Insider Selling: Arhaus (NASDAQ:ARHS) Director Sells 3,500 Shares

Arhaus, Inc. (NASDAQ:ARHS) Director Alton Doody III sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $8.47, for a total transaction of $29,645.00. Following the completion of the transaction, the director directly owned 87,113 shares of the company’s stock, valued at approximately $737,847.11. This represents a 3.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Arhaus Trading Down 5.6%

ARHS stock traded down $0.47 during midday trading on Thursday, hitting $7.94. The stock had a trading volume of 1,307,482 shares, compared to its average volume of 1,329,036. The company’s 50-day moving average price is $8.51 and its 200 day moving average price is $7.61. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.33 and a quick ratio of 0.60. The firm has a market cap of $1.13 billion, a PE ratio of 15.88, a price-to-earnings-growth ratio of 2.68 and a beta of 2.30. Arhaus, Inc. has a 12-month low of $5.57 and a 12-month high of $12.08.

Arhaus (NASDAQ:ARHS) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.12. The business had revenue of $384.90 million for the quarter, compared to analysts’ expectations of $365.66 million. Arhaus had a return on equity of 17.23% and a net margin of 4.91%.The business’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.25 earnings per share. On average, equities research analysts predict that Arhaus, Inc. will post 0.54 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ARHS. Piper Sandler increased their price objective on shares of Arhaus from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Robert W. Baird set a $10.00 price target on shares of Arhaus in a report on Friday, August 7th. Morgan Stanley upped their price target on Arhaus from $9.00 to $10.00 and gave the stock an “equal weight” rating in a research note on Friday, August 7th. Craig Hallum raised Arhaus from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research note on Thursday, August 6th. 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. Four equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $10.12.

Hedge Funds Weigh In On Arhaus

A number of institutional investors have recently added to or reduced their stakes in ARHS. Larson Financial Group LLC grew its stake in shares of Arhaus by 89.8% during the third quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock valued at $30,000 after acquiring an additional 1,315 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Arhaus by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock valued at $265,000 after purchasing an additional 1,326 shares during the last quarter. Deutsche Bank AG grew its stake in Arhaus by 4.6% during the 4th quarter. Deutsche Bank AG now owns 39,447 shares of the company’s stock valued at $442,000 after purchasing an additional 1,725 shares in the last quarter. Entropy Technologies LP increased its holdings in Arhaus by 7.0% during the 1st quarter. Entropy Technologies LP now owns 31,451 shares of the company’s stock worth $213,000 after purchasing an additional 2,049 shares during the last quarter. Finally, Virtu Financial LLC raised its position in shares of Arhaus by 19.2% in the 3rd quarter. Virtu Financial LLC now owns 13,402 shares of the company’s stock valued at $142,000 after purchasing an additional 2,161 shares in the last quarter. Institutional investors and hedge funds own 27.88% of the company’s stock.

About Arhaus

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.