RH’s recent filing unveils that its Director ERI CHAYA acquired Company’s shares for reported $10.49 million on Jan 14 ’25. In the deal valued at $419.52 per share,25,000 shares were bought.
Then, Chaya Eri sold 10,000 shares, generating $4,162,713 in total proceeds. Upon selling the shares at $416.27, the insider now owns 0 shares.
Before that, Belling Keith sold 500 shares. RH shares valued at $208,927 were divested by the Director at a price of $417.85 per share. As a result of the transaction, Belling Keith now holds 4,970 shares, worth roughly $2.07 million.
Morgan Stanley upgraded its RH [RH] rating to an Overweight from a an Equal-weight in a research note published on January 13, 2025; the price target was increased to $530 from $435. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in early January from “an Equal weight” to “an Overweight”. Telsey Advisory Group also remained covering RH and has increased its forecast on December 19, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. Telsey Advisory Group maintained its rating on December 13, 2024. It rated RH as “a Market perform”.
Price Performance Review of RH
On Tuesday, RH [NYSE:RH] saw its stock fall -0.83% to $416.04. Over the last five days, the stock has gained 0.26%. RH shares have risen nearly 5.70% since the year began. Nevertheless, the stocks have risen 50.93% over the past one year. While a 52-week high of $457.26 was reached on 01/14/25, a 52-week low of $212.43 was recorded on 01/02/25. SMA at 50 days reached $375.02, while 200 days put it at $302.87.
Levels Of Support And Resistance For RH Stock
The 24-hour chart illustrates a support level at 408.51, which if violated will result in even more drops to 400.99. On the upside, there is a resistance level at 426.53. A further resistance level may holdings at 437.03. The Relative Strength Index (RSI) on the 14-day chart is 58.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 9.96, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 30.94%. Stochastics %K at 82.08% indicates the stock is a selling.
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.
The most recent change occurred on December 09, 2024 when Telsey Advisory Group resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $330.
