Mark Demilio Sells 3,102 Shares of RH (NYSE:RH) Stock

RH (NYSE:RH) Director Mark Demilio sold 3,102 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $144.00, for a total transaction of $446,688.00. Following the completion of the transaction, the director owned 25,830 shares in the company, valued at approximately $3,719,520. This represents a 10.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

RH Stock Down 0.0%

RH stock opened at $148.07 on Friday. The company has a 50 day moving average of $138.16 and a two-hundred day moving average of $162.38. The company has a market cap of $2.80 billion, a price-to-earnings ratio of 28.58, a PEG ratio of 3.03 and a beta of 1.91. RH has a 12-month low of $106.30 and a 12-month high of $257.00. The company has a quick ratio of 0.32, a current ratio of 1.13 and a debt-to-equity ratio of 54.96.

RH (NYSE:RH) last posted its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $792.55 million. During the same period in the previous year, the company posted $0.13 EPS. RH’s revenue was down 1.7% on a year-over-year basis. On average, equities analysts anticipate that RH will post 4.79 earnings per share for the current fiscal year.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: RH was upgraded by Zacks Research from “strong sell” to “hold”, signaling that sentiment is improving slightly after the recent selloff. RH upgraded by Zacks Research from strong sell to hold
• Positive Sentiment: The company’s latest quarter beat expectations on both earnings and revenue, which helped revive the turnaround narrative for the luxury home-furnishings retailer.
• Neutral Sentiment: Analyst price targets remain mixed, with recent updates ranging from bearish to bullish, leaving the overall Street view at a cautious “hold.”
• Negative Sentiment: Director Mark S. Demilio sold 2,202 shares, adding to a pattern of insider selling that may weigh on investor confidence. RH insider sale SEC filing
• Negative Sentiment: RH’s revenue was still down 1.7% year over year, showing that demand remains soft despite the earnings beat and raised outlook.

Institutional Trading of RH

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Integrated Financial Solutions Inc. increased its holdings 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 worth $2,754,000 after purchasing an additional 8,785 shares during the period. M&T Bank Corp grew its position in RH by 7,340.8% during the fourth quarter. M&T Bank Corp now owns 163,475 shares of the company’s stock worth $29,058,000 after buying an additional 161,278 shares in the last quarter. Evergreen Capital Management LLC increased its stake in 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 acquiring an additional 14,247 shares during the period. Dynamic Technology Lab Private Ltd increased its stake in RH by 481.1% during the third quarter. Dynamic Technology Lab Private Ltd now owns 10,169 shares of the company’s stock valued at $2,066,000 after acquiring an additional 8,419 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in RH by 388.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 265,271 shares of the company’s stock valued at $53,893,000 after acquiring an additional 210,991 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Wall Street Analysts Forecast Growth

RH has been the subject of several research reports. Guggenheim reiterated a “buy” rating and set a $200.00 price target on shares of RH in a report on Friday, June 12th. Morgan Stanley restated an “overweight” rating and issued a $240.00 price objective on shares of RH in a report on Monday, May 11th. Wells Fargo & Company raised their price objective on shares of RH from $160.00 to $175.00 and gave the company an “overweight” rating in a research report on Friday, June 12th. Citigroup boosted their target price on shares of RH from $150.00 to $166.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, BNP Paribas Exane dropped their price target on shares of RH from $130.00 to $96.00 and set a “strong sell” rating on the stock in a research note on Wednesday, April 1st. Seven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $172.53.

About RH

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.