Insider Buying: RH (NYSE:RH) Director Acquires $1,832,329.20 in Stock

RH (NYSE:RHGet Free Report) Director Carlos Alberini acquired 11,388 shares of the company’s stock in a transaction dated Monday, June 29th. The stock was acquired at an average cost of $160.90 per share, with a total value of $1,832,329.20. Following the transaction, the director directly owned 32,190 shares of the company’s stock, valued at approximately $5,179,371. This represents a 54.74% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

RH Stock Down 0.3%

Shares of NYSE:RH traded down $0.53 during midday trading on Wednesday, hitting $164.20. 599,366 shares of the company’s stock traded hands, compared to its average volume of 1,048,215. The firm’s fifty day moving average price is $142.30 and its two-hundred day moving average price is $162.32. The company has a debt-to-equity ratio of 54.96, a quick ratio of 0.32 and a current ratio of 1.13. RH has a twelve month low of $106.30 and a twelve month high of $257.00. The company has a market cap of $3.10 billion, a PE ratio of 31.70, a P/E/G ratio of 3.78 and a beta of 1.87.

RH (NYSE:RHGet Free Report) last announced its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.12) by $0.15. RH had a return on equity of 423.79% and a net margin of 3.01%.The firm had revenue of $800.33 million during the quarter, compared to the consensus estimate of $792.55 million. During the same period in the prior year, the firm earned $0.13 EPS. The firm’s quarterly revenue was down 1.7% compared to the same quarter last year. On average, equities research analysts anticipate that RH will post 4.27 EPS for the current fiscal year.

Institutional Investors Weigh In On RH

Hedge funds have recently bought and sold shares of the business. Clearstead Advisors LLC increased its holdings in RH by 713.3% during the 3rd quarter. Clearstead Advisors LLC now owns 122 shares of the company’s stock worth $25,000 after purchasing an additional 107 shares during the last quarter. Huntington National Bank boosted its holdings in shares of RH by 87.8% during the third quarter. Huntington National Bank now owns 139 shares of the company’s stock valued at $28,000 after acquiring an additional 65 shares during the period. Harvest Fund Management Co. Ltd acquired a new position in shares of RH during the third quarter valued at $30,000. Wilmington Savings Fund Society FSB grew its position in shares of RH by 200.0% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock worth $31,000 after acquiring an additional 116 shares during the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of RH during the third quarter worth about $31,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Weiss Ratings lowered RH from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, April 29th. Robert W. Baird lifted their price objective on shares of RH from $125.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, June 12th. KeyCorp reissued a “sector weight” rating on shares of RH in a research report on Friday, June 12th. Wells Fargo & Company upped their target price on shares of RH from $160.00 to $175.00 and gave the company an “overweight” rating in a research note on Friday, June 12th. Finally, Stifel Nicolaus raised their price target on shares of RH from $110.00 to $130.00 and gave the company a “hold” rating in a report on Friday, June 12th. Seven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $172.53.

Get Our Latest Report on RH

About RH

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RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.

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