Carlos Alberini Acquires 11,388 Shares of RH (NYSE:RH) Stock

RH (NYSE:RHGet Free Report) Director Carlos Alberini purchased 11,388 shares of the firm’s stock in a transaction on Monday, June 29th. The stock was acquired at an average price of $160.90 per share, for a total transaction of $1,832,329.20. Following the completion of the transaction, the director directly owned 32,190 shares of the company’s stock, valued at approximately $5,179,371. This trade represents a 54.74% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

RH Trading Up 2.9%

Shares of RH stock opened at $168.75 on Friday. RH has a 1 year low of $106.30 and a 1 year high of $257.00. The firm has a fifty day moving average price of $142.90 and a 200-day moving average price of $162.36. The company has a debt-to-equity ratio of 54.96, a current ratio of 1.13 and a quick ratio of 0.32. The company has a market cap of $3.19 billion, a price-to-earnings ratio of 32.58, a PEG ratio of 3.76 and a beta of 1.88.

RH (NYSE:RHGet Free Report) last posted its quarterly earnings data on Thursday, June 11th. The company reported ($1.97) 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 analyst estimates of $792.55 million. RH had a return on equity of 423.79% and a net margin of 3.01%.RH’s revenue was down 1.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.13 EPS. As a group, equities analysts predict that RH will post 4.27 earnings per share for the current year.

Hedge Funds Weigh In On RH

Several large investors have recently made changes to their positions in the business. Integrated Financial Solutions Inc. boosted its stake in RH by 133.3% in the 4th quarter. Integrated Financial Solutions Inc. now owns 15,375 shares of the company’s stock worth $2,754,000 after purchasing an additional 8,785 shares during the period. M&T Bank Corp grew its holdings in RH by 7,340.8% during the 4th quarter. M&T Bank Corp now owns 163,475 shares of the company’s stock valued at $29,058,000 after buying an additional 161,278 shares in the last quarter. Evergreen Capital Management LLC raised its position in shares of RH by 70.6% during the fourth quarter. Evergreen Capital Management LLC now owns 34,414 shares of the company’s stock valued at $6,165,000 after buying an additional 14,247 shares during the last quarter. Norges Bank bought a new stake in shares of RH during the fourth quarter valued at approximately $28,092,000. Finally, Dynamic Technology Lab Private Ltd lifted its holdings in shares of RH by 481.1% in the third quarter. Dynamic Technology Lab Private Ltd now owns 10,169 shares of the company’s stock worth $2,066,000 after buying an additional 8,419 shares in the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

  • Positive Sentiment: Director Carlos Alberini bought 11,388 RH shares for about $1.83 million, a sizable insider purchase that may suggest confidence in the company’s outlook. SEC filing
  • Neutral Sentiment: Analyst sentiment remains mixed, with brokerage coverage recently pointing to a consensus Hold rating, which suggests Wall Street is not yet broadly bullish on RH. Brokerage consensus article
  • Neutral Sentiment: RH’s latest earnings beat expectations on both profit and revenue, but sales still declined year over year, leaving investors focused on whether demand can reaccelerate. RH earnings and stock page

Wall Street Analysts Forecast Growth

RH has been the topic of a number of analyst reports. Barclays lowered their price objective on RH from $283.00 to $202.00 and set an “overweight” rating on the stock in a research report on Thursday, April 2nd. Wall Street Zen lowered shares of RH from a “hold” rating to a “sell” rating in a report on Saturday, April 4th. Morgan Stanley restated an “overweight” rating and set a $240.00 target price on shares of RH in a research note on Monday, May 11th. BNP Paribas Exane lowered their price target on shares of RH from $130.00 to $96.00 and set a “strong sell” rating on the stock in a report on Wednesday, April 1st. Finally, The Goldman Sachs Group dropped their price target on shares of RH from $101.00 to $88.00 and set a “sell” rating for the company in a research report on Tuesday, April 7th. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $172.53.

Check Out Our Latest Analysis on RH

About RH

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for RH (NYSE:RH)

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