Keith Belling Acquires Shares of RH on June 18
Insider Keith Belling purchased 843 shares of RH, adding to his holdings.
Key Points
- Keith Belling bought 843 shares of RH on June 18, 2026, as part of insider trading activity.
- RH trades on the NYSE with a market cap of $2.56 billion and a P/E ratio of 26.14.
- Analysts maintain a 'hold' consensus with a mean price target of $164.82 for RH.
Keith Belling, an insider at RH, bought 843 shares of the company on June 18, 2026. This transaction is part of the ongoing insider trading activities at RH, where several insiders have been adjusting their holdings.
Other Institutional Activity in RH
Institutional investors have been active in RH recently. FMR LLC trimmed its position by 1,641 shares, leaving it with 2,795,598 shares valued at about $390.9 million. In contrast, Alyeska Investment Group, L.P. significantly increased its stake by 1,504,205 shares, reaching a total of 1,636,323 shares worth approximately $228.8 million. BlackRock, Inc. also added 16,282 shares, bringing its total to 1,396,561 shares valued at $195.3 million. UBS Group AG boosted its holdings by 136,975 shares, ending with 710,733 shares worth around $99.4 million.
RH Stock Snapshot
Shares of RH (NYSE:RH) were trading at $144.23 recently. The company has a market capitalization of approximately $2.56 billion and a price-to-earnings ratio of 26.14. RH's stock has experienced a 52-week low of $106.30 and a high of $257.00. The stock's 50-day moving average is $136.92, while the 200-day moving average is $170.24. The company's beta is 1.903, indicating higher volatility compared to the market.
Recent Earnings
RH reported revenue of about $3.43 billion, though revenue growth showed a slight decline of 1.7%. The company's earnings per share (EPS) stand at $5.19, with a net margin of 3.01%. Investors can look forward to the next earnings announcement on September 10, 2026.
Insider Buying and Selling at RH
On June 18, 2026, several insiders at RH were active in the market. Mark Demilio sold 3,102 shares at an average price of $144.00. Meanwhile, Leonard Schlesinger, Hilary Krane, Kathleen Mitic, and Keith Belling each acquired 843 shares. These transactions were not part of any pre-planned trading programs.
Analysts Set New Price Targets
On June 15, 2026, Citigroup maintained its 'hold' rating on RH, setting a price target of $166.00. Earlier in June, Stifel and Baird also maintained 'hold' ratings with targets of $130.00 and $150.00, respectively. Wells Fargo continues to recommend a 'buy', with a target of $175.00, while Goldman Sachs maintains a 'sell' with a target of $88.00. Overall, 17 analysts have a 'hold' consensus with an average target price of $164.82.
About RH
RH, formerly known as Restoration Hardware Holdings, Inc., is a retailer specializing in home furnishings. Headquartered in Corte Madera, California, the company operates in the specialty retail sector. RH offers a wide range of products, including furniture, lighting, textiles, and décor, through its various segments such as RH Segment, Waterworks, and Real Estate. The company sells its products through multiple channels, including retail locations, outlets, and online platforms. RH was founded in 1980 and is led by CEO Gary G. Friedman.
Bottom Line
Keith Belling's recent purchase of RH shares highlights ongoing insider activity at the company. With a market cap of $2.56 billion, RH remains a significant player in the home furnishings market. Investors keep an eye on insider trades and analyst ratings to gauge the company's performance and future prospects.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.