Rh’s Chaya Eri sold $10.66 million in stock Via Investing.com

Chaya Eri, President and Chief Innovation and Marketing Officer of RH (NYSE: ), recently sold a large portion of the company’s stock. According to the latest SEC filing, Eri sold a total of 23,000 shares on January 14, 2025, with sales prices ranging from $425.35 to $429.20 per share. The transactions totaled $10.66 million. The sale comes as RH stock has shown incredible strength, posting a 66% gain over the past year, however. InvestingPro the analysis indicates that the stock is likely to trade above Fair Price with a very high P/E ratio of 113.5.

Prior to this sale, Eri exercised options to acquire 25,000 shares at a price of $39.42 per share, valued at $985,500. After these transactions, Eri does not own shares directly but has an indirect ownership of 23,643 through the Chaya-Smith Revocable Trust. These sales were made under a pre-planned 10b5-1 business plan. Since RH’s market capitalization is now 7.95 billion dollars and shows high price volatility, investors looking for in-depth information about the internal trading patterns and values ​​of k’ company can get the most comprehensive analysis. InvestingProwhich provides 12 more key facts about RH’s financial health and market condition.

In other recent news, Restoration Hardware has been the target of several investment firms. Morgan Stanley (NYSE: ) upgraded its outlook on the company, upgrading the stock rating from Equalweight to Overweight and increasing the price target to $530. This improvement was driven by expected growth factors, including new company collections, and improving macroeconomic conditions. Similarly, Telsey Advisory Group upgraded Restoration Hardware’s stock rating to Outperform, citing stronger-than-expected demand patterns and a positive sales outlook. The company also raised the price target to $500.

Stifel analysts, on the other hand, maintained a Buy rating on Restoration Hardware shares, expressing confidence in the company’s growth potential and the expected improvement in margins and cash flow. Loop Capital also changed its price target on the company’s shares to $450, maintaining a Hold rating.

These latest developments come after Restoration Hardware’s impressive performance, including a 13% increase in demand in the third quarter of 2024, and plans to open new stores in key European markets . The company has also introduced new products, which contribute to its market share. Analysts expect Restoration Hardware to achieve sales growth in the mid-teens by 2025 and expect operating margins to grow to about 15% in 2025, up from 11.6% in 2024.

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