Soho House & Co Inc. (NYSE:SHCO) Stock Price Down 5.1% – Here’s What Happened

Soho House & Co Inc. (NYSE:SHCO)’s stock price was down 5.1% during mid-day trading on Tuesday . The stock traded as low as $6.76 and last traded at $6.69. Approximately 110,725 shares were traded during trading, a decline of 78% from the average daily volume of 511,683 shares. The stock had previously closed at $7.05.

Soho House & Co Inc. Stock Up 1.7 %

The stock has a market cap of $1.30 billion, a P/E ratio of -9.58 and a beta of 0.55. The business has a 50 day moving average price of $7.23 and a 200 day moving average price of $6.22.

Institutional Trading of Soho House & Co Inc.

A number of large investors have recently made changes to their positions in the stock. KLP Kapitalforvaltning AS bought a new stake in Soho House & Co Inc. during the 4th quarter valued at about $40,000. Covestor Ltd purchased a new position in shares of Soho House & Co Inc. during the fourth quarter worth approximately $59,000. Barclays PLC raised its stake in shares of Soho House & Co Inc. by 1,255.3% during the third quarter. Barclays PLC now owns 8,132 shares of the company’s stock valued at $41,000 after acquiring an additional 7,532 shares in the last quarter. R Squared Ltd purchased a new stake in shares of Soho House & Co Inc. in the fourth quarter valued at approximately $82,000. Finally, FMR LLC grew its stake in Soho House & Co Inc. by 303.7% in the third quarter. FMR LLC now owns 13,479 shares of the company’s stock worth $69,000 after purchasing an additional 10,140 shares in the last quarter. 62.35% of the stock is owned by hedge funds and other institutional investors.

About Soho House & Co Inc.

Soho House & Co, Inc is a holding company, which offers global membership platform of physical and digital spaces. It operates through the following segments: UK, North America, Europe and Rest of the World, and All Other. The company was founded by Nicholas Keith Arthur Jones in 1995 and is headquartered in London, the United Kingdom.