Restoration Hardware Holdings, Inc (NYSE:RH) CAO Sells $310,000.00 in Stock
Restoration Hardware Holdings, Inc (NYSE:RH) CAO Glenda M. Citragno sold 2,000 shares of Restoration Hardware stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $155.00, for a total transaction of $310,000.00. Following the completion of the sale, the chief accounting officer now owns 2,650 shares of the company’s stock, valued at $410,750. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
RH traded up $2.17 during trading on Thursday, reaching $169.12. 2,547,079 shares of the company’s stock were exchanged, compared to its average volume of 1,062,581. Restoration Hardware Holdings, Inc has a 1 year low of $84.11 and a 1 year high of $173.20. The stock has a market capitalization of $3.10 billion, a P/E ratio of 19.80, a price-to-earnings-growth ratio of 1.30 and a beta of 1.77. The company’s fifty day simple moving average is $140.80 and its 200-day simple moving average is $121.31.
Restoration Hardware (NYSE:RH) last posted its quarterly earnings results on Tuesday, September 10th. The company reported $3.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.70 by $0.50. Restoration Hardware had a net margin of 6.22% and a negative return on equity of 979.13%. The company had revenue of $706.51 million during the quarter, compared to analyst estimates of $698.00 million. As a group, analysts predict that Restoration Hardware Holdings, Inc will post 9.43 earnings per share for the current fiscal year.
Institutional investors and hedge funds have recently bought and sold shares of the business. Tiverton Asset Management LLC purchased a new position in shares of Restoration Hardware during the 2nd quarter valued at approximately $56,000. Griffin Asset Management Inc. purchased a new position in shares of Restoration Hardware during the 2nd quarter valued at approximately $62,000. Finally, Mason Street Advisors LLC increased its holdings in shares of Restoration Hardware by 3.4% during the 1st quarter. Mason Street Advisors LLC now owns 5,996 shares of the company’s stock valued at $617,000 after purchasing an additional 198 shares in the last quarter.
Restoration Hardware Company Profile
RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, restorationhardware.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com.
Featured Story: Momentum Investing
Receive News & Ratings for Restoration Hardware Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restoration Hardware and related companies with MarketBeat.com's FREE daily email newsletter.