Jupiter Topco LLC Acquires New Shares in RH $RH

Key Points

• Jupiter Topco LLC acquired 25,619 RH shares worth approximately $4.22 million, representing about 0.14% of the company. Institutional investors and hedge funds collectively own 90.17% of RH.
• RH reported quarterly revenue of $800.3 million, ahead of estimates, while its adjusted loss of $1.97 per share was narrower than expected. However, revenue declined 1.7% year over year and the company remained unprofitable.
• Shares opened at $144.51 after falling 3.1% and remain below their 50-day moving average, reflecting near-term pressure. Analysts maintain a consensus “Hold” rating with an average price target of $173.36, while recent insider activity included CEO share sales and a director purchase.

Jupiter Topco LLC bought a new stake in RH (NYSE:RH - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 25,619 shares of the company's stock, valued at approximately $4,221,000. Jupiter Topco LLC owned about 0.14% of RH as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Harvest Fund Management Co. Ltd acquired a new stake in shares of RH in the 3rd quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB increased its position in RH by 200.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company's stock worth $31,000 after purchasing an additional 116 shares in the last quarter. Advisory Services Network LLC bought a new position in RH in the 3rd quarter valued at approximately $31,000. Modus Advisors LLC bought a new position in RH in the 4th quarter valued at approximately $34,000. Finally, Geneos Wealth Management Inc. acquired a new stake in RH in the first quarter valued at approximately $42,000. Institutional investors and hedge funds own 90.17% of the company's stock.

RH Trading Down 3.1%

Shares of RH stock opened at $144.51 on Wednesday. The stock has a market cap of $2.73 billion, a price-to-earnings ratio of 27.90, a PEG ratio of 3.55 and a beta of 1.86. The stock has a 50-day moving average of $169.62 and a 200-day moving average of $153.26. The company has a current ratio of 1.13, a quick ratio of 0.32 and a debt-to-equity ratio of 54.96. RH has a 1-year low of $106.30 and a 1-year high of $257.00.

RH (NYSE:RH - Get Free Report) last posted its quarterly earnings data on Thursday, June 11th. The company reported ($1.97) EPS for the quarter, topping analysts' consensus estimates of ($2.12) by $0.15. The company had revenue of $800.33 million for the quarter, compared to analyst estimates of $792.55 million. RH had a return on equity of 423.79% and a net margin of 3.01%.The firm's quarterly revenue was down 1.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.13 earnings per share. On average, equities research analysts forecast that RH will post 4.2 earnings per share for the current year.

Key Stories Impacting RH

Here are the key news stories impacting RH this week:

• Neutral Sentiment: RH’s most recent quarterly results were mixed: revenue of $800.3 million exceeded estimates, and its adjusted loss was narrower than expected, but sales declined 1.7% year over year and the company remained unprofitable for the quarter. Its high beta indicates the stock can be particularly sensitive to broader market and consumer-discretionary sentiment.
• Negative Sentiment: The stock’s sharper decline than the overall market suggests investors may be reducing exposure to RH amid concerns about luxury-home demand, valuation, and execution. Shares remain below their 50-day moving average, reinforcing near-term technical pressure. Here’s Why RH Fell More Than Broader Market

Insider Transactions at RH

In other news, CEO Gary G. Friedman sold 69,069 shares of the company's stock in a transaction on Monday, July 6th. The shares were sold at an average price of $169.48, for a total value of $11,705,814.12. Following the sale, the chief executive officer directly owned 3,282,268 shares of the company's stock, valued at approximately $556,278,780.64. This represents a 2.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Carlos Alberini acquired 11,388 shares of the firm's stock in a transaction dated Monday, June 29th. The shares were purchased at an average price of $160.90 per share, with a total value of $1,832,329.20. Following the completion of the transaction, the director owned 32,190 shares of the company's stock, valued at $5,179,371. This trade represents a 54.74% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have sold 132,749 shares of company stock worth $21,856,812. Company insiders own 26.90% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. KeyCorp reaffirmed a "sector weight" rating on shares of RH in a research note on Friday, June 12th. Citigroup increased their price target on RH from $150.00 to $166.00 and gave the company a "neutral" rating in a research note on Monday, June 15th. Wells Fargo & Company raised their price objective on RH from $175.00 to $225.00 and gave the company an "overweight" rating in a report on Tuesday, August 11th. Zacks Research upgraded RH from a "strong sell" rating to a "hold" rating in a research report on Tuesday, June 16th. Finally, Stifel Nicolaus upped their target price on RH from $110.00 to $130.00 and gave the stock a "hold" rating in a report on Friday, June 12th. Seven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $173.36.

About RH

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH's product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.

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