RH $RH Shares Sold by Baypointe Partners LLC

Key Points

• Baypointe Partners slashed its RH stake by 64.9% in Q4, selling 48,672 shares and retaining 26,328 shares valued at about $4.72 million, making RH its third-largest holding (9.9% of the fund).
• Significant insider and institutional activity: insider Eri Chaya sold 11,000 shares at $137.92 (~$1.52M) and insiders have sold 25,000 shares in the last 90 days, while institutional investors own about 90.17% of RH and corporate insiders hold 27.0%.
• Operational and market backdrop: RH missed quarterly estimates (EPS $1.53 vs. $2.21; revenue $842.6M vs. $873.5M), has seen mixed price action (≈40% slide over three months but ≈16.9% gain since earnings), faces analyst target cuts with a consensus "Hold" rating, and is subject to a Pomerantz shareholder investigation.

Baypointe Partners LLC decreased its holdings in shares of RH (NYSE:RH - Free Report) by 64.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,328 shares of the company's stock after selling 48,672 shares during the quarter. RH comprises 9.9% of Baypointe Partners LLC's holdings, making the stock its 3rd largest holding. Baypointe Partners LLC owned approximately 0.14% of RH worth $4,717,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RH. United Services Automobile Association acquired a new stake in RH during the first quarter worth $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in RH by 6.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 38,622 shares of the company's stock worth $9,053,000 after acquiring an additional 2,244 shares during the last quarter. Prudential Financial Inc. increased its stake in RH by 24.4% during the second quarter. Prudential Financial Inc. now owns 1,593 shares of the company's stock worth $301,000 after acquiring an additional 312 shares during the last quarter. Federated Hermes Inc. increased its stake in RH by 30.1% during the second quarter. Federated Hermes Inc. now owns 1,137 shares of the company's stock worth $215,000 after acquiring an additional 263 shares during the last quarter. Finally, California Public Employees Retirement System increased its stake in RH by 9.5% during the second quarter. California Public Employees Retirement System now owns 19,049 shares of the company's stock worth $3,600,000 after acquiring an additional 1,650 shares during the last quarter. Institutional investors and hedge funds own 90.17% of the company's stock.

Key Stories Impacting RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: Brand expansion in Europe — RH hosted a high-profile Milan gallery opening and is pushing into the European market, which supports long‑term luxury positioning and revenue diversification. Why RH Is Taking Over Europe—and Hosted Milan Design Week’s Glitziest Party
• Positive Sentiment: Recent momentum since earnings — analysis notes RH is up ~16.9% since its last earnings report, indicating investor interest on any signs of stabilization or better-than-expected execution. This momentum can amplify rallies if upcoming results or guidance improve. RH (RH) Up 16.9% Since Last Earnings Report: Can It Continue?
• Neutral Sentiment: Market commentary: low expectations vs. cautious guidance — MarketBeat highlighted RH’s ~40% slide over three months and argued that low expectations plus cautious corporate guidance could set up a rebound if RH delivers a clear catalyst (e.g., better comps, margin improvement, or clearer path for membership/loyalty programs). This is a thematic view that could be bullish but depends on execution. Could RH’s Recent 40% Slide Represent a Buying Opportunity?
• Negative Sentiment: Shareholder investigation underway — Pomerantz LLP announced an investigation into RH on behalf of investors, which may signal potential claims related to disclosures or governance. Litigation and the distraction/costs associated with investigations can weigh on the stock until resolved. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf Of Investors of RH - RH

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on RH shares. TD Cowen cut their target price on RH from $265.00 to $200.00 and set a "buy" rating for the company in a research note on Monday, March 30th. Telsey Advisory Group cut their target price on RH from $165.00 to $140.00 and set a "market perform" rating for the company in a research note on Wednesday, April 1st. BNP Paribas Exane cut their target price on RH from $130.00 to $96.00 and set a "strong sell" rating for the company in a research note on Wednesday, April 1st. Zelman & Associates restated an "outperform" rating on shares of RH in a research report on Thursday, January 29th. Finally, Citigroup lowered their price target on RH from $183.00 to $150.00 and set a "neutral" rating for the company in a research report on Thursday, April 2nd. Seven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $176.47.

Insider Activity

In other news, insider Eri Chaya sold 11,000 shares of the company's stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $137.92, for a total transaction of $1,517,120.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last ninety days, insiders sold 25,000 shares of company stock worth $3,370,440. Corporate insiders own 27.00% of the company's stock.

RH Trading Up 0.0%

NYSE:RH opened at $130.02 on Monday. The firm has a market cap of $2.45 billion, a PE ratio of 20.61, a price-to-earnings-growth ratio of 1.98 and a beta of 1.89. The stock has a fifty day moving average price of $139.74 and a 200 day moving average price of $168.37. RH has a 12-month low of $106.30 and a 12-month high of $257.00. The company has a current ratio of 1.19, a quick ratio of 0.31 and a debt-to-equity ratio of 51.28.

RH (NYSE:RH - Get Free Report) last released its earnings results on Tuesday, March 31st. The company reported $1.53 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.21 by ($0.68). The company had revenue of $842.62 million during the quarter, compared to analysts' expectations of $873.48 million. RH had a net margin of 3.63% and a negative return on equity of 567.82%. The company's revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the business posted $1.58 earnings per share. Sell-side analysts anticipate that RH will post 6.43 earnings per share for the current fiscal year.

RH Company Profile

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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