Resideo Technologies, Inc. (NYSE:REZI) Director Sells $66,067.20 in Stock

Resideo Technologies, Inc. (NYSE:REZI - Get Free Report) Director Nina Richardson sold 2,790 shares of the firm's stock in a transaction on Monday, July 7th. The stock was sold at an average price of $23.68, for a total value of $66,067.20. Following the completion of the transaction, the director directly owned 64,008 shares of the company's stock, valued at $1,515,709.44. The trade was a 4.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Resideo Technologies Price Performance

Shares of REZI traded down $0.33 during mid-day trading on Friday, reaching $23.74. 705,947 shares of the stock traded hands, compared to its average volume of 1,020,030. The company has a market cap of $3.53 billion, a price-to-earnings ratio of 74.19 and a beta of 2.15. Resideo Technologies, Inc. has a 1 year low of $14.18 and a 1 year high of $28.28. The firm has a fifty day moving average price of $21.22 and a 200 day moving average price of $20.18. The company has a current ratio of 1.94, a quick ratio of 1.16 and a debt-to-equity ratio of 0.69.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. increased their price target on shares of Resideo Technologies from $20.00 to $21.00 and gave the stock a "neutral" rating in a report on Tuesday, June 3rd.

Hedge Funds Weigh In On Resideo Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in Resideo Technologies by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 16,137,439 shares of the company's stock worth $371,968,000 after acquiring an additional 75,940 shares in the last quarter. Boston Partners lifted its stake in Resideo Technologies by 1.6% during the first quarter. Boston Partners now owns 9,954,419 shares of the company's stock worth $175,640,000 after purchasing an additional 156,536 shares during the last quarter. Ariel Investments LLC boosted its holdings in shares of Resideo Technologies by 5.1% in the 1st quarter. Ariel Investments LLC now owns 9,664,671 shares of the company's stock worth $171,065,000 after purchasing an additional 465,571 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Resideo Technologies by 2.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,205,405 shares of the company's stock worth $145,234,000 after purchasing an additional 223,063 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its position in shares of Resideo Technologies by 9.1% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 8,196,828 shares of the company's stock valued at $145,084,000 after purchasing an additional 683,714 shares during the last quarter. 91.71% of the stock is currently owned by hedge funds and other institutional investors.

About Resideo Technologies

Resideo Technologies, Inc develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution.