RH (NYSE:RH) Insider Eri Chaya Sells 25,000 Shares

RH (NYSE:RH) insider Eri Chaya sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $426.41, for a total transaction of $10,660,250.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Eri Chaya also recently made the following trade(s):

• On Monday, January 6th, Eri Chaya sold 10,000 shares of RH stock. The shares were sold at an average price of $416.27, for a total transaction of $4,162,700.00.

RH Trading Up 2.8 %

NYSE RH traded up $11.67 during trading on Wednesday, hitting $427.71. 635,819 shares of the company traded hands, compared to its average volume of 525,444. RH has a 12 month low of $212.43 and a 12 month high of $457.26. The business has a fifty day simple moving average of $383.07 and a 200 day simple moving average of $322.97. The company has a market capitalization of $7.96 billion, a P/E ratio of 122.91, a PEG ratio of 2.73 and a beta of 2.43.

RH (NYSE:RH) last issued its quarterly earnings data 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 period in the previous year, the business posted ($0.42) earnings per share. The firm’s revenue was up 8.1% on a year-over-year basis. Equities research analysts predict that RH will post 5.63 EPS for the current fiscal year.

Analysts Set New Price Targets

RH has been the topic of a number of research analyst reports. StockNews.com downgraded RH from a “hold” rating to a “sell” rating in a report on Saturday, December 21st. Stifel Nicolaus lifted their target price on RH from $420.00 to $500.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Wells Fargo & Company increased their price target on shares of RH from $425.00 to $500.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Loop Capital boosted their price objective on shares of RH from $320.00 to $450.00 and gave the company a “hold” rating in a research report on Monday, December 16th. Finally, Barclays upgraded shares of RH from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $383.00 to $515.00 in a research report on Wednesday, January 8th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, RH currently has an average rating of “Hold” and a consensus price target of $421.73.

Institutional Trading of RH

A number of institutional investors and hedge funds have recently modified their holdings of the company. Nisa Investment Advisors LLC raised its holdings in RH by 4.9% in the 3rd quarter. Nisa Investment Advisors LLC now owns 747 shares of the company’s stock worth $250,000 after acquiring an additional 35 shares during the period. Pacer Advisors Inc. grew its position in shares of RH by 1.7% in the second quarter. Pacer Advisors Inc. now owns 2,340 shares of the company’s stock valued at $572,000 after purchasing an additional 40 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of RH by 4.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 1,212 shares of the company’s stock worth $296,000 after purchasing an additional 47 shares during the period. State of Alaska Department of Revenue lifted its position in shares of RH by 3.6% during the 3rd quarter. State of Alaska Department of Revenue now owns 1,733 shares of the company’s stock worth $579,000 after purchasing an additional 60 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in RH by 533.3% during the 4th quarter. GAMMA Investing LLC now owns 76 shares of the company’s stock valued at $30,000 after purchasing an additional 64 shares during the period. 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.