RH (NYSE:RH) Stock Price Down 4.5% - Time to Sell?

Shares of RH (NYSE:RH - Get Free Report) were down 4.5% on Monday . The company traded as low as $216.32 and last traded at $214.98. Approximately 260,240 shares were traded during trading, a decline of 66% from the average daily volume of 755,216 shares. The stock had previously closed at $225.06.

Analyst Upgrades and Downgrades

RH has been the subject of a number of analyst reports. Telsey Advisory Group raised RH from a "market perform" rating to an "outperform" rating and lifted their price objective for the stock from $485.00 to $500.00 in a research note on Thursday, December 19th. Guggenheim upped their target price on RH from $425.00 to $550.00 and gave the stock a "buy" rating in a report on Friday, December 13th. Robert W. Baird increased their price target on shares of RH from $300.00 to $400.00 and gave the company a "neutral" rating in a research note on Friday, December 13th. UBS Group reduced their target price on RH from $440.00 to $250.00 and set a "neutral" rating for the company in a research note on Friday. Finally, Wedbush restated an "outperform" rating and issued a $500.00 price target on shares of RH in a research note on Tuesday, February 18th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, RH has a consensus rating of "Moderate Buy" and an average price target of $412.44.

RH Price Performance

The company's fifty day moving average price is $357.19 and its 200 day moving average price is $350.97. The company has a market cap of $4.51 billion, a PE ratio of 69.61, a P/E/G ratio of 2.65 and a beta of 2.50.

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Insider Buying and Selling

In other news, insider Eri Chaya sold 25,000 shares of the stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $450.45, for a total transaction of $11,261,250.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Keith Belling sold 500 shares of the company's stock in a transaction on Monday, January 6th. The shares were sold at an average price of $417.85, for a total transaction of $208,925.00. Following the completion of the sale, the director now directly owns 4,970 shares of the company's stock, valued at $2,076,714.50. This trade represents a 9.14 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 66,380 shares of company stock valued at $28,922,379. Corporate insiders own 28.10% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. UMB Bank n.a. increased its stake in shares of RH by 125.8% during the fourth quarter. UMB Bank n.a. now owns 70 shares of the company's stock valued at $28,000 after buying an additional 39 shares during the period. Versant Capital Management Inc increased its position in RH by 7,000.0% during the 4th quarter. Versant Capital Management Inc now owns 71 shares of the company's stock valued at $28,000 after buying an additional 70 shares in the last quarter. GAMMA Investing LLC raised its position in shares of RH by 533.3% in the 4th quarter. GAMMA Investing LLC now owns 76 shares of the company's stock worth $30,000 after purchasing an additional 64 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in shares of RH by 690.0% in the fourth quarter. Sunbelt Securities Inc. now owns 79 shares of the company's stock worth $31,000 after buying an additional 69 shares in the last quarter. Finally, Rakuten Securities Inc. boosted its stake in RH by 180.0% during the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the company's stock valued at $44,000 after purchasing an additional 72 shares during the last quarter. Institutional investors own 90.17% of the company's stock.

RH Company Profile

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.