SBI Securities Co. Ltd. Sells 13,654 Shares of RH $RH

SBI Securities Co. Ltd. cut its position in RH (NYSE:RH) by 97.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 304 shares of the company’s stock after selling 13,654 shares during the quarter. SBI Securities Co. Ltd.’s holdings in RH were worth $50,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Senvest Management LLC raised its stake in shares of RH by 30.1% in the fourth quarter. Senvest Management LLC now owns 842,577 shares of the company’s stock valued at $150,948,000 after acquiring an additional 194,773 shares during the last quarter. Durable Capital Partners LP boosted its holdings in shares of RH by 125.1% in the 2nd quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock worth $122,119,000 after acquiring an additional 359,101 shares in the last quarter. Alliancebernstein L.P. grew its position in RH by 66.1% during the 3rd quarter. Alliancebernstein L.P. now owns 573,666 shares of the company’s stock worth $116,546,000 after acquiring an additional 228,229 shares during the last quarter. Two Sigma Investments LP grew its position in RH by 40.9% during the 3rd quarter. Two Sigma Investments LP now owns 359,093 shares of the company’s stock worth $72,953,000 after acquiring an additional 104,154 shares during the last quarter. Finally, Morgan Stanley increased its holdings in RH by 0.8% during the 4th quarter. Morgan Stanley now owns 353,996 shares of the company’s stock valued at $63,419,000 after purchasing an additional 2,658 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

RH Stock Down 0.4%

NYSE:RH opened at $179.62 on Friday. The company has a market cap of $3.39 billion, a price-to-earnings ratio of 34.68, a P/E/G ratio of 4.22 and a beta of 1.87. The company has a debt-to-equity ratio of 54.96, a quick ratio of 0.32 and a current ratio of 1.13. The stock’s fifty day moving average price is $167.48 and its two-hundred day moving average price is $157.70. RH has a 52-week low of $106.30 and a 52-week high of $257.00.

RH (NYSE:RH) last released its earnings results on Thursday, June 11th. The company reported ($1.97) EPS for the quarter, beating the consensus estimate of ($2.12) by $0.15. RH had a return on equity of 423.79% and a net margin of 3.01%.The company had revenue of $800.33 million during the quarter, compared to analysts’ expectations of $792.55 million. During the same period last year, the firm earned $0.13 EPS. The business’s revenue for the quarter was down 1.7% on a year-over-year basis. On average, analysts anticipate that RH will post 4.27 EPS for the current year.

Insider Buying and Selling

In other news, CEO Gary G. Friedman sold 48,238 shares of the firm’s stock in a transaction dated 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 transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Carlos Alberini purchased 11,388 shares of the stock in a transaction dated Monday, June 29th. The shares were acquired at an average price of $160.90 per share, with a total value of $1,832,329.20. Following the transaction, the director owned 32,190 shares in the company, valued at $5,179,371. This trade represents a 54.74% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold a total of 132,749 shares of company stock worth $21,856,812 over the last three months. 26.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on RH shares. TD Cowen reiterated a “buy” rating on shares of RH in a research report on Monday. Guggenheim restated a “buy” rating and issued a $200.00 target price on shares of RH in a research note on Friday, June 12th. The Goldman Sachs Group raised RH from a “sell” rating to a “neutral” rating and lifted their price target for the company from $86.00 to $155.00 in a report on Wednesday, July 8th. Stifel Nicolaus upped their price target on shares of RH from $110.00 to $130.00 and gave the stock a “hold” rating in a research report on Friday, June 12th. Finally, Citigroup increased their price objective on shares of RH from $150.00 to $166.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. Seven investment 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. Based on data from MarketBeat, RH has a consensus rating of “Hold” and an average target price of $174.29.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: Wells Fargo reportedly expects strong appreciation for RH stock, providing a potentially supportive analyst outlook and counterbalancing near-term bearish sentiment. Wells Fargo & Company Forecasts Strong Price Appreciation for RH Stock
• Neutral Sentiment: RH’s latest quarterly results modestly exceeded expectations, with revenue of $800.3 million versus the $792.6 million consensus and a loss of $1.97 per share versus the expected $2.12 loss. However, revenue declined 1.7% year over year, leaving investors focused on whether the company can return to sustained growth.
• Negative Sentiment: RH was identified among the market’s most-shorted stocks. Heavy short positioning highlights concerns about the luxury home-furnishings retailer’s valuation, demand trends and execution, while also increasing the risk of continued volatility and pressure from bearish traders. Short Sellers Attack Ondas, Avis Budget, RH: Here Are the 10 Most Shorted Stocks

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.