RH (NYSE:RH) Insider Sells $4,162,700.00 in Stock

by · The Markets Daily

RH (NYSE:RH – Get Free Report) insider Eri Chaya sold 10,000 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $416.27, for a total value of $4,162,700.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

RH Trading Up 0.8 %

Shares of RH stock opened at $407.20 on Friday. The firm’s 50 day moving average is $375.68 and its 200 day moving average is $317.00. The firm has a market capitalization of $7.58 billion, a PE ratio of 117.01, a price-to-earnings-growth ratio of 2.73 and a beta of 2.43. RH has a 1 year low of $212.43 and a 1 year high of $457.26.

RH (NYSE:RH – Get Free Report) last posted its earnings results on Thursday, December 12th. The company reported $2.48 earnings per share for the quarter, missing analysts’ consensus estimates of $2.67 by ($0.19). The company had revenue of $811.73 million for the quarter, compared to the consensus estimate of $812.19 million. RH had a negative return on equity of 32.76% and a net margin of 2.25%. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.42) EPS. As a group, research analysts anticipate that RH will post 5.63 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on RH shares. Robert W. Baird raised their target price on shares of RH from $300.00 to $400.00 and gave the stock a “neutral” rating in a report on Friday, December 13th. Morgan Stanley raised their price objective on RH from $310.00 to $435.00 and gave the stock an “equal weight” rating in a research note on Friday, December 13th. BNP Paribas reiterated an “underperform” rating and set a $253.00 target price on shares of RH in a research report on Wednesday, November 13th. Stifel Nicolaus raised their price target on RH from $420.00 to $500.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Finally, StockNews.com cut shares of RH from a “hold” rating to a “sell” rating in a research report on Saturday, December 21st. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $415.40.

View Our Latest Research Report on RH

Institutional Investors Weigh In On RH

Hedge funds and other institutional investors have recently bought and sold shares of the company. Anomaly Capital Management LP boosted its stake in shares of RH by 503.6% during the second quarter. Anomaly Capital Management LP now owns 349,227 shares of the company’s stock valued at $85,365,000 after purchasing an additional 291,368 shares in the last quarter. Two Sigma Advisers LP raised its holdings in RH by 141.5% in the 3rd quarter. Two Sigma Advisers LP now owns 159,600 shares of the company’s stock valued at $53,375,000 after buying an additional 93,500 shares during the last quarter. Marshall Wace LLP boosted its position in RH by 58.6% during the 2nd quarter. Marshall Wace LLP now owns 174,324 shares of the company’s stock worth $42,612,000 after buying an additional 64,423 shares during the period. Victory Capital Management Inc. grew its holdings in RH by 77.0% during the 2nd quarter. Victory Capital Management Inc. now owns 128,711 shares of the company’s stock worth $31,462,000 after acquiring an additional 55,999 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in RH by 18.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 270,993 shares of the company’s stock valued at $66,239,000 after acquiring an additional 41,242 shares during the period. Institutional investors own 90.17% of the company’s stock.

RH Company Profile

(Get Free Report)

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.

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