Resolute Holdings Management, Inc. $RHLD Shares Acquired by Atom Investors LP

Atom Investors LP increased its stake in Resolute Holdings Management, Inc. (NYSE:RHLD) by 257.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 47,250 shares of the company’s stock after purchasing an additional 34,029 shares during the quarter. Resolute Holdings Management comprises about 0.8% of Atom Investors LP’s portfolio, making the stock its 16th biggest holding. Atom Investors LP’s holdings in Resolute Holdings Management were worth $9,754,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of RHLD. Locust Wood Capital Advisers LLC acquired a new stake in Resolute Holdings Management in the fourth quarter worth about $112,292,000. Balance Capital Partners L.P. acquired a new stake in Resolute Holdings Management in the fourth quarter worth about $52,169,000. Vanguard Group Inc. acquired a new stake in Resolute Holdings Management in the fourth quarter worth about $47,149,000. UBS Group AG acquired a new stake in Resolute Holdings Management in the fourth quarter worth about $28,228,000. Finally, Geode Capital Management LLC acquired a new stake in Resolute Holdings Management in the fourth quarter worth about $25,691,000.

Resolute Holdings Management Price Performance

Shares of Resolute Holdings Management stock opened at $123.96 on Wednesday. The company has a current ratio of 1.59, a quick ratio of 0.89 and a debt-to-equity ratio of 0.71. The company’s 50-day moving average price is $128.05 and its two-hundred day moving average price is $166.70. Resolute Holdings Management, Inc. has a 52 week low of $28.92 and a 52 week high of $236.19. The stock has a market cap of $1.02 billion, a PE ratio of 17.99 and a beta of -1.63.

Analyst Ratings Changes

RHLD has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Resolute Holdings Management from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Weiss Ratings cut shares of Resolute Holdings Management from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Resolute Holdings Management currently has an average rating of “Sell”.

Insider Activity

In other Resolute Holdings Management news, CFO Kurt Schoen purchased 450 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were purchased at an average cost of $108.34 per share, for a total transaction of $48,753.00. Following the completion of the transaction, the chief financial officer owned 2,850 shares in the company, valued at $308,769. The trade was a 18.75% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Krishna Mikkilineni acquired 921 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were bought at an average price of $108.52 per share, for a total transaction of $99,946.92. Following the acquisition, the director owned 1,145 shares in the company, valued at approximately $124,255.40. This trade represents a 411.16% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 52.80% of the stock is currently owned by insiders.

Resolute Holdings Management 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.