RH (NYSE:RH) CEO Sells $11,705,814.12 in Stock

RH (NYSE:RHGet Free Report) CEO Gary Friedman sold 69,069 shares of RH stock in a transaction on Monday, July 6th. The stock was sold at an average price of $169.48, for a total transaction of $11,705,814.12. Following the sale, the chief executive officer directly owned 3,282,268 shares in the company, valued at approximately $556,278,780.64. This trade represents a 2.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

RH Price Performance

Shares of RH stock traded down $1.06 during trading hours on Wednesday, reaching $162.64. 1,036,636 shares of the company’s stock were exchanged, compared to its average volume of 1,138,447. RH has a 1 year low of $106.30 and a 1 year high of $257.00. The company has a market capitalization of $3.07 billion, a P/E ratio of 31.40, a price-to-earnings-growth ratio of 3.88 and a beta of 1.88. The business has a fifty day moving average of $144.68 and a two-hundred day moving average of $162.36. The company has a quick ratio of 0.32, a current ratio of 1.13 and a debt-to-equity ratio of 54.96.

RH (NYSE:RHGet Free Report) last posted its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, topping the consensus estimate of ($2.12) by $0.15. The firm had revenue of $800.33 million for the quarter, compared to the consensus estimate of $792.55 million. RH had a net margin of 3.01% and a return on equity of 423.79%. The company’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same period last year, the firm posted $0.13 earnings per share. As a group, research analysts predict that RH will post 4.27 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on RH shares. BNP Paribas Exane dropped their price target on RH from $130.00 to $96.00 and set a “strong sell” rating for the company in a research report on Wednesday, April 1st. Guggenheim reissued a “buy” rating and issued a $200.00 price objective on shares of RH in a report on Friday, June 12th. Weiss Ratings downgraded shares of RH from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, April 29th. Citigroup boosted their target price on shares of RH from $150.00 to $166.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Finally, Barclays cut their price target on shares of RH from $283.00 to $202.00 and set an “overweight” rating for the company in a report on Thursday, April 2nd. Seven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $177.00.

Get Our Latest Stock Analysis on RH

Key Headlines Impacting RH

Here are the key news stories impacting RH this week:

  • Positive Sentiment: RH announced a high-profile global design collaboration with Mercedes-AMG PETRONAS Formula One, which could help strengthen brand visibility and support the company’s luxury positioning. Article: RH Chairman & CEO Gary Friedman Reports the Sale of a Small Portion of His RH Common Stock Ownership Position
  • Positive Sentiment: A Wall Street analyst reportedly moved away from a bearish stance on RH, adding to the recent upgrade momentum and suggesting some improving sentiment on the stock. Article: This RH Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Wednesday
  • Neutral Sentiment: RH’s latest reported quarterly revenue was $800.3 million, down 1.7% year over year, which shows the business is still facing some top-line pressure even after a recent earnings beat.
  • Neutral Sentiment: Some institutional investors have been buying RH while others have reduced exposure, so hedge-fund positioning is mixed rather than clearly bullish or bearish.
  • Negative Sentiment: CEO share sales can weigh on investor sentiment, and RH insiders have been net sellers over the past six months, which may reinforce caution around the stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Integrated Financial Solutions Inc. boosted its position in shares of RH by 133.3% during the fourth quarter. Integrated Financial Solutions Inc. now owns 15,375 shares of the company’s stock worth $2,754,000 after buying an additional 8,785 shares during the period. M&T Bank Corp raised its holdings in shares of RH by 7,340.8% in the 4th quarter. M&T Bank Corp now owns 163,475 shares of the company’s stock valued at $29,058,000 after buying an additional 161,278 shares during the period. Evergreen Capital Management LLC lifted its stake in RH by 70.6% during the 4th quarter. Evergreen Capital Management LLC now owns 34,414 shares of the company’s stock worth $6,165,000 after acquiring an additional 14,247 shares in the last quarter. Norges Bank acquired a new position in RH during the 4th quarter worth about $28,092,000. Finally, JPMorgan Chase & Co. boosted its holdings in RH by 388.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 265,271 shares of the company’s stock valued at $53,893,000 after acquiring an additional 210,991 shares during the period. Hedge funds and other institutional investors own 90.17% of the company’s stock.

About RH

(Get Free Report)

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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Insider Buying and Selling by Quarter for RH (NYSE:RH)

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