An Urban Outfitters Co-President Sold Over 11,000 Company Shares. Is the Stock a Buy or Sell?

Margaret Hayne sold 11,518 indirectly-held shares over two days for approximately $811,000, at an average price of about $70.42 per share. The transaction is a routine insider sale of modest size ($0.81M) and is unlikely to have meaningful market impact.

Analysis

Margaret Hayne sold 11,518 indirectly-held shares over two days for approximately $811,000, at an average price of about $70.42 per share. The transaction is a routine insider sale of modest size ($0.81M) and is unlikely to have meaningful market impact.