Soho House & Co Inc. (NYSE:SHCO) Shares Purchased by Thematics Asset Management

Thematics Asset Management boosted its position in Soho House & Co Inc. (NYSE:SHCO) by 4.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 496,210 shares of the company’s stock after purchasing an additional 22,055 shares during the period. Thematics Asset Management’s holdings in Soho House & Co Inc. were worth $2,531,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Walleye Trading LLC acquired a new stake in shares of Soho House & Co Inc. during the 1st quarter valued at approximately $79,000. Renaissance Technologies LLC lifted its position in shares of Soho House & Co Inc. by 9.0% during the 2nd quarter. Renaissance Technologies LLC now owns 114,702 shares of the company’s stock valued at $609,000 after acquiring an additional 9,502 shares during the period. Symmetry Investments LP lifted its position in shares of Soho House & Co Inc. by 93.0% during the 2nd quarter. Symmetry Investments LP now owns 19,300 shares of the company’s stock valued at $102,000 after acquiring an additional 9,300 shares during the period. GSA Capital Partners LLP lifted its position in shares of Soho House & Co Inc. by 5.2% during the 3rd quarter. GSA Capital Partners LLP now owns 194,025 shares of the company’s stock valued at $990,000 after acquiring an additional 9,524 shares during the period. Finally, Daiwa Securities Group Inc. lifted its position in shares of Soho House & Co Inc. by 13.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 17,200 shares of the company’s stock valued at $88,000 after acquiring an additional 2,100 shares during the period. Institutional investors and hedge funds own 62.35% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Roth Mkm reiterated a “buy” rating and set a $7.50 price target on shares of Soho House & Co Inc. in a research report on Monday, August 12th. Morgan Stanley reiterated an “equal weight” rating and set a $5.50 price target on shares of Soho House & Co Inc. in a research report on Tuesday, September 3rd.

Soho House & Co Inc. Stock Performance

Shares of Soho House & Co Inc. stock opened at $4.81 on Wednesday. Soho House & Co Inc. has a 1 year low of $4.35 and a 1 year high of $7.67. The business has a 50 day moving average price of $5.24 and a 200 day moving average price of $5.37.

Insiders Place Their Bets

In other Soho House & Co Inc. news, CFO Thomas Glassbrooke Allen sold 21,461 shares of Soho House & Co Inc. stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $5.74, for a total value of $123,186.14. Following the completion of the sale, the chief financial officer now directly owns 119,532 shares of the company’s stock, valued at approximately $686,113.68. The trade was a 15.22 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 74.20% of the stock is owned by corporate insiders.

Soho House & Co Inc. Profile

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.