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

Resolute Holdings Management, Inc. (NYSE:RHLD) CFO Kurt Schoen purchased 450 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was purchased at an average cost of $108.34 per share, with a total value of $48,753.00. Following the acquisition, the chief financial officer directly owned 2,850 shares in the company, valued at $308,769. This trade represents a 18.75% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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

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

Resolute Holdings Management Price Performance

Shares of NYSE RHLD opened at $102.99 on Friday. The firm has a market cap of $850.69 million, a PE ratio of 14.95 and a beta of -1.21. The company has a current ratio of 1.59, a quick ratio of 3.27 and a debt-to-equity ratio of 0.71. Resolute Holdings Management, Inc. has a 1-year low of $28.92 and a 1-year high of $236.19. The company has a fifty day moving average price of $143.81 and a 200 day moving average price of $171.10.

Hedge Funds Weigh In On Resolute Holdings Management

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company boosted its stake in Resolute Holdings Management by 59.9% in the 1st quarter. The Manufacturers Life Insurance Company now owns 2,130 shares of the company’s stock worth $346,000 after purchasing an additional 798 shares during the period. Quantinno Capital Management LP lifted its position in Resolute Holdings Management by 38.9% during the 1st quarter. Quantinno Capital Management LP now owns 6,277 shares of the company’s stock worth $1,019,000 after buying an additional 1,757 shares in the last quarter. Corsair Capital Management L.P. lifted its position in Resolute Holdings Management by 24.7% during the 1st quarter. Corsair Capital Management L.P. now owns 259,091 shares of the company’s stock worth $42,050,000 after buying an additional 51,317 shares in the last quarter. Renaissance Technologies LLC lifted its position in Resolute Holdings Management by 55.9% during the 1st quarter. Renaissance Technologies LLC now owns 19,800 shares of the company’s stock worth $3,214,000 after buying an additional 7,100 shares in the last quarter. Finally, Gamco Investors INC. ET AL lifted its position in Resolute Holdings Management by 1.1% during the 1st quarter. Gamco Investors INC. ET AL now owns 19,200 shares of the company’s stock worth $3,116,000 after buying an additional 200 shares in the last quarter.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Weiss Ratings lowered shares of Resolute Holdings Management from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, April 24th. Wall Street Zen lowered shares of Resolute Holdings Management from a “hold” rating to a “sell” rating in a research note on Saturday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Resolute Holdings Management has an average rating of “Sell”.

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.