Resolute Holdings Management (NYSE:RHLD) Shares Down 6.7% – Time to Sell?

Resolute Holdings Management, Inc. (NYSE:RHLD)’s stock price traded down 6.7% on Wednesday . The company traded as low as $209.00 and last traded at $207.2750. 108,233 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 149,809 shares. The stock had previously closed at $222.08.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Resolute Holdings Management in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Resolute Holdings Management Stock Down 8.7%

The company has a 50-day moving average of $195.05 and a 200-day moving average of $110.48. The company has a current ratio of 3.67, a quick ratio of 3.05 and a debt-to-equity ratio of 4.17. The company has a market capitalization of $1.76 billion and a price-to-earnings ratio of -421.84.

Resolute Holdings Management (NYSE:RHLD) last issued its quarterly earnings results on Monday, November 3rd. The company reported $0.13 earnings per share for the quarter. Resolute Holdings Management had a negative return on equity of 646.55% and a net margin of 23.82%.The business had revenue of $120.87 million during the quarter.

Insider Activity at Resolute Holdings Management

In related news, CFO Kurt Schoen acquired 900 shares of the stock in a transaction dated Tuesday, November 18th. The stock was acquired at an average cost of $149.23 per share, for a total transaction of $134,307.00. Following the completion of the purchase, the chief financial officer owned 1,900 shares of the company’s stock, valued at approximately $283,537. This represents a 90.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Timothy O. Mahoney acquired 3,268 shares of the company’s stock in a transaction dated Tuesday, November 18th. The shares were bought at an average cost of $152.98 per share, for a total transaction of $499,938.64. Following the completion of the acquisition, the director directly owned 9,207 shares of the company’s stock, valued at approximately $1,408,486.86. The trade was a 55.03% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have acquired 11,107 shares of company stock worth $1,800,036. 50.80% of the stock is owned by insiders.

Institutional Trading of Resolute Holdings Management

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC purchased a new stake in Resolute Holdings Management during the 4th quarter valued at about $35,000. JPMorgan Chase & Co. acquired a new stake in shares of Resolute Holdings Management during the third quarter worth about $173,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Resolute Holdings Management during the fourth quarter worth about $267,000.

Resolute Holdings Management Company Profile

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.