Restoration Hardware Holdings Inc (RH) Files Form 4 Insider Buying : Keith Belling Buys 4,000 Shares

Restoration Hardware Holdings Inc (RH): Keith Belling , director of Restoration Hardware Holdings Inc purchased 4,000 shares on Jun 28, 2016. The Insider buying transaction was reported by the company on Jun 28, 2016 to the Securities and Exchange Commission. The shares were purchased at $25.37 per share for a total value of $101,480.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 4, 2015, Kenneth J Dunaj (Chief Operating Officer) sold 23,900 shares at $103.04 per share price.On Oct 22, 2015, Carlos Alberini (director) sold 5,000 shares at $101.16 per share price.Also, On Sep 30, 2015, Karen Boone (Chief Fin./Adm. Officer) sold 20,000 shares at $99.00 per share price.On Sep 25, 2015, Eri Chaya (Chief Creative Officer) sold 15,000 shares at $101.00 per share price.

Shares of Restoration Hardware Holdings Inc (RH) ended Monday, Jun 27, 2016 session in red amid volatile trading. The shares closed down -2.17 points or -7.87% at $25.39 with 30,42,766 shares getting traded. Post opening the session at $27.52, the shares hit an intraday low of $25.11 and an intraday high of $27.62 and the price vacillated in this range throughout the day. The company has a market cap of $1,031 M and the number of outstanding shares has been calculated to be 4,06,06,527 shares. The 52-week high of Restoration Hardware Holdings Inc is $106.49 and the 52-week low is $24.745.

Restoration Hardware Holdings Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Restoration Hardware Holdings Inc is Reiterated by Deutsche Bank to Hold while Lowering the Price Target of the company shares to $ 28 from a previous price target of $35 . The Rating was issued on Jun 28, 2016.Restoration Hardware Holdings Inc is Downgraded by Longbow to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 9, 2016.Restoration Hardware Holdings Inc is Downgraded by Raymond James to Mkt Perform. Earlier the firm had a rating of Strong Buy on the company shares. The Rating was issued on Jun 9, 2016.Restoration Hardware Holdings Inc is Downgraded by Telsey Advisory Group to Market Perform while Lowering the Price Target of the company shares to $ 30 from a previous price target of $49 . Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jun 9, 2016.Restoration Hardware Holdings Inc is Downgraded by UBS to Neutral while Lowering the Price Target of the company shares to $ 32 from a previous price target of $50 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 9, 2016.

Restoration Hardware Holdings Inc. (RH) is a holding company. The Company together with its subsidiaries is a luxury home furnishings retailer that offers various categories including furniture lighting textiles bathware decor outdoor and garden tableware and children’s furnishings. These products are sold through the Company’s stores catalogs and Websites. The Company operated a total of approximately 67 retail stores and over 17 outlet stores in approximately 29 states the District of Columbia and Canada and had sourcing operations in Shanghai and Hong Kong. The Company’s retail stores are located primarily in upscale malls and street locations. The Company operates stores in Alabama Arizona California Colorado Connecticut Florida Massachusetts Michigan New York Pennsylvania Texas Tennessee and British Columbia among others. Its Websites www.restorationhardware.com and www.rh.com provide its customers to purchase its merchandise online.

Leave a Reply

Restoration Hardware Holdings Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Restoration Hardware Holdings Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.