In a filing, RH revealed its Director Belling Keith unloaded Company’s shares for reported $0.21 million on Dec 17 ’24. In the deal valued at $415.00 per share,500 shares were sold. As a result of this transaction, Belling Keith now holds 5,470 shares worth roughly $2.18 million.
Then, KEITH BELLING bought 500 shares, generating $207,500 in total proceeds.
Before that, Lee Edward T sold 2,000 shares. RH shares valued at $707,142 were divested by the insider at a price of $353.57 per share. As a result of the transaction, Lee Edward T now holds 0 shares, worth roughly $0.0.
Telsey Advisory Group upgraded its RH [RH] rating to an Outperform from a a Market perform in a research note published on December 19, 2024; the price target was increased to $500 from $485. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in mid December has reiterated a ‘”a Market perform”‘ rating for it. Telsey Advisory Group also remained covering RH and reiterated its “Market perform” recommendation on December 09, 2024. Exane BNP Paribas revised its rating on November 13, 2024. It rated RH as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of RH
On Friday, RH [NYSE:RH] saw its stock jump 2.64% to $398.26. Over the last five days, the stock has lost -10.71%. RH shares have risen nearly 36.63% since the year began. Nevertheless, the stocks have risen 30.44% over the past one year. While a 52-week high of $457.26 was reached on 12/13/24, a 52-week low of $212.43 was recorded on 06/25/24. SMA at 50 days reached $354.62, while 200 days put it at $294.70.
Levels Of Support And Resistance For RH Stock
The 24-hour chart illustrates a support level at 387.61, which if violated will result in even more drops to 376.97. On the upside, there is a resistance level at 406.24. A further resistance level may holdings at 414.23. The Relative Strength Index (RSI) on the 14-day chart is 55.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.20%. Stochastics %K at 28.20% 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 2024-11-29, growing by 37709.0 shares to a total of 1.82 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.78 million shares. There was a rise of 2.07%, which implies that there is a positive sentiment for the stock.
