Resolute Holdings Management (NYSE:RHLD) Shares Down 8.1% – Time to Sell?

Resolute Holdings Management, Inc. (NYSE:RHLD)’s stock price fell 8.1% on Wednesday . The stock traded as low as $193.87 and last traded at $186.62. 6,730 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 136,069 shares. The stock had previously closed at $203.14.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Resolute Holdings Management in a research note on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Resolute Holdings Management Price Performance

The company has a 50-day moving average of $204.53 and a 200-day moving average of $130.83. The company has a debt-to-equity ratio of 4.17, a quick ratio of 3.05 and a current ratio of 3.67. The firm has a market capitalization of $1.67 billion and a price-to-earnings ratio of -398.96.

Insider Buying and Selling at Resolute Holdings Management

In related news, Director Timothy O. Mahoney acquired 3,268 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The stock was bought at an average price of $152.98 per share, for a total transaction of $499,938.64. Following 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. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kurt Schoen bought 900 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was bought at an average cost of $149.23 per share, for a total transaction of $134,307.00. Following the transaction, the chief financial officer owned 1,900 shares of the company’s stock, valued at $283,537. The trade was a 90.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 50.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of RHLD. Farther Finance Advisors LLC bought a new stake in shares of Resolute Holdings Management during the 4th quarter worth approximately $27,000. GAMMA Investing LLC acquired a new position in shares of Resolute Holdings Management during the 4th quarter worth about $35,000. Wolverine Asset Management LLC bought a new stake in shares of Resolute Holdings Management in the 4th quarter valued at about $127,000. Northwestern Mutual Wealth Management Co. lifted its stake in Resolute Holdings Management by 2,885.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 806 shares of the company’s stock valued at $166,000 after purchasing an additional 779 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV bought a new position in Resolute Holdings Management during the fourth quarter worth about $181,000.

About Resolute Holdings Management

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.