Chaya Eri ni Rh sold $10.66 million worth of stock Via Investing.com



Chaya Eri, President and Chief Creative and Merchandising Officer of RH (NYSE: ), recently sold a large portion of the company’s stock. According to a recent SEC filing, Eri sold a total of 23,000 shares on January 14, 2025, with sale prices ranging from $425.35 to $429.20 per share. The transactions totaled approximately $10.66 million. The sale comes as RH stock has shown remarkable resilience, delivering a 66% return over the past year, however. InvestingPro The analysis shows that the stock may trade above its Fair Value with a high P/E ratio of 113.5.

Prior to these sales, Eri exercised options to acquire 25,000 shares at a price of $39.42 per share, worth $985,500. Following these transactions, Eri directly holds no shares but retains indirect ownership of 23,643 shares through the Chaya-Smith Revocable Trust. These sales are made under a pre-prepared 10b5-1 trading plan. With RH’s market capitalization currently at $7.95 billion and showing significant price volatility, investors seeking a deeper understanding of insider trading patterns and company valuations can access comprehensive analysis via InvestingProwhich offers 12 additional key insights about RH’s financial health and market position.

In other recent news, Restoration Hardware has become the focus of several financial companies. Morgan Stanley (NYSE: ) revised its view on the company, upgraded the stock rating from Equalweight to Overweight and raised the price target to $530. This upgrade is driven by expected growth factors, including new launches in the company’s collection, and improving macroeconomic conditions. Similarly, Telsey Advisory Group upgraded Restoration Hardware’s stock rating to Outperform, citing stronger-than-expected demand trends and an optimistic sales outlook. The company also raised its price target to $500.

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

These recent 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 the main European market. The company also introduced new products, which contributed to market share gains. Analysts expect Restoration Hardware to achieve sales growth in the mid-teens by 2025 and expect operating margin to expand to approximately 15% in 2025, up from 11.6% in 2024.

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