Soho House & Co Inc. (NYSE:SHCO) Trading 13.8% Higher – Here’s What Happened

Soho House & Co Inc. (NYSE:SHCO)’s stock price was up 13.8% during trading on Friday . The stock traded as high as $5.68 and last traded at $5.91. Approximately 121,048 shares traded hands during trading, a decline of 58% from the average daily volume of 285,753 shares. The stock had previously closed at $5.19.

Soho House & Co Inc. Price Performance

The firm’s 50 day moving average is $7.37 and its 200 day moving average is $6.17. The firm has a market cap of $1.16 billion, a P/E ratio of -8.52 and a beta of 0.55.

Institutional Investors Weigh In On Soho House & Co Inc.

Several hedge funds have recently bought and sold shares of the business. Third Point LLC bought a new stake in Soho House & Co Inc. during the fourth quarter worth about $17,523,000. TIG Advisors LLC bought a new stake in Soho House & Co Inc. during the fourth quarter worth about $7,395,000. Thematics Asset Management boosted its stake in Soho House & Co Inc. by 4.7% during the third quarter. Thematics Asset Management now owns 496,210 shares of the company’s stock worth $2,531,000 after acquiring an additional 22,055 shares in the last quarter. GSA Capital Partners LLP boosted its stake in Soho House & Co Inc. by 5.2% during the third quarter. GSA Capital Partners LLP now owns 194,025 shares of the company’s stock worth $990,000 after acquiring an additional 9,524 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Soho House & Co Inc. by 53.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 145,416 shares of the company’s stock worth $1,083,000 after buying an additional 50,723 shares during the last quarter. 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.