Soho House & Co Inc. (NYSE:SHCO) Stock Price Down 5.9% – Should You Sell?

Shares of Soho House & Co Inc. (NYSE:SHCO) fell 5.9% during trading on Wednesday . The stock traded as low as $5.58 and last traded at $5.52. 333,190 shares traded hands during mid-day trading, an increase of 18% from the average session volume of 282,420 shares. The stock had previously closed at $5.87.

Soho House & Co Inc. Price Performance

The firm has a market cap of $1.06 billion, a price-to-earnings ratio of -7.79 and a beta of 0.55. The stock has a 50-day moving average of $7.48 and a 200-day moving average of $6.19.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SHCO. KLP Kapitalforvaltning AS bought a new position in Soho House & Co Inc. during the fourth quarter valued at about $40,000. Barclays PLC raised its position in Soho House & Co Inc. by 1,255.3% in the 3rd 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 bought a new stake in Soho House & Co Inc. in the 4th quarter worth $59,000. FMR LLC raised its position in shares of Soho House & Co Inc. by 303.7% in the 3rd quarter. FMR LLC now owns 13,479 shares of the company’s stock worth $69,000 after acquiring an additional 10,140 shares in the last quarter. Finally, R Squared Ltd purchased a new stake in Soho House & Co Inc. in the fourth quarter worth about $82,000. Institutional investors and hedge funds 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.