776,017 Shares in Soho House & Co Inc. $SHCO Bought by New York Life Investment Management LLC

New York Life Investment Management LLC bought a new stake in Soho House & Co Inc. (NYSE:SHCO) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 776,017 shares of the company’s stock, valued at approximately $6,868,000. New York Life Investment Management LLC owned 0.40% of Soho House & Co Inc. at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Savant Capital LLC raised its position in shares of Soho House & Co Inc. by 6.8% during the third quarter. Savant Capital LLC now owns 20,885 shares of the company’s stock worth $185,000 after purchasing an additional 1,326 shares during the period. Osaic Holdings Inc. increased its stake in Soho House & Co Inc. by 37.4% during the 2nd quarter. Osaic Holdings Inc. now owns 7,867 shares of the company’s stock worth $58,000 after purchasing an additional 2,143 shares in the last quarter. AlphaQuest LLC raised its holdings in Soho House & Co Inc. by 65.8% during the 3rd quarter. AlphaQuest LLC now owns 7,126 shares of the company’s stock worth $63,000 after buying an additional 2,827 shares during the period. PDT Partners LLC lifted its stake in Soho House & Co Inc. by 7.2% in the second quarter. PDT Partners LLC now owns 44,600 shares of the company’s stock valued at $328,000 after buying an additional 2,993 shares in the last quarter. Finally, CWM LLC lifted its stake in Soho House & Co Inc. by 2,507.0% in the second quarter. CWM LLC now owns 4,093 shares of the company’s stock valued at $30,000 after buying an additional 3,936 shares in the last quarter. 62.35% of the stock is currently owned by institutional investors.

Insider Activity at Soho House & Co Inc.

In other Soho House & Co Inc. news, Director Gjorgi Popstefanov bought 11,111,111 shares of Soho House & Co Inc. stock in a transaction that occurred on Thursday, January 29th. The stock was acquired at an average price of $9.00 per share, for a total transaction of $99,999,999.00. Following the completion of the acquisition, the director owned 11,111,111 shares of the company’s stock, valued at $99,999,999. This trade represents a ? increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 74.70% of the stock is currently owned by corporate insiders.

Soho House & Co Inc. Stock Down 0.1%

NYSE:SHCO opened at $9.00 on Wednesday. Soho House & Co Inc. has a twelve month low of $4.77 and a twelve month high of $9.00. The business has a 50 day moving average price of $8.83 and a two-hundred day moving average price of $8.64. The company has a market cap of $1.76 billion, a P/E ratio of -22.49 and a beta of 0.69.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Soho House & Co Inc. in a report on Wednesday, January 21st. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Soho House & Co Inc. currently has an average rating of “Reduce” and an average price target of $9.00.

Soho House & Co Inc. Company Profile

Soho House & Co Inc is a global hospitality and membership company that operates a network of private clubs, hotels, restaurants, workspaces and leisure facilities aimed primarily at creative professionals. Its core offering revolves around exclusive, members-only “Houses” that combine social spaces, dining venues, screening rooms, spas and event programming under one roof. The company’s diversified portfolio extends to branded hotels and short-stay locations, as well as co-working facilities under the Soho Works banner.

The company was founded in 1995 by Nick Jones in London, with the inaugural House offering serving emerging artists, filmmakers and designers.