Stocks making the biggest moves after hours: Urban Outfitters, KB Home, Repay Holdings & more

Check out the companies making headlines in after hours trading.

Urban Outfitters — Shares of the retailer slid more than 11% after Urban Outfitters said net sales for the two months ended Dec. 31 fell 8.4% year over year. The company also announced that CEO Trish Donnelly will depart at the end of the month.

KB Home — Shares of the homebuilder gained more than 2% after the company's fourth quarter results topped expectations. KB Home earned $1.12 per share during the period on revenue of $1.19 billion. Analysts were expecting the company to earn 93 cents per share on $1.14 billion in revenue, according to estimates compiled by Refinitiv.

Repay Holdings — Shares of the financial technology company declined more than 5% after Repay announced a new share offering. The company said it was looking to raise $130 million through the new stock offering.

Ally Financial — Shares of the financial services company gained more than 3% after the company announced a $1.6 billion share repurchase program. The company will begin buying back stock during the current quarter.

Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world.