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Restoration Hardware Holdings (NYSE:RH) Director Carlos Alberini unloaded 40,000 shares of Restoration Hardware Holdings stock on the open market in a transaction dated Friday, August 1st. The stock was sold at an average price of $82.34, for a total value of $3,293,600.00. Following the completion of the transaction, the director now directly owns 581,441 shares of the company’s stock, valued at approximately $47,875,852. The transaction was disclosed in a filing with the SEC, which is available at this link.

RH has been the subject of a number of recent research reports. Analysts at BB&T Corp. downgraded shares of Restoration Hardware Holdings from a “buy” rating to a “hold” rating in a research note on Monday, July 21st. They noted that the move was a valuation call. Separately, analysts at Nomura initiated coverage on shares of Restoration Hardware Holdings in a research note on Wednesday, July 16th. They set a “buy” rating and a $100.00 price target on the stock. Finally, analysts at Wells Fargo & Co. initiated coverage on shares of Restoration Hardware Holdings in a research note on Tuesday, July 1st. They set a “market perform” rating on the stock. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $89.99.

Restoration Hardware Holdings (NYSE:RH) traded up 0.43% during mid-day trading on Friday, hitting $82.14. 768,416 shares of the company’s stock traded hands. Restoration Hardware Holdings has a 1-year low of $54.61 and a 1-year high of $94.50. The stock has a 50-day moving average of $86.56 and a 200-day moving average of $69.49. The company has a market cap of $3.234 billion and a P/E ratio of 168.29.

Restoration Hardware Holdings (NYSE:RH) last posted its quarterly earnings results on Wednesday, June 11th. The company reported $0.18 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.11 by $0.07. The company had revenue of $366.30 million for the quarter, compared to the consensus estimate of $348.49 million. During the same quarter last year, the company posted $0.06 earnings per share. Restoration Hardware Holdings’s revenue was up 21.6% compared to the same quarter last year. On average, analysts predict that Restoration Hardware Holdings will post $2.31 earnings per share for the current fiscal year.

Restoration Hardware Holdings, Inc (NYSE:RH) is a holding company.

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