RH (NYSE:RH) Director Mark Demilio Sells 2,445 Shares of Stock

RH (NYSE:RH) Director Mark Demilio sold 2,445 shares of the firm’s stock in a transaction on Friday, July 10th. The stock was sold at an average price of $168.44, for a total transaction of $411,835.80. Following the completion of the sale, the director owned 25,680 shares of the company’s stock, valued at $4,325,539.20. This trade represents a 8.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

RH Stock Down 2.1%

Shares of NYSE:RH opened at $161.95 on Tuesday. RH has a fifty-two week low of $106.30 and a fifty-two week high of $257.00. The company has a quick ratio of 0.32, a current ratio of 1.13 and a debt-to-equity ratio of 54.96. The firm’s 50-day simple moving average is $147.16 and its 200-day simple moving average is $162.03. The company has a market cap of $3.06 billion, a price-to-earnings ratio of 31.26, a PEG ratio of 3.79 and a beta of 1.88.

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

Wall Street Analyst Weigh In

RH has been the subject of a number of analyst reports. Citigroup increased their target price on RH from $150.00 to $166.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. Stifel Nicolaus upped their price objective on RH from $110.00 to $130.00 and gave the stock a “hold” rating in a report on Friday, June 12th. Zacks Research raised RH from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 16th. TD Cowen cut their price objective on RH from $265.00 to $200.00 and set a “buy” rating for the company in a research report on Monday, March 30th. Finally, KeyCorp reissued a “sector weight” rating on shares of RH in a report on Friday, June 12th. Seven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $171.71.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in RH. Durable Capital Partners LP boosted its stake in shares of RH by 125.1% during the 2nd quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock worth $122,119,000 after acquiring an additional 359,101 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in shares of RH by 1,797.7% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 246,355 shares of the company’s stock worth $44,134,000 after acquiring an additional 233,373 shares during the period. Alliancebernstein L.P. increased its stake in RH by 66.1% in the 3rd quarter. Alliancebernstein L.P. now owns 573,666 shares of the company’s stock valued at $116,546,000 after purchasing an additional 228,229 shares in the last quarter. JPMorgan Chase & Co. increased its stake in RH by 388.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 265,271 shares of the company’s stock valued at $53,893,000 after purchasing an additional 210,991 shares in the last quarter. Finally, Alyeska Investment Group L.P. raised its holdings in RH by 200.5% during the third quarter. Alyeska Investment Group L.P. now owns 297,694 shares of the company’s stock worth $60,480,000 after purchasing an additional 198,615 shares during the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

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.