Resolute Holdings Management (NYSE:RHLD) CFO Kurt Schoen Buys 450 Shares

Resolute Holdings Management, Inc. (NYSE:RHLD – Get Free Report) CFO Kurt Schoen acquired 450 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average price of $108.34 per share, with a total value of $48,753.00. Following the transaction, the chief financial officer owned 2,850 shares in the company, valued at $308,769. This represents a 18.75% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Kurt Schoen also recently made the following trade(s):

Get Resolute Holdings Management alerts:

• On Tuesday, March 17th, Kurt Schoen acquired 500 shares of Resolute Holdings Management stock. The stock was purchased at an average price of $141.51 per share, with a total value of $70,755.00.

Resolute Holdings Management Price Performance

RHLD opened at $102.99 on Friday. The company has a quick ratio of 3.27, a current ratio of 1.59 and a debt-to-equity ratio of 0.71. Resolute Holdings Management, Inc. has a 12 month low of $28.92 and a 12 month high of $236.19. The company has a fifty day simple moving average of $143.81 and a 200 day simple moving average of $171.10. The stock has a market cap of $850.69 million, a P/E ratio of 14.95 and a beta of -1.21.

Hedge Funds Weigh In On Resolute Holdings Management

Large investors have recently added to or reduced their stakes in the company. Leo Wealth LLC bought a new position in Resolute Holdings Management during the 4th quarter worth about $2,238,000. UBS Group AG bought a new position in Resolute Holdings Management during the 4th quarter worth about $28,228,000. Truist Financial Corp bought a new position in Resolute Holdings Management during the 4th quarter worth about $6,140,000. Huntleigh Advisors Inc. bought a new position in Resolute Holdings Management during the 4th quarter worth about $801,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Resolute Holdings Management during the 4th quarter worth about $1,448,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on RHLD shares. Weiss Ratings cut Resolute Holdings Management from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, April 24th. Wall Street Zen cut Resolute Holdings Management from a “hold” rating to a “sell” rating in a report on Saturday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Check Out Our Latest Analysis on Resolute Holdings Management

Resolute Holdings Management Company Profile

(Get Free Report)

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.

Featured Articles

• Five stocks we like better than Resolute Holdings Management
• Peloton Stock Gives Back Gains After Upbeat Earnings Report
• MarketBeat Week in Review – 05/11 – 05/15
• Viking Sails to All-Time Highs—Fundamentals Signal More to Come
• Datavalut Gains Traction: 5 Reasons to Sell Now

Receive News & Ratings for Resolute Holdings Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Resolute Holdings Management and related companies with MarketBeat.com's FREE daily email newsletter.