Susquehanna International Group LLP Purchases 4,098 Shares of Resolute Holdings Management, Inc. $RHLD

Susquehanna International Group LLP grew its position in shares of Resolute Holdings Management, Inc. (NYSE:RHLD) by 110.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,818 shares of the company’s stock after buying an additional 4,098 shares during the period. Susquehanna International Group LLP owned 0.10% of Resolute Holdings Management worth $1,130,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in RHLD. KBC Group NV bought a new stake in Resolute Holdings Management in the 1st quarter valued at about $25,000. Farther Finance Advisors LLC purchased a new position in Resolute Holdings Management during the 4th quarter valued at about $27,000. Kestra Advisory Services LLC bought a new stake in shares of Resolute Holdings Management during the fourth quarter valued at about $52,000. California State Teachers Retirement System bought a new stake in shares of Resolute Holdings Management during the fourth quarter valued at about $54,000. Finally, Bard Associates Inc. purchased a new stake in Resolute Holdings Management in the 2nd quarter worth approximately $84,000.

Resolute Holdings Management Price Performance

Shares of Resolute Holdings Management stock opened at $135.53 on Monday. The company has a current ratio of 1.35, a quick ratio of 0.82 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $1.06 billion, a PE ratio of 24.96 and a beta of -1.29. The business’s 50-day moving average price is $133.63 and its 200-day moving average price is $140.82. Resolute Holdings Management, Inc. has a 12 month low of $62.56 and a 12 month high of $236.19.

Resolute Holdings Management (NYSE:RHLD) last released its earnings results on Thursday, August 6th. The company reported $0.69 earnings per share for the quarter. The company had revenue of $473.20 million during the quarter. Resolute Holdings Management had a return on equity of 3.55% and a net margin of 4.21%.

Insider Buying and Selling

In other Resolute Holdings Management news, CFO Kurt Schoen purchased 375 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were purchased at an average cost of $117.84 per share, with a total value of $44,190.00. Following the completion of the purchase, the chief financial officer owned 3,225 shares of the company’s stock, valued at $380,034. The trade was a 13.16% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 52.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of Resolute Holdings Management in a research note on Tuesday, July 21st. Wall Street Zen upgraded Resolute Holdings Management from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

About Resolute Holdings Management

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.