Leonard Schlesinger Acquires Shares of RH

On June 18, 2026, Leonard Schlesinger acquired 843 shares of RH, a company listed on the NYSE under the ticker RH. This insider transaction did not involve a planned purchase under a Rule 10b5-1 trading plan.

Insider Buying and Selling at RH

Leonard Schlesinger wasn't the only insider active on June 18, 2026. Other insiders, including Hilary Krane, Kathleen Mitic, and Keith Belling, each purchased 843 shares of RH. Meanwhile, Mark Demilio sold 3,102 shares at an average price of $144.00.

Other Institutional Activity in RH

Several institutional investors have been adjusting their positions in RH. BlackRock, Inc. increased its holdings by 16,282 shares, reaching a total of 1,396,561 shares valued at approximately $195.3 million. UBS Group AG added 136,975 shares, bringing its total to 710,733 shares worth about $99.4 million. Alyeska Investment Group, L.P. significantly boosted its stake by 1,504,205 shares to hold 1,636,323 shares valued at $228.8 million.

RH Stock Up 1.6%

Shares of RH are trading around $144.23. The company has a market capitalization of roughly $2.56 billion and a forward P/E ratio of 14.81. RH's stock has fluctuated between a 52-week low of $106.30 and a high of $257.00. Its beta is 1.903, indicating higher volatility compared to the market.

Analysts Set New Price Targets

Analysts have maintained their positions on RH. On June 15, 2026, Citigroup reiterated a hold rating with a $166.00 price target. Stifel and Baird also maintained their hold ratings with targets of $130.00 and $150.00, respectively. Wells Fargo, on the other hand, kept a buy rating with a $175.00 target.

About RH

RH, formerly known as Restoration Hardware, is a specialty retailer and lifestyle brand in the home furnishings market. Based in Corte Madera, California, RH operates in the United States and several international markets, offering a wide range of products including furniture, lighting, and textiles. Led by CEO Gary G. Friedman, the company employs over 6,500 people and operates through various segments such as RH Segment and Waterworks.

Bottom Line

Leonard Schlesinger's recent purchase of RH shares highlights ongoing insider activity at the company. With a market cap of $2.56 billion, RH remains a significant player in the specialty retail sector. Investors often monitor insider transactions like these for potential insights into a company's future performance. However, it's important to remember that such transactions are disclosed after they occur and may not reflect current conditions.