Arhaus (NASDAQ:ARHS) CAO Christian Sedor Sells 4,450 Shares of Company Stock

Arhaus, Inc. (NASDAQ:ARHS) CAO Christian Sedor sold 4,450 shares of the firm’s stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $15.08, for a total transaction of $67,106.00. Following the sale, the chief accounting officer owned 5,669 shares of the company’s stock, valued at approximately $85,488.52. This represents a 43.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Arhaus Price Performance

Shares of ARHS opened at $14.89 on Wednesday. The company has a current ratio of 1.30, a quick ratio of 0.64 and a debt-to-equity ratio of 0.12. The firm has a fifty day simple moving average of $10.15 and a two-hundred day simple moving average of $8.46. The firm has a market cap of $2.11 billion, a PE ratio of 32.65, a P/E/G ratio of 4.34 and a beta of 2.24. Arhaus, Inc. has a 1-year low of $5.57 and a 1-year high of $15.17.

Arhaus (NASDAQ:ARHS) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). Arhaus had a net margin of 4.52% and a return on equity of 15.89%. The company had revenue of $368.12 million for the quarter, compared to the consensus estimate of $370.56 million. During the same quarter last year, the firm posted $0.09 earnings per share. The company’s revenue was up 6.8% compared to the same quarter last year. On average, equities analysts anticipate that Arhaus, Inc. will post 0.53 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Telsey Advisory Group boosted their price objective on shares of Arhaus from $12.00 to $14.00 and gave the company a “market perform” rating in a research report on Friday, November 6th. Craig Hallum upgraded Arhaus from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a report on Thursday, August 6th. Robert W. Baird set a $10.00 target price on Arhaus in a research note on Friday, August 7th. Morgan Stanley raised their price target on shares of Arhaus from $9.00 to $10.00 and gave the stock an “equal weight” rating in a research note on Friday, August 7th. Finally, Weiss Ratings raised shares of Arhaus from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 17th. Six equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $12.56.

Institutional Trading of Arhaus

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Voya Investment Management LLC boosted its position in Arhaus by 18,381.0% during the third quarter. Voya Investment Management LLC now owns 2,044,363 shares of the company’s stock worth $19,360,000 after purchasing an additional 2,033,301 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in Arhaus by 42.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 86,529 shares of the company’s stock valued at $819,000 after buying an additional 25,625 shares in the last quarter. King Luther Capital Management Corp raised its stake in Arhaus by 0.3% during the third quarter. King Luther Capital Management Corp now owns 314,539 shares of the company’s stock worth $2,979,000 after purchasing an additional 929 shares during the period. GAMMA Investing LLC lifted its holdings in Arhaus by 85.0% in the third quarter. GAMMA Investing LLC now owns 2,611 shares of the company’s stock valued at $25,000 after acquiring an additional 1,200 shares during the last quarter. Finally, Engineers Gate Manager LP grew its holdings in shares of Arhaus by 54.4% during the 2nd quarter. Engineers Gate Manager LP now owns 213,976 shares of the company’s stock worth $1,802,000 after purchasing an additional 75,371 shares during the period. Institutional investors and hedge funds own 27.88% of the company’s stock.

Key Arhaus News

Here are the key news stories impacting Arhaus this week:

• Positive Sentiment: Guggenheim raised its price target to $17 from $12 and reiterated a Buy rating, implying further upside from the cited $14.89 price. Guggenheim price target update
• Positive Sentiment: TD Cowen raised its target to $16 from $11 and maintained a Buy rating, also signaling potential upside. TD Cowen price target update
• Neutral Sentiment: A short-interest report lists zero shares sold short and a zero-day short-interest ratio, offering no indication of meaningful short positioning. Arhaus short-interest data
• Neutral Sentiment: Zacks described ARHS as a strong value stock based on its style-rating framework; the item did not provide new company fundamentals. Zacks value-stock analysis
• Negative Sentiment: CAO Christian Sedor sold 4,450 shares for about $67,106, reducing his direct holdings by 43.98%. The sale may weigh on sentiment, though he retained 5,669 shares. SEC insider transaction filing
• Negative Sentiment: Telsey Advisory Group lifted its target to $14 from $12 but kept a Market Perform rating; its new target is below the cited $14.89 price. Telsey price target update

Arhaus Company Profile

Arhaus, Inc. is a U.S.-based home furnishings retailer that designs, sources and sells furniture and décor for residential spaces. Its product range includes indoor and outdoor furniture, rugs, lighting, textiles and accessories. Founded in 1986, the company offers its products through retail stores and an e-commerce platform. Arhaus serves customers across the United States. The company is headquartered in Boston Heights, Ohio, and emphasizes distinctive designs, craftsmanship and the use of materials sourced from around the world.