Soho House & Co Inc. (NYSE:SHCO) Shares Down 6% – Should You Sell?

Soho House & Co Inc. (NYSE:SHCO)’s stock price traded down 6% during trading on Monday . The stock traded as low as $6.55 and last traded at $6.62. 641,229 shares changed hands during mid-day trading, an increase of 23% from the average session volume of 522,781 shares. The stock had previously closed at $7.04.

Soho House & Co Inc. Stock Performance

The company has a market capitalization of $1.28 billion, a P/E ratio of -9.45 and a beta of 0.53. The stock has a fifty day moving average of $7.61 and a 200 day moving average of $6.17.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. KLP Kapitalforvaltning AS purchased a new stake in Soho House & Co Inc. in the 4th quarter worth approximately $40,000. Barclays PLC boosted its position in shares of Soho House & Co Inc. by 1,255.3% in the third quarter. Barclays PLC now owns 8,132 shares of the company’s stock worth $41,000 after purchasing an additional 7,532 shares during the period. Covestor Ltd purchased a new stake in shares of Soho House & Co Inc. in the fourth quarter worth $59,000. FMR LLC increased its stake 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 worth $69,000 after purchasing an additional 10,140 shares in the last quarter. Finally, R Squared Ltd bought a new stake in shares of Soho House & Co Inc. during the 4th quarter valued at $82,000. Institutional investors own 62.35% of the company’s stock.

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.