Soho House & Co Inc. (NYSE:SHCO) Shares Gap Up – What’s Next?

Soho House & Co Inc. (NYSE:SHCO) gapped up prior to trading on Wednesday . The stock had previously closed at $6.67, but opened at $7.02. Soho House & Co Inc. shares last traded at $6.85, with a volume of 72,181 shares traded.

Soho House & Co Inc. Stock Down 3.5 %

The company’s 50 day moving average price is $7.30 and its two-hundred day moving average price is $6.19. The stock has a market cap of $1.36 billion, a P/E ratio of -10.03 and a beta of 0.55.

Institutional Trading of Soho House & Co Inc.

Institutional investors and hedge funds have recently modified their holdings of the stock. 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. JPMorgan Chase & Co. raised its stake in shares of Soho House & Co Inc. by 831.3% during the third quarter. JPMorgan Chase & Co. now owns 65,376 shares of the company’s stock valued at $333,000 after acquiring an additional 58,356 shares in the last quarter. FMR LLC raised its stake in shares of Soho House & Co Inc. by 303.7% during the third quarter. FMR LLC now owns 13,479 shares of the company’s stock valued at $69,000 after acquiring an additional 10,140 shares in the last quarter. Jane Street Group LLC raised its stake in shares of Soho House & Co Inc. by 28.1% during the third quarter. Jane Street Group LLC now owns 23,972 shares of the company’s stock valued at $122,000 after acquiring an additional 5,255 shares in the last quarter. Finally, Daiwa Securities Group Inc. raised its stake in shares of Soho House & Co Inc. by 13.9% during the third 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 in 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.