RH (NYSE:RH) CEO Gary Friedman Sells 7,693 Shares of Stock

RH (NYSE:RH) CEO Gary Friedman sold 7,693 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $170.12, for a total value of $1,308,733.16. Following the completion of the transaction, the chief executive officer directly owned 3,274,575 shares in the company, valued at $557,070,699. This trade represents a 0.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

RH Trading Down 0.6%

RH stock opened at $162.64 on Thursday. RH has a 12 month low of $106.30 and a 12 month high of $257.00. The firm’s 50-day moving average is $145.20 and its 200 day moving average is $162.29. The company has a market capitalization of $3.07 billion, a PE ratio of 31.40, a P/E/G ratio of 3.76 and a beta of 1.88. The company has a debt-to-equity ratio of 54.96, a current ratio of 1.13 and a quick ratio of 0.32.

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

Analysts Set New Price Targets

Several equities analysts have issued reports on RH shares. Zacks Research upgraded RH from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Stifel Nicolaus boosted their price target on RH from $110.00 to $130.00 and gave the stock a “hold” rating in a research note on Friday, June 12th. Weiss Ratings cut shares of RH from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, April 29th. UBS Group lowered their price target on RH from $160.00 to $155.00 and set a “neutral” rating for the company in a research report on Tuesday, June 9th. Finally, Telsey Advisory Group dropped their target price on RH from $165.00 to $140.00 and set a “market perform” rating on the stock in a research report on Wednesday, April 1st. Seven analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $171.71.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Harvest Fund Management Co. Ltd purchased a new position in RH during the third quarter valued at $30,000. Wilmington Savings Fund Society FSB raised 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 valued at $31,000 after purchasing an additional 116 shares during the last quarter. Advisory Services Network LLC acquired a new stake in RH during the 3rd quarter worth $31,000. Modus Advisors LLC purchased a new stake in shares of RH during the fourth quarter worth $34,000. Finally, Geneos Wealth Management Inc. acquired a new stake in shares of RH in the first quarter valued at about $42,000. 90.17% of the stock is owned by institutional investors and hedge funds.

RH Company Profile

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.