Copia Wealth Management Sells 109 Shares of RH $RH

Copia Wealth Management lessened its stake in shares of RH (NYSE:RH) by 39.8% during the second quarter, Holdings Channel.com reports. The firm owned 165 shares of the company’s stock after selling 109 shares during the period. Copia Wealth Management’s holdings in RH were worth $31,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AlphaQuest LLC bought a new position in shares of RH during the 1st quarter worth about $29,000. Farther Finance Advisors LLC boosted its position in shares of RH by 67.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 151 shares of the company’s stock worth $29,000 after purchasing an additional 61 shares in the last quarter. UMB Bank n.a. boosted its position in shares of RH by 53.8% during the 2nd quarter. UMB Bank n.a. now owns 180 shares of the company’s stock worth $34,000 after purchasing an additional 63 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of RH by 146.1% during the 1st quarter. GAMMA Investing LLC now owns 187 shares of the company’s stock worth $44,000 after purchasing an additional 111 shares in the last quarter. Finally, Parallel Advisors LLC boosted its position in shares of RH by 214.9% during the 2nd quarter. Parallel Advisors LLC now owns 233 shares of the company’s stock worth $44,000 after purchasing an additional 159 shares in the last quarter. Institutional investors own 90.17% of the company’s stock.

RH Price Performance

RH opened at $183.40 on Wednesday. RH has a fifty-two week low of $123.03 and a fifty-two week high of $457.26. The firm has a market capitalization of $3.44 billion, a PE ratio of 34.15, a P/E/G ratio of 0.86 and a beta of 2.23. The company’s 50-day moving average is $218.49 and its 200 day moving average is $200.65.

RH (NYSE:RH) last posted its quarterly earnings data on Thursday, September 11th. The company reported $2.93 EPS for the quarter, missing the consensus estimate of $3.22 by ($0.29). The firm had revenue of $899.15 million during the quarter, compared to analysts’ expectations of $906.58 million. RH had a net margin of 3.20% and a negative return on equity of 113.58%. The company’s quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter last year, the business posted $1.69 EPS. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, analysts expect that RH will post 4.39 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on RH shares. William Blair cut shares of RH from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 2nd. Guggenheim reissued a “buy” rating and set a $300.00 price objective on shares of RH in a research report on Friday, September 12th. Citigroup increased their price objective on shares of RH from $200.00 to $233.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Telsey Advisory Group lowered shares of RH from an “outperform” rating to a “hold” rating and set a $220.00 target price on the stock. in a report on Friday, September 12th. Finally, TD Cowen upped their target price on shares of RH from $235.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Ten investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $259.29.

Insider Buying and Selling

In other RH news, Director Mark S. Demilio sold 2,000 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $236.13, for a total value of $472,260.00. Following the completion of the sale, the director owned 24,616 shares in the company, valued at approximately $5,812,576.08. This trade represents a 7.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 27.00% of the company’s stock.

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.