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

RH (NYSE:RH) CEO Gary Friedman sold 69,069 shares of RH stock in a transaction on Monday, July 6th. The shares were sold at an average price of $169.48, for a total transaction of $11,705,814.12. Following the completion of the sale, the chief executive officer directly owned 3,282,268 shares of the company’s stock, valued at approximately $556,278,780.64. The trade was a 2.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

RH Stock Performance

Shares of RH stock opened at $162.64 on Thursday. The company has a current ratio of 1.13, a quick ratio of 0.32 and a debt-to-equity ratio of 54.96. The firm has a fifty day simple moving average of $145.20 and a two-hundred day simple moving average of $162.29. RH has a 12 month low of $106.30 and a 12 month high of $257.00. The firm has a market capitalization of $3.07 billion, a PE ratio of 31.40, a price-to-earnings-growth ratio of 3.76 and a beta of 1.88.

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

Key RH News

Here are the key news stories impacting RH this week:

• Positive Sentiment: Wall Street sentiment got a boost after an analyst reportedly turned less bearish on RH, adding to recent coverage that has included buy/overweight ratings and a median price target around the current trading range. Article Title
• Positive Sentiment: RH also continues to benefit from brand-building headlines, including a new global design collaboration with Mercedes-AMG Petronas Formula One, which could support customer interest and premium brand perception. Article Title
• Neutral Sentiment: Recent Q1 commentary was mixed but generally solid: RH beat earnings and revenue expectations, though revenue still declined year over year. That leaves investors focused on whether growth can reaccelerate. Article Title
• Negative Sentiment: CEO Gary Friedman’s multiple July sales, including a large block sale, are the clearest bearish overhang and may be weighing on RH shares today. Article Title

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Harvest Fund Management Co. Ltd purchased a new stake in shares of RH during the 3rd quarter worth approximately $30,000. Wilmington Savings Fund Society FSB lifted its stake in RH by 200.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock valued at $31,000 after purchasing an additional 116 shares during the last quarter. Advisory Services Network LLC purchased a new position in RH in the third quarter valued at approximately $31,000. Modus Advisors LLC bought a new position in RH during the fourth quarter valued at $34,000. Finally, Geneos Wealth Management Inc. bought a new position in RH during the first quarter valued at $42,000. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on RH. KeyCorp reiterated a “sector weight” rating on shares of RH in a report on Friday, June 12th. UBS Group cut their price target on shares of RH from $160.00 to $155.00 and set a “neutral” rating on the stock in a report on Tuesday, June 9th. Telsey Advisory Group reduced their price objective on shares of RH from $165.00 to $140.00 and set a “market perform” rating for the company in a research report on Wednesday, April 1st. Stifel Nicolaus increased their price objective on shares of RH from $110.00 to $130.00 and gave the company a “hold” rating in a research note on Friday, June 12th. Finally, Wells Fargo & Company lifted their target price on shares of RH from $160.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, June 12th. Seven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, RH presently has a consensus rating of “Hold” and an average price target of $171.71.

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.