Leo Wealth LLC Buys New Holdings in Resolute Holdings Management, Inc. $RHLD

Leo Wealth LLC purchased a new position in Resolute Holdings Management, Inc. (NYSE:RHLD) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,839 shares of the company’s stock, valued at approximately $2,238,000.

A number of other large investors have also bought and sold shares of RHLD. GAMMA Investing LLC bought a new stake in Resolute Holdings Management in the fourth quarter valued at approximately $35,000. JPMorgan Chase & Co. bought a new position in shares of Resolute Holdings Management in the third quarter worth approximately $173,000. Finally, SG Americas Securities LLC purchased a new position in shares of Resolute Holdings Management in the fourth quarter worth $267,000.

Resolute Holdings Management Stock Down 0.1%

NYSE RHLD opened at $154.19 on Monday. The company has a debt-to-equity ratio of 2.18, a current ratio of 3.84 and a quick ratio of 3.27. The stock has a market capitalization of $1.31 billion and a PE ratio of -223.47. Resolute Holdings Management, Inc. has a 1 year low of $24.22 and a 1 year high of $236.19. The business’s 50-day moving average is $173.91 and its 200 day moving average is $159.87.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated 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 presently has a consensus rating of “Sell”.

Insider Buying and Selling at Resolute Holdings Management

In other Resolute Holdings Management news, CFO Kurt Schoen acquired 500 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was acquired at an average price of $141.51 per share, for a total transaction of $70,755.00. Following the acquisition, the chief financial officer owned 2,400 shares in the company, valued at $339,624. This represents a 26.32% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director John D. Cote acquired 552 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was acquired at an average price of $142.29 per share, for a total transaction of $78,544.08. Following the completion of the transaction, the director owned 552 shares in the company, valued at approximately $78,544.08. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. 51.20% of the stock is currently owned by corporate insiders.

Resolute Holdings Management 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.