Maridea Wealth Management LLC Purchases New Shares in RH $RH

Maridea Wealth Management LLC purchased a new position in shares of RH (NYSE:RH) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 9,066 shares of the company’s stock, valued at approximately $1,268,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Integrated Financial Solutions Inc. boosted its stake in shares of RH by 133.3% in the 4th quarter. Integrated Financial Solutions Inc. now owns 15,375 shares of the company’s stock worth $2,754,000 after buying an additional 8,785 shares during the last quarter. M&T Bank Corp increased its position in shares of RH by 7,340.8% during the fourth quarter. M&T Bank Corp now owns 163,475 shares of the company’s stock valued at $29,058,000 after acquiring an additional 161,278 shares during the last quarter. Evergreen Capital Management LLC increased its position in shares of RH by 70.6% during the fourth quarter. Evergreen Capital Management LLC now owns 34,414 shares of the company’s stock valued at $6,165,000 after acquiring an additional 14,247 shares during the last quarter. Norges Bank bought a new stake in RH during the fourth quarter worth $28,092,000. Finally, Dynamic Technology Lab Private Ltd lifted its holdings in RH by 481.1% during the third quarter. Dynamic Technology Lab Private Ltd now owns 10,169 shares of the company’s stock worth $2,066,000 after acquiring an additional 8,419 shares during the period. 90.17% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Mark S. Demilio sold 3,102 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $144.00, for a total value of $446,688.00. Following the sale, the director directly owned 25,830 shares in the company, valued at approximately $3,719,520. The trade was a 10.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Eri Chaya sold 11,000 shares of the business’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $137.92, for a total value of $1,517,120.00. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 16,304 shares of company stock worth $2,294,108 in the last ninety days. Insiders own 26.90% of the company’s stock.

RH Price Performance

RH stock opened at $159.54 on Friday. RH has a 12 month low of $106.30 and a 12 month 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. The business’s 50 day simple moving average is $140.74 and its 200 day simple moving average is $162.12. The company has a market cap of $3.02 billion, a price-to-earnings ratio of 30.80, a PEG ratio of 3.27 and a beta of 1.91.

RH (NYSE:RH) last announced its quarterly earnings data 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 return on equity of 423.79% and a net margin of 3.01%.The business had revenue of $800.33 million during the quarter, compared to analyst estimates of $792.55 million. During the same period in the prior year, the company earned $0.13 earnings per share. RH’s revenue was down 1.7% compared to the same quarter last year. Sell-side analysts forecast that RH will post 4.79 EPS for the current year.

Wall Street Analyst Weigh In

RH has been the subject of a number of recent analyst reports. Weiss Ratings downgraded RH from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, April 29th. Stifel Nicolaus lifted their target price on RH from $110.00 to $130.00 and gave the stock a “hold” rating in a research note on Friday, June 12th. The Goldman Sachs Group lowered their target price on RH from $101.00 to $88.00 and set a “sell” rating on the stock in a research note on Tuesday, April 7th. Guggenheim reissued a “buy” rating and issued a $200.00 price target on shares of RH in a report on Friday, June 12th. Finally, Telsey Advisory Group reduced their price target on shares of RH from $165.00 to $140.00 and set a “market perform” rating for the company in a research report on Wednesday, April 1st. Seven research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $172.53.

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.