Resolute Holdings Management (NYSE:RHLD) Shares Down 6.7% – What’s Next?

Resolute Holdings Management, Inc. (NYSE:RHLD)’s share price was down 6.7% during trading on Monday . The company traded as low as $126.24 and last traded at $124.9390. Approximately 20,702 shares were traded during mid-day trading, a decline of 89% from the average session volume of 189,623 shares. The stock had previously closed at $133.96.

Analyst Ratings Changes

RHLD has been the topic of several recent research reports. Weiss Ratings lowered Resolute Holdings Management from a “sell (d-)” rating to a “sell (e+)” rating in a report 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, May 16th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Resolute Holdings Management Price Performance

The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.89 and a current ratio of 1.59. The company has a market capitalization of $1.20 billion, a P/E ratio of 21.08 and a beta of -1.63. The firm’s fifty day moving average is $123.37 and its 200 day moving average is $162.31.

Insider Activity at Resolute Holdings Management

In other Resolute Holdings Management news, CFO Kurt Schoen purchased 450 shares of Resolute Holdings Management stock in a transaction dated 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 acquisition, the chief financial officer owned 2,850 shares in the company, valued at $308,769. This represents a 18.75% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Krishna Mikkilineni purchased 921 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average cost of $108.52 per share, with a total value of $99,946.92. Following the completion of the purchase, the director directly owned 1,145 shares in the company, valued at $124,255.40. The trade was 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 owned by insiders.

Institutional Trading of Resolute Holdings Management

A number of hedge funds and other institutional investors have recently bought and sold shares of RHLD. Locust Wood Capital Advisers LLC purchased a new stake in shares of Resolute Holdings Management during the fourth quarter valued at $112,292,000. Balance Capital Partners L.P. purchased a new position in Resolute Holdings Management in the 4th quarter worth about $52,169,000. Vanguard Group Inc. purchased a new position in Resolute Holdings Management in the 4th quarter worth about $47,149,000. Corsair Capital Management L.P. bought a new stake in Resolute Holdings Management during the 4th quarter valued at about $42,891,000. Finally, UBS Group AG bought a new stake in Resolute Holdings Management during the 4th quarter valued at about $28,228,000.

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.