RH’s recent filing unveils 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 $872.08 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.
Stifel initiated its RH [RH] rating to a Buy in a research note published on July 09, 2024; the price target was $315. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in early June has reiterated a ‘”a Market perform”‘ rating for it. Telsey Advisory Group also remained covering RH and reiterated its “Market perform” recommendation on March 28, 2024. Telsey Advisory Group maintained its rating on December 08, 2023. It rated RH as “a Market perform”.
Price Performance Review of RH
On Tuesday, RH [NYSE:RH] saw its stock jump 6.02% to $260.22. Over the last five days, the stock has gained 2.64%. RH shares have fallen nearly -10.72% since the year began. Nevertheless, the stocks have fallen -29.96% over the past one year. While a 52-week high of $388.48 was reached on 03/28/24, a 52-week low of $207.26 was recorded on 06/25/24. SMA at 50 days reached $257.12, while 200 days put it at $266.01.
Levels Of Support And Resistance For RH Stock
The 24-hour chart illustrates a support level at 249.52, which if violated will result in even more drops to 238.81. On the upside, there is a resistance level at 266.41. A further resistance level may holdings at 272.59. The Relative Strength Index (RSI) on the 14-day chart is 49.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -11.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.28%. Stochastics%K at 28.90% indicates the stock is a holding.
How much short interest is there in RH?
A steep rise in short interest was recorded in RH stocks on
The most recent change occurred on December 05, 2023 when Telsey Advisory Group resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $325.
