had previously closed at $7.07.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley reaffirmed an "equal weight" rating and issued a $5.50 price target on shares of Soho House & Co Inc. in a report on Tuesday, September 3rd.
View Our Latest Analysis on SHCO
Soho House & Co Inc. Stock Up 5.9 %
The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of -8.14 and a beta of 0.70. The company has a fifty day moving average price of $5.25 and a two-hundred day moving average price of $5.36.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC increased its stake in shares of Soho House & Co Inc. by 9.0% during the second quarter. Renaissance Technologies LLC now owns 114,702 shares of the company's stock worth $609,000 after acquiring an additional 9,502 shares during the period. Symmetry Investments LP raised its holdings in 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 purchasing an additional 9,300 shares during the last quarter. GSA Capital Partners LLP grew its holdings in Soho House & Co Inc. by 5.2% in the third quarter. GSA Capital Partners LLP now owns 194,025 shares of the company's stock valued at $990,000 after purchasing an additional 9,524 shares during the last quarter. Daiwa Securities Group Inc. increased its position in shares of 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 buying an additional 2,100 shares in the last quarter. Finally, FMR LLC increased its position in shares of Soho House & Co Inc. by 303.7% in the third quarter. FMR LLC now owns 13,479 shares of the company's stock valued at $69,000 after buying an additional 10,140 shares in the last quarter. 62.35% of the stock is currently owned by institutional investors and hedge funds.
Soho House & Co Inc. Company Profile
(
Get Free Report)
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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