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

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

RH Stock Up 0.8 %

Shares of RH stock opened at $407.20 on Friday. The company’s fifty day simple moving average is $375.68 and its 200-day simple moving average is $317.00. RH has a 12 month low of $212.43 and a 12 month high of $457.26. The firm has a market cap of $7.58 billion, a PE ratio of 117.01, a P/E/G ratio of 2.73 and a beta of 2.43.

RH (NYSE:RH) last posted its quarterly 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). RH had a net margin of 2.25% and a negative return on equity of 32.76%. The company had revenue of $811.73 million during the quarter, compared to the consensus estimate of $812.19 million. During the same quarter in the prior year, the business earned ($0.42) earnings per share. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. On average, equities analysts predict that RH will post 5.63 earnings per share for the current fiscal year.

Hedge Funds Weigh In On RH

A number of institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its stake in RH by 533.3% in the fourth quarter. GAMMA Investing LLC now owns 76 shares of the company’s stock valued at $30,000 after acquiring an additional 64 shares during the last quarter. Versant Capital Management Inc lifted its stake in RH by 7,000.0% in the 4th quarter. Versant Capital Management Inc now owns 71 shares of the company’s stock valued at $28,000 after purchasing an additional 70 shares during the last quarter. Inspire Trust Co. N.A. grew its holdings in RH by 8.6% during the third quarter. Inspire Trust Co. N.A. now owns 5,065 shares of the company’s stock worth $1,694,000 after purchasing an additional 400 shares during the period. Blankinship & Foster LLC acquired a new position in RH during the third quarter worth approximately $846,000. Finally, Sanctuary Advisors LLC raised its stake in RH by 55.6% in the third quarter. Sanctuary Advisors LLC now owns 3,755 shares of the company’s stock valued at $1,382,000 after buying an additional 1,341 shares during the period. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on RH. StockNews.com lowered shares of RH from a “hold” rating to a “sell” rating in a report on Saturday, December 21st. BNP Paribas reiterated an “underperform” rating and set a $253.00 target price on shares of RH in a report on Wednesday, November 13th. TD Cowen boosted their target price on RH from $325.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, September 13th. Citigroup raised their price target on RH from $340.00 to $355.00 and gave the stock a “buy” rating in a research report on Friday, September 13th. Finally, Wedbush reiterated an “outperform” rating and issued a $500.00 price objective on shares of RH in a research report on Monday. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, RH presently has a consensus rating of “Hold” and an average target price of $415.40.

About RH

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.