RH (NYSE:RH) CEO Gary Friedman Sells 48,238 Shares

RH (NYSE:RH) CEO Gary Friedman sold 48,238 shares of the business’s stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $158.66, for a total value of $7,653,441.08. Following the completion of the sale, the chief executive officer owned 3,226,337 shares of the company’s stock, valued at approximately $511,890,628.42. This trade represents a 1.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

RH Stock Performance

NYSE RH opened at $162.64 on Thursday. The firm’s 50 day simple moving average is $145.20 and its 200 day simple moving average is $162.29. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of 31.40, a P/E/G ratio of 3.76 and a beta of 1.88. RH has a 1 year low of $106.30 and a 1 year high of $257.00. The company has a current ratio of 1.13, a quick ratio of 0.32 and a debt-to-equity ratio of 54.96.

RH (NYSE:RH) last announced its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share (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 company had revenue of $800.33 million for the quarter, compared to analyst estimates of $792.55 million. During the same period in the previous year, the firm posted $0.13 EPS. The firm’s revenue was down 1.7% on a year-over-year basis. As a group, research analysts expect that RH will post 4.27 earnings per share for the current fiscal year.

Key Stories Impacting RH

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

Wall Street Analysts Forecast Growth

RH has been the subject of a number of research reports. Zacks Research upgraded shares of RH from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 16th. Citigroup upped their price target on RH from $150.00 to $166.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. TD Cowen reduced their price objective on shares of RH from $265.00 to $200.00 and set a “buy” rating for the company in a research report on Monday, March 30th. Barclays decreased their target price on RH from $283.00 to $202.00 and set an “overweight” rating for the company in a research report on Thursday, April 2nd. Finally, Telsey Advisory Group lowered their price target on shares of RH from $165.00 to $140.00 and set a “market perform” rating on the stock in a report on Wednesday, April 1st. Seven analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $171.71.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Harvest Fund Management Co. Ltd bought a new position in shares of RH in the third quarter worth $30,000. Wilmington Savings Fund Society FSB increased its stake in RH by 200.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock worth $31,000 after acquiring an additional 116 shares during the last quarter. Advisory Services Network LLC purchased a new stake in shares of RH in the 3rd quarter valued at about $31,000. Modus Advisors LLC bought a new stake in shares of RH during the 4th quarter valued at about $34,000. Finally, Geneos Wealth Management Inc. purchased a new position in shares of RH during the first quarter worth about $42,000. 90.17% of the stock is owned by institutional investors.

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.