A Director at RH (RH) is Selling Shares


Yesterday, a Director at RH (NYSE: RH), Ali Rowghani, sold shares of RH for $392.2K.

This is Rowghani’s first transaction since reporting a Sell transaction on TWTR back in July 2014

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Based on RH’s latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $641 million and quarterly net profit of $64.04 million. In comparison, last year the company earned revenue of $615 million and had a GAAP net loss of $7.86 million. RH’s market cap is $2.91B and the company has a P/E ratio of 32.63. Currently, RH has an average volume of 1.89M.

Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $146.80, reflecting a 12.2% upside.

The insider sentiment on RH has been negative according to 32 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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RH is a holding company which operates the business through its subsidiary Restoration Hardware, Inc. It offers furniture, lighting, textiles, bathware, decor, outdoor and garden, as well as baby and child products. The company operates an integrated business with multiple channels of distribution including galleries, source books and websites.

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