RH (NYSE:RH) Insider Sells $268,038.00 in Stock

RH (NYSE:RH) insider Edward T. Lee sold 600 shares of the business’s stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $446.73, for a total value of $268,038.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

RH Price Performance

NYSE RH opened at $442.50 on Thursday. The company’s fifty day moving average is $392.05 and its two-hundred day moving average is $329.27. The firm has a market capitalization of $8.23 billion, a price-to-earnings ratio of 127.15, a P/E/G ratio of 10.41 and a beta of 2.43. RH has a 52-week low of $212.43 and a 52-week high of $457.26.

RH (NYSE:RH) last issued its quarterly earnings results on Thursday, December 12th. The company reported $2.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.67 by ($0.19). The firm had revenue of $811.73 million for the quarter, compared to the consensus estimate of $812.19 million. RH had a net margin of 2.25% and a negative return on equity of 35.72%. The company’s revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.42) earnings per share. As a group, sell-side analysts expect that RH will post 4.37 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Stifel Nicolaus lifted their target price on shares of RH from $420.00 to $500.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Barclays raised RH from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $383.00 to $515.00 in a research report on Wednesday, January 8th. Loop Capital increased their price objective on RH from $320.00 to $450.00 and gave the company a “hold” rating in a report on Monday, December 16th. Telsey Advisory Group upgraded RH from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $485.00 to $500.00 in a report on Thursday, December 19th. Finally, Robert W. Baird lifted their price target on shares of RH from $300.00 to $400.00 and gave the company a “neutral” rating in a research report on Friday, December 13th. Three analysts have rated the stock with a sell rating, three have given a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, RH currently has a consensus rating of “Hold” and an average price target of $421.73.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. UMB Bank n.a. boosted its stake in RH by 125.8% in the 4th quarter. UMB Bank n.a. now owns 70 shares of the company’s stock valued at $28,000 after buying an additional 39 shares in the last quarter. Versant Capital Management Inc boosted its stake in shares of 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 in the last quarter. GAMMA Investing LLC grew its holdings in shares of RH by 533.3% in the 4th quarter. GAMMA Investing LLC now owns 76 shares of the company’s stock worth $30,000 after purchasing an additional 64 shares during the last quarter. Blue Trust Inc. increased its position in shares of RH by 308.3% during the 3rd quarter. Blue Trust Inc. now owns 98 shares of the company’s stock worth $33,000 after purchasing an additional 74 shares in the last quarter. Finally, Centaurus Financial Inc. bought a new position in RH during the 3rd quarter valued at about $100,000. 90.17% of the stock is currently owned by institutional investors and hedge funds.

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.