RH (RH) Insider Sells $1,561,800.00 in Stock

RH (NYSE:RH) insider Karen Boone sold 15,000 shares of the stock in a transaction dated Monday, May 21st. The stock was sold at an average price of $104.12, for a total transaction of $1,561,800.00. Following the sale, the insider now owns 28,211 shares of the company’s stock, valued at approximately $2,937,329.32. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Karen Boone also recently made the following trade(s):

  • On Friday, April 20th, Karen Boone sold 15,000 shares of RH stock. The stock was sold at an average price of $88.56, for a total transaction of $1,328,400.00.
  • On Thursday, March 29th, Karen Boone sold 25,000 shares of RH stock. The stock was sold at an average price of $95.54, for a total transaction of $2,388,500.00.

Shares of NYSE RH traded up $1.96 during mid-day trading on Monday, hitting $103.72. The company’s stock had a trading volume of 812,100 shares, compared to its average volume of 952,114. The firm has a market capitalization of $2.17 billion, a PE ratio of 34.01, a price-to-earnings-growth ratio of 0.79 and a beta of 1.72. The company has a current ratio of 1.24, a quick ratio of 0.23 and a debt-to-equity ratio of -148.64. RH has a one year low of $41.52 and a one year high of $109.53.

RH (NYSE:RH) last issued its earnings results on Tuesday, March 27th. The company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.13. The company had revenue of $670.00 million for the quarter, compared to analyst estimates of $672.39 million. RH had a net margin of 0.09% and a return on equity of 65.66%. The company’s revenue for the quarter was up 14.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.68 EPS. equities research analysts anticipate that RH will post 5.85 earnings per share for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the stock. Municipal Employees Retirement System of Michigan boosted its stake in RH by 7.2% during the 1st quarter. Municipal Employees Retirement System of Michigan now owns 7,580 shares of the company’s stock worth $722,000 after acquiring an additional 510 shares during the last quarter. Verition Fund Management LLC boosted its stake in RH by 16.2% during the 1st quarter. Verition Fund Management LLC now owns 3,926 shares of the company’s stock worth $374,000 after acquiring an additional 547 shares during the last quarter. Geode Capital Management LLC boosted its stake in RH by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 160,591 shares of the company’s stock worth $13,844,000 after acquiring an additional 591 shares during the last quarter. Comerica Bank boosted its stake in RH by 3.3% during the 1st quarter. Comerica Bank now owns 19,980 shares of the company’s stock worth $1,758,000 after acquiring an additional 631 shares during the last quarter. Finally, Rhumbline Advisers boosted its stake in RH by 1.5% during the 1st quarter. Rhumbline Advisers now owns 44,624 shares of the company’s stock worth $4,252,000 after acquiring an additional 673 shares during the last quarter.

A number of brokerages recently issued reports on RH. ValuEngine upgraded shares of RH from a “hold” rating to a “buy” rating in a research report on Friday, May 4th. Zacks Investment Research lowered shares of RH from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. Wolfe Research raised shares of RH from a “peer perform” rating to an “outperform” rating and set a $119.00 price objective on the stock in a report on Thursday, March 29th. Deutsche Bank decreased their price objective on shares of RH from $140.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, March 28th. Finally, Cowen reissued a “hold” rating and set a $95.00 price objective on shares of RH in a report on Thursday, April 12th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $87.55.

About RH

RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bath ware, décor, outdoor and garden, tableware, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, restorationhardware.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com.

Insider Buying and Selling by Quarter for RH (NYSE:RH)

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