Gary Friedman Sells 69,069 Shares of RH (NYSE:RH) Stock

RH (NYSE:RH) CEO Gary Friedman sold 69,069 shares of the business’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $169.48, for a total transaction of $11,705,814.12. Following the completion of the transaction, the chief executive officer owned 3,282,268 shares in the company, valued at $556,278,780.64. This represents a 2.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

RH Stock Performance

Shares of RH opened at $168.80 on Friday. The firm has a market cap of $3.19 billion, a price-to-earnings ratio of 32.59, a PEG ratio of 3.73 and a beta of 1.88. The company has a quick ratio of 0.32, a current ratio of 1.13 and a debt-to-equity ratio of 54.96. The business’s 50 day moving average is $145.91 and its two-hundred day moving average is $162.27. RH has a 52-week low of $106.30 and a 52-week high of $257.00.

RH (NYSE:RH) last released its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, topping analysts’ consensus estimates of ($2.12) by $0.15. RH had a net margin of 3.01% and a return on equity of 423.79%. The business had revenue of $800.33 million during the quarter, compared to the consensus estimate of $792.55 million. During the same quarter last year, the company earned $0.13 earnings per share. The business’s quarterly revenue was down 1.7% compared to the same quarter last year. Analysts forecast that RH will post 4.27 EPS for the current fiscal year.

Institutional Trading of RH

Several institutional investors and hedge funds have recently added to or reduced their stakes in RH. Integrated Financial Solutions Inc. lifted its position in shares of RH by 133.3% during the 4th quarter. Integrated Financial Solutions Inc. now owns 15,375 shares of the company’s stock valued at $2,754,000 after acquiring an additional 8,785 shares during the last quarter. M&T Bank Corp grew its holdings in shares of RH by 7,340.8% in the 4th quarter. M&T Bank Corp now owns 163,475 shares of the company’s stock worth $29,058,000 after acquiring an additional 161,278 shares during 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 worth $6,165,000 after purchasing an additional 14,247 shares during the period. Norges Bank acquired a new stake in shares of RH during the fourth quarter worth $28,092,000. Finally, JPMorgan Chase & Co. raised its position in shares of RH by 388.7% during the third quarter. JPMorgan Chase & Co. now owns 265,271 shares of the company’s stock worth $53,893,000 after purchasing an additional 210,991 shares during the period. 90.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

RH has been the subject of a number of research reports. Guggenheim restated a “buy” rating and issued a $200.00 target price on shares of RH in a research note on Friday, June 12th. TD Cowen cut their price target on RH from $265.00 to $200.00 and set a “buy” rating on the stock in a report on Monday, March 30th. Morgan Stanley restated an “overweight” rating and set a $240.00 price objective on shares of RH in a research report on Monday, May 11th. Telsey Advisory Group lowered their price objective on RH from $165.00 to $140.00 and set a “market perform” rating for the company in a research note on Wednesday, April 1st. Finally, Weiss Ratings lowered RH from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, April 29th. Seven analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, RH has an average rating of “Hold” and an average price target of $171.71.

Key RH News

Here are the key news stories impacting RH this week:

• Positive Sentiment: Wall Street sentiment improved after an analyst reportedly turned less bearish on RH, adding to recent buy/overweight coverage and supporting the stock. Article Title
• Positive Sentiment: RH also announced a Formula One design collaboration with Mercedes-AMG, which may help strengthen the brand and keep investors focused on growth and premium positioning. Article Title
• Neutral Sentiment: The company’s recent quarter beat expectations on earnings and revenue, but sales still declined year over year, leaving investors watching for a reacceleration in growth. Article Title
• Negative Sentiment: CEO Gary Friedman disclosed multiple July stock sales, including a large block sale, which is the main negative overhang and could limit upside. Article Title

RH Company Profile

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.