Jane Thompson Sells 1,850 Shares of Resolute Holdings Management (NYSE:RHLD) Stock

Resolute Holdings Management, Inc. (NYSE:RHLD) Director Jane Thompson sold 1,850 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $124.42, for a total value of $230,177.00. Following the completion of the sale, the director directly owned 6,273 shares in the company, valued at approximately $780,486.66. The trade was a 22.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Resolute Holdings Management Trading Up 7.3%

Shares of RHLD traded up $10.62 during midday trading on Wednesday, hitting $156.26. 37,872 shares of the stock were exchanged, compared to its average volume of 183,425. Resolute Holdings Management, Inc. has a 52-week low of $24.22 and a 52-week high of $236.19. The stock has a fifty day simple moving average of $187.33 and a 200 day simple moving average of $151.63. The firm has a market cap of $1.32 billion and a P/E ratio of -227.38. The company has a debt-to-equity ratio of 2.18, a quick ratio of 3.27 and a current ratio of 3.84.

Institutional Investors Weigh In On Resolute Holdings Management

Several large investors have recently modified their holdings of RHLD. Locust Wood Capital Advisers LLC acquired a new stake in Resolute Holdings Management during the 4th quarter worth $112,292,000. Balance Capital Partners L.P. acquired a new position in shares of Resolute Holdings Management during the fourth quarter worth about $52,169,000. Vanguard Group Inc. purchased a new position in shares of Resolute Holdings Management during the 4th quarter worth approximately $47,149,000. Corsair Capital Management L.P. purchased a new position in Resolute Holdings Management in the fourth quarter worth $42,891,000. Finally, UBS Group AG purchased a new position in shares of Resolute Holdings Management in the 4th quarter valued at about $28,228,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated 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 MarketBeat, Resolute Holdings Management currently has an average rating of “Sell”.

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.