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Restoration Hardware Holdings (NYSE:RH) Director Carlos Alberini sold 40,000 shares of the stock on the open market in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $87.64, for a total transaction of $3,505,600.00. Following the completion of the sale, the director now directly owns 501,441 shares of the company’s stock, valued at approximately $43,946,289. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Restoration Hardware Holdings (NYSE:RH) traded down 0.81% on Wednesday, hitting $87.67. 755,067 shares of the company’s stock traded hands. Restoration Hardware Holdings has a one year low of $54.61 and a one year high of $94.50. The stock has a 50-day moving average of $84.88 and a 200-day moving average of $73.04. The company has a market cap of $3.452 billion and a price-to-earnings ratio of 181.87.

Restoration Hardware Holdings (NYSE:RH) last released its earnings data 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.

Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Restoration Hardware Holdings from an “outperform” rating to a “neutral” rating in a research note on Tuesday, August 12th. They now have a $96.50 price target on the stock. Separately, analysts at Avondale Partners initiated coverage on shares of Restoration Hardware Holdings in a research note on Wednesday, August 6th. They set an “outperform” rating and a $96.00 price target on the stock. Finally, 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. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $92.81.

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

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