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

RH (NYSE:RH) insider Eri Chaya sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $450.45, for a total transaction of $11,261,250.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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

• On Tuesday, January 14th, Eri Chaya sold 25,000 shares of RH stock. The shares were sold at an average price of $426.41, for a total transaction of $10,660,250.00.
• 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 value of $4,162,700.00.

RH Stock Down 2.6 %

Shares of NYSE RH opened at $442.50 on Thursday. The stock’s 50 day moving average price is $392.05 and its two-hundred day moving average price is $329.27. RH has a 52-week low of $212.43 and a 52-week high of $457.26. The stock has a market capitalization of $8.23 billion, a P/E ratio of 127.15, a PEG ratio of 10.41 and a beta of 2.43.

RH (NYSE:RH) last posted its quarterly earnings results on Thursday, December 12th. The company reported $2.48 EPS for the quarter, missing the consensus estimate of $2.67 by ($0.19). RH had a net margin of 2.25% and a negative return on equity of 35.72%. The business had revenue of $811.73 million during the quarter, compared to analyst estimates of $812.19 million. During the same period last year, the firm posted ($0.42) earnings per share. The company’s quarterly revenue was up 8.1% on a year-over-year basis. On average, analysts anticipate that RH will post 4.37 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. UMB Bank n.a. lifted its stake in RH by 125.8% in the fourth quarter. UMB Bank n.a. now owns 70 shares of the company’s stock valued at $28,000 after buying an additional 39 shares during the last quarter. Versant Capital Management Inc increased its holdings 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 worth $28,000 after acquiring an additional 70 shares during the period. GAMMA Investing LLC lifted its position in RH by 533.3% in 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 last quarter. Blue Trust Inc. boosted its stake in RH by 308.3% during the 3rd quarter. Blue Trust Inc. now owns 98 shares of the company’s stock valued at $33,000 after purchasing an additional 74 shares during the period. Finally, Centaurus Financial Inc. bought a new position in RH in the 3rd quarter worth about $100,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on RH shares. Guggenheim upped their target price on RH from $425.00 to $550.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. BNP Paribas restated an “underperform” rating and issued a $253.00 price target on shares of RH in a report on Wednesday, November 13th. Morgan Stanley upgraded shares of RH from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $435.00 to $530.00 in a research note on Monday, January 13th. Telsey Advisory Group upgraded shares of RH from a “market perform” rating to an “outperform” rating and upped their target price for the company from $485.00 to $500.00 in a research note on Thursday, December 19th. Finally, Stifel Nicolaus lifted their price target on shares of RH from $420.00 to $500.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $421.73.

RH Company Profile

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.