$RH.US Ranked Positive On June 28th, 2024

Smart Insider $RH.US Ranked Positive On June 28th, 2024

$RH.US Ranked Positive On June 28th, 2024

RH (RH US, +1, 28-Jun-24)

Gary Friedman¬†(Chairman & CEO since 2014, joined 2001) purchased $10 million worth¬†of stock on June 26th at $216.10, increasing his holding by 1%. While this is a minor addition to his 3.3 million shares¬†(18% of the co), it’s interesting to see him buying now.¬†

This is a rare purchase, his first since September 2018, and the largest across his 5 previous buys. This is also the highest price he has paid for shares. His previous purchases were in a price range between $2.73 Р$131 from 2014-2018. Moreover, this is a reversal from a series of option-related sales in December 2022 at an average price of $260. He has been timely on most prior buys in this stock and has a good record as a buyer. 

We are ranking stock +1 (strong positive signal).

If you want the Stock of the Week with insider buying stocks information and analysis in your email, don’t forget to subscribe! Follow us on LinkedIn and Twitter

Check our Signals Performance and if you want to know more about this Signals Service, please, email us at sales_admin@smartinsider.com or fill in the Contact Us form here.

If you are interested in our Stocks of the Week
those services may also be useful for you


Timely data delivery customised to every user, backed by analysis tools on our internal website


We rank the stocks where transactions are most likely to indicate future share price performance


Studying buyback activity can give a clue to the fortunes of a company and help predict future share price movement

If you are a member of the media and would like to speak with a Smart Insider expert, please contact us press@smartinsider.com or call +44 203 405 3356

Scroll to Top