Resolute Holdings Management (NYSE:RHLD) Shares Down 5.9% - Should You Sell?

Key Points

• Shares fell 5.9% to about $148 (intra-day low $143.14) on Tuesday, with ~96,800 shares traded—roughly 50% below the average session volume.
• The stock carries an average analyst rating of Sell, with Weiss Ratings reaffirming a "sell (e+)" rating.
• Insiders own 51.20%; Director John D. Cote bought 552 shares at $142.29 while Director Jane J. Thompson sold 1,850 shares at $124.42, and institutions (notably UBS) have recently built new positions.

Resolute Holdings Management, Inc. (NYSE:RHLD - Get Free Report)'s stock price traded down 5.9% during trading on Tuesday . The stock traded as low as $143.14 and last traded at $148.2880. 96,797 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 193,787 shares. The stock had previously closed at $157.56.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Resolute Holdings Management in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of "Sell".

Resolute Holdings Management Stock Performance

The firm has a market capitalization of $1.27 billion and a price-to-earnings ratio of -219.38. The company has a debt-to-equity ratio of 2.18, a quick ratio of 3.27 and a current ratio of 3.84. The stock's fifty day moving average is $183.51 and its two-hundred day moving average is $154.23.

Insider Activity at Resolute Holdings Management

In related news, Director John D. Cote purchased 552 shares of the business's stock in a transaction that occurred on Tuesday, March 17th. The shares were purchased at an average cost of $142.29 per share, with a total value of $78,544.08. Following the completion of the acquisition, the director directly owned 552 shares of the company's stock, valued at approximately $78,544.08. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jane J. Thompson sold 1,850 shares of the business's stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $124.42, for a total transaction of $230,177.00. Following the completion of the sale, the director directly owned 6,273 shares of the company's stock, valued at $780,486.66. The trade was a 22.77% decrease in their position. The SEC filing for this sale provides additional information. 51.20% of the stock is currently owned by company insiders.

Institutional Trading of Resolute Holdings Management

Several hedge funds and other institutional investors have recently bought and sold shares of RHLD. Wolverine Asset Management LLC bought a new position in Resolute Holdings Management in the 4th quarter worth approximately $127,000. Truist Financial Corp acquired a new position in Resolute Holdings Management in the 4th quarter valued at approximately $6,140,000. Strs Ohio bought a new position in Resolute Holdings Management in the fourth quarter worth $454,000. UBS Group AG acquired a new stake in shares of Resolute Holdings Management during the 4th quarter valued at about $28,228,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Resolute Holdings Management in the fourth quarter valued at about $1,448,000.

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.

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