RH (NYSE:RH) CEO Sells 7,693 Shares of Stock

RH (NYSE:RH) CEO Gary Friedman sold 7,693 shares of the stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $170.12, for a total value of $1,308,733.16. Following the completion of the transaction, the chief executive officer directly owned 3,274,575 shares in the company, valued at approximately $557,070,699. This trade represents a 0.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

RH Trading Down 0.6%

RH traded down $1.06 during trading on Wednesday, hitting $162.64. 1,036,636 shares of the stock were exchanged, compared to its average volume of 1,138,447. The company has a debt-to-equity ratio of 54.96, a quick ratio of 0.32 and a current ratio of 1.13. The firm has a 50 day simple moving average of $144.68 and a 200 day simple moving average of $162.36. The firm has a market cap of $3.07 billion, a price-to-earnings ratio of 31.40, a P/E/G ratio of 3.88 and a beta of 1.88. RH has a 1 year low of $106.30 and a 1 year high of $257.00.

RH (NYSE:RH) last issued its 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. RH had a return on equity of 423.79% and a net margin of 3.01%.The business had revenue of $800.33 million during the quarter, compared to analysts’ expectations of $792.55 million. During the same period in the prior year, the business earned $0.13 EPS. The business’s revenue for the quarter was down 1.7% compared to the same quarter last year. As a group, equities analysts expect that RH will post 4.27 EPS for the current year.

More RH News

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.

Hedge Funds Weigh In On RH

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. United Services Automobile Association bought a new position in RH in the first quarter worth about $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of RH by 6.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 38,622 shares of the company’s stock valued at $9,053,000 after buying an additional 2,244 shares during the last quarter. Prudential Financial Inc. boosted its holdings in shares of RH by 24.4% in the 2nd quarter. Prudential Financial Inc. now owns 1,593 shares of the company’s stock valued at $301,000 after buying an additional 312 shares in the last quarter. Federated Hermes Inc. boosted its holdings in shares of RH by 30.1% in the 2nd quarter. Federated Hermes Inc. now owns 1,137 shares of the company’s stock valued at $215,000 after buying an additional 263 shares in the last quarter. Finally, California Public Employees Retirement System grew its position in shares of RH by 9.5% in the 2nd quarter. California Public Employees Retirement System now owns 19,049 shares of the company’s stock worth $3,600,000 after buying an additional 1,650 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Citigroup increased their target price on shares of RH from $150.00 to $166.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. Guggenheim restated a “buy” rating and issued a $200.00 price target on shares of RH in a report on Friday, June 12th. TD Cowen reduced their price target on shares of RH from $265.00 to $200.00 and set a “buy” rating for the company in a report on Monday, March 30th. UBS Group lowered their price target on shares of RH from $160.00 to $155.00 and set a “neutral” rating for the company in a research report on Tuesday, June 9th. Finally, Barclays dropped their price objective on shares of RH from $283.00 to $202.00 and set an “overweight” rating on the stock in a research note on Thursday, April 2nd. Seven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $177.00.

RH Company Profile

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.