Resolute Holdings Management (NYSE:RHLD) Director Purchases $78,544.08 in Stock

Resolute Holdings Management, Inc. (NYSE:RHLD) Director John Cote purchased 552 shares of Resolute Holdings Management stock in a transaction that occurred on Tuesday, March 17th. The shares were bought at an average price of $142.29 per share, with a total value of $78,544.08. Following the completion of the transaction, the director owned 552 shares of the company’s stock, valued at $78,544.08. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Resolute Holdings Management Trading Down 2.6%

Resolute Holdings Management stock opened at $159.96 on Friday. The company has a current ratio of 3.84, a quick ratio of 3.27 and a debt-to-equity ratio of 2.18. Resolute Holdings Management, Inc. has a 12 month low of $24.22 and a 12 month high of $236.19. The stock’s 50 day simple moving average is $184.56 and its two-hundred day simple moving average is $152.38. The firm has a market cap of $1.36 billion and a PE ratio of -231.83.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Resolute Holdings Management in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Institutional Investors Weigh In On Resolute Holdings Management

Institutional investors have recently modified their holdings of the business. Corient Private Wealth LLC purchased a new position in shares of Resolute Holdings Management in the 4th quarter valued at about $314,000. Invesco Ltd. purchased a new position in Resolute Holdings Management during the fourth quarter worth approximately $9,859,000. NewEdge Advisors LLC purchased a new position in Resolute Holdings Management during the fourth quarter worth approximately $452,000. XTX Topco Ltd acquired a new stake in Resolute Holdings Management in the fourth quarter valued at approximately $376,000. Finally, Wellington Management Group LLP acquired a new stake in Resolute Holdings Management in the fourth quarter valued at approximately $21,414,000.

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.