Resolute Holdings Management (NYSE:RHLD) Shares Gap Down – What’s Next?

Resolute Holdings Management, Inc. (NYSE:RHLD)’s share price gapped down before the market opened on Monday . The stock had previously closed at $143.18, but opened at $137.64. Resolute Holdings Management shares last traded at $138.0840, with a volume of 4,667 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of Resolute Holdings Management from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Resolute Holdings Management Price Performance

The company has a market capitalization of $1.11 billion and a P/E ratio of -194.95. The business’s 50-day simple moving average is $158.04 and its 200 day simple moving average is $168.73. The company has a current ratio of 3.84, a quick ratio of 3.27 and a debt-to-equity ratio of 2.18.

Insiders Place Their Bets

In other Resolute Holdings Management news, Director Jane J. Thompson sold 1,850 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $124.42, for a total transaction of $230,177.00. Following 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kurt Schoen purchased 500 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were bought at an average price of $141.51 per share, for a total transaction of $70,755.00. Following the completion of the transaction, the chief financial officer directly owned 2,400 shares in the company, valued at $339,624. This represents a 26.32% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 51.20% of the stock is owned by insiders.

Institutional Trading of Resolute Holdings Management

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC bought a new stake in shares of Resolute Holdings Management in the 4th quarter worth approximately $27,000. GAMMA Investing LLC bought a new stake in shares of Resolute Holdings Management in the 4th quarter worth approximately $35,000. Kestra Advisory Services LLC bought a new stake in shares of Resolute Holdings Management in the 4th quarter worth approximately $52,000. California State Teachers Retirement System bought a new stake in shares of Resolute Holdings Management in the 4th quarter worth approximately $54,000. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of Resolute Holdings Management in the 4th quarter worth approximately $86,000.

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.