Resolute Holdings Management (NYSE:RHLD) CFO Kurt Schoen Purchases 900 Shares

Resolute Holdings Management, Inc. (NYSE:RHLD) CFO Kurt Schoen bought 900 shares of the company’s stock in a transaction dated Tuesday, November 18th. The stock was bought at an average price of $149.23 per share, for a total transaction of $134,307.00. Following the acquisition, the chief financial officer directly owned 1,900 shares of the company’s stock, valued at approximately $283,537. This represents a 90.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Friday, November 7th, Kurt Schoen purchased 1,000 shares of Resolute Holdings Management stock. The shares were bought at an average price of $164.95 per share, with a total value of $164,950.00.

Resolute Holdings Management Stock Down 0.5%

NYSE RHLD traded down $0.81 on Thursday, reaching $164.16. The company had a trading volume of 75,690 shares, compared to its average volume of 82,970. The company has a quick ratio of 3.05, a current ratio of 3.67 and a debt-to-equity ratio of 4.17. The company’s fifty day moving average is $99.78 and its 200 day moving average is $62.49. Resolute Holdings Management, Inc. has a 52-week low of $22.75 and a 52-week high of $191.46. The stock has a market capitalization of $1.40 billion and a P/E ratio of -335.02.

Resolute Holdings Management (NYSE:RHLD) last posted its earnings results on Monday, November 3rd. The company reported $0.13 earnings per share (EPS) for the quarter. The firm had revenue of $120.87 million during the quarter. Resolute Holdings Management had a net margin of 23.82% and a negative return on equity of 646.55%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Resolute Holdings Management in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently 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.