Restoration Hardware Holdings Inc. (NYSE:RH) insider Karen Boone sold 22,000 shares of Restoration Hardware stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $99.60, for a total transaction of $2,191,200.00. Following the completion of the transaction, the insider now directly owns 25,430 shares in the company, valued at $2,532,828. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Restoration Hardware Holdings Inc. (RH) opened at $99.63 on Monday. The firm has a market cap of $2,120.00, a PE ratio of 41.17, a PEG ratio of 0.99 and a beta of 1.70. The company has a debt-to-equity ratio of -48.40, a current ratio of 1.47 and a quick ratio of 0.28. Restoration Hardware Holdings Inc. has a 1 year low of $24.41 and a 1 year high of $109.53.
Restoration Hardware (NYSE:RH) last released its earnings results on Tuesday, December 5th. The company reported $1.04 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.04. The firm had revenue of $592.50 million for the quarter, compared to the consensus estimate of $592.46 million. Restoration Hardware had a net margin of 0.45% and a return on equity of 20.04%. The company’s revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.20 EPS. research analysts anticipate that Restoration Hardware Holdings Inc. will post 2.92 earnings per share for the current fiscal year.
Large investors have recently added to or reduced their stakes in the company. Flinton Capital Management LLC grew its position in shares of Restoration Hardware by 41.4% in the 2nd quarter. Flinton Capital Management LLC now owns 1,584 shares of the company’s stock worth $102,000 after buying an additional 464 shares during the period. Public Employees Retirement System of Ohio grew its position in shares of Restoration Hardware by 12.6% in the 1st quarter. Public Employees Retirement System of Ohio now owns 2,286 shares of the company’s stock worth $106,000 after buying an additional 255 shares during the period. Riverhead Capital Management LLC grew its position in shares of Restoration Hardware by 58.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,898 shares of the company’s stock worth $122,000 after buying an additional 698 shares during the period. Finally, Cornerstone Capital Management Holdings LLC. purchased a new stake in shares of Restoration Hardware in the 3rd quarter worth about $274,000. 95.71% of the stock is currently owned by hedge funds and other institutional investors.
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About Restoration Hardware
RH, formerly Restoration Hardware Holdings, Inc, is a retailer in the home furnishings marketplace. As of January 28, 2017, the Company had two segments: RH Segment and Waterworks. It offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings.
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