Key Points
- Director Jane Thompson sold 1,850 shares on March 17 at an average price of $124.42 for $230,177, reducing her position by 22.77% to 6,273 shares (about $780,487) per the SEC filing.
- Shares were up about 5.3% (opening at $153.41); the stock has a $1.30 billion market cap, a negative P/E of -222.33, a 12‑month range of $24.22–$236.19, and 50‑/200‑day moving averages of $186.24 and $151.65 respectively.
- Sell sentiment: Weiss Ratings reaffirmed a "sell (e+)" and MarketBeat shows an average rating of "Sell", while several institutional investors initiated small positions in Q4.
Resolute Holdings Management, Inc. (NYSE:RHLD - Get Free Report) CFO Kurt Schoen purchased 500 shares of the firm's stock in a transaction that occurred on Tuesday, March 17th. The stock was purchased at an average price of $141.51 per share, with a total value of $70,755.00. Following the purchase, the chief financial officer directly owned 2,400 shares of the company's stock, valued at $339,624. The trade was a 26.32% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Resolute Holdings Management Stock Up 5.1%
Shares of NYSE:RHLD traded up $7.84 during trading hours on Thursday, reaching $162.16. The stock had a trading volume of 3,594 shares, compared to its average volume of 185,125. Resolute Holdings Management, Inc. has a 1 year low of $24.22 and a 1 year high of $236.19. The firm's 50 day moving average is $186.24 and its 200-day moving average is $151.65. The company has a debt-to-equity ratio of 2.18, a quick ratio of 3.27 and a current ratio of 3.84. The stock has a market capitalization of $1.37 billion and a price-to-earnings ratio of -234.98.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of Resolute Holdings Management in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of "Sell".
View Our Latest Research Report on RHLD
Institutional Investors Weigh In On Resolute Holdings Management
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC purchased a new stake in Resolute Holdings Management during the fourth quarter worth approximately $27,000. GAMMA Investing LLC purchased a new position in Resolute Holdings Management in the fourth quarter valued at approximately $35,000. Kestra Advisory Services LLC purchased a new position in Resolute Holdings Management in the fourth quarter valued at approximately $52,000. California State Teachers Retirement System acquired a new stake in Resolute Holdings Management during the fourth quarter worth approximately $54,000. Finally, Atlas Capital Advisors Inc. acquired a new stake in Resolute Holdings Management during the fourth quarter worth approximately $86,000.
About Resolute Holdings Management
(
Get Free Report)
Resolute Holdings Management, Inc operates as an alternative asset management platform company. The company was incorporated in 2024 and is based in New York, New York.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
