Resolute Holdings Management, Inc. (NYSE:RHLD - Get Free Report) CFO Kurt Schoen acquired 500 shares of the firm's stock in a transaction on Tuesday, March 17th. The shares were bought at an average cost of $141.51 per share, with a total value of $70,755.00. Following the completion of 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 ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.
Resolute Holdings Management Stock Up 7.3%
NYSE RHLD traded up $10.62 on Wednesday, hitting $156.26. 37,872 shares of the stock traded hands, compared to its average volume of 183,425. The company has a current ratio of 3.84, a quick ratio of 3.27 and a debt-to-equity ratio of 2.18. The stock has a 50-day moving average of $187.33 and a 200 day moving average of $151.63. Resolute Holdings Management, Inc. has a twelve month low of $24.22 and a twelve month high of $236.19. The company has a market capitalization of $1.32 billion and a P/E ratio of -226.46.
Institutional Trading of Resolute Holdings Management
Several large investors have recently added to or reduced their stakes in RHLD. Farther Finance Advisors LLC bought a new position in Resolute Holdings Management during the fourth quarter valued at about $27,000. GAMMA Investing LLC acquired a new position in shares of Resolute Holdings Management during the fourth quarter worth approximately $35,000. Kestra Advisory Services LLC acquired a new position in Resolute Holdings Management during the 4th quarter valued at $52,000. California State Teachers Retirement System bought a new stake in shares of Resolute Holdings Management in the fourth quarter valued at about $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.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed 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 MarketBeat, the stock presently has an average rating of "Sell".
Read Our Latest Stock Report on Resolute Holdings Management
About Resolute Holdings Management
(
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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.
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