RH Jun 2024 252.500 put
- Simply Wall St.
Chairman & CEO of RH Gary Friedman Buys 1.4% More Shares
RH ( NYSE:RH ) shareholders (or potential shareholders) will be happy to see that the Chairman & CEO, Gary Friedman...
- GuruFocus.com
Insider Buying: Gary Friedman Acquires 46,274 Shares of RH (RH)
Following this transaction, the insider now owns 3,351,337 shares of RH. RH, formerly known as Restoration Hardware, is a luxury brand in the home furnishings marketplace offering furniture, lighting, textiles, bathware, decor, outdoor and garden, as well as baby and child products. This purchase reflects a significant investment by the insider in the company.
- StockStory
RH (RH) Stock Trades Up, Here Is Why
Shares of luxury furniture retailer RH (NYSE:RH) jumped 8.9% in the morning session after CEO Gary Friedman bought more than $10 million of the company's shares at an average of $216.10 per share. The recent purchase put his ownership at a little above a quarter of all the company's outstanding shares. The CEO's purchase of RH stock can be considered a bullish signal, as it demonstrates increased confidence in the company's future. It could also indicate that the CEO thinks shares are undervalue
