RH’s recently made public that its CHAIRMAN & CEO FRIEDMAN GARY G acquired Company’s shares for reported $2.65 million on Jun 26 ’24. In the deal valued at $219.23 per share,12,074 shares were bought. As a result of this transaction, FRIEDMAN GARY G now holds 3,351,337 shares worth roughly $799.86 million.
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Then, FRIEDMAN GARY G bought 34,200 shares, generating $7,353,041 in total proceeds. Upon buying the shares at $215.00, the CHAIRMAN & CEO now owns 3,339,263 shares.
Before that, Chaya Eri sold 100,000 shares. RH shares valued at $27,991,922 were divested by the insider at a price of $279.92 per share. As a result of the transaction, Chaya Eri now holds 0 shares, worth roughly $0.0.
Telsey Advisory Group reiterated its RH [RH] rating to a Market perform in a research note published on June 06, 2024; the price target was $320. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late March has reiterated a ‘”a Market perform”‘ rating for it. Telsey Advisory Group also remained covering RH and reiterated its “Market perform” recommendation on December 08, 2023. Telsey Advisory Group maintained its rating on December 05, 2023. It rated RH as “a Market perform”.
Price Performance Review of RH
On Monday, RH [NYSE:RH] saw its stock fall -2.36% to $238.67. Over the last five days, the stock has gained 6.89%. RH shares have fallen nearly -18.12% since the year began. Nevertheless, the stocks have fallen -25.93% over the past one year. While a 52-week high of $406.38 was reached on 03/28/24, a 52-week low of $207.26 was recorded on 06/25/24. SMA at 50 days reached $259.33, while 200 days put it at $265.07. A total of 0.62 million shares were traded, compared to the trading of 1.17 million shares in the previous session.
Levels Of Support And Resistance For RH Stock
The 24-hour chart illustrates a support level at 233.87, which if violated will result in even more drops to 229.06. On the upside, there is a resistance level at 243.99. A further resistance level may holdings at 249.30. The Relative Strength Index (RSI) on the 14-day chart is 45.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.48, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bearish at 70.43%. Stochastics%K at 31.97% indicates the stock is a holding.
