Resolute Holdings Management (NYSE:RHLD) CFO Kurt Schoen Purchases 500 Shares

Resolute Holdings Management, Inc. (NYSE:RHLD) CFO Kurt Schoen purchased 500 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were acquired at an average price of $141.51 per share, for a total transaction of $70,755.00. Following the completion of the purchase, the chief financial officer directly owned 2,400 shares of the company’s stock, valued at approximately $339,624. This trade represents a 26.32% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Resolute Holdings Management Stock Up 5.1%

Shares of RHLD traded up $7.84 during mid-day trading on Thursday, hitting $162.16. 3,594 shares of the company’s stock were exchanged, compared to its average volume of 185,125. The stock’s 50-day moving average is $186.24 and its 200-day moving average is $151.65. The company has a debt-to-equity ratio of 2.18, a quick ratio of 3.27 and a current ratio of 3.84. Resolute Holdings Management, Inc. has a fifty-two week low of $24.22 and a fifty-two week high of $236.19. The company has a market cap of $1.37 billion and a price-to-earnings ratio of -234.98.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC purchased a new stake in Resolute Holdings Management during the 4th quarter worth about $27,000. GAMMA Investing LLC purchased a new position in shares of Resolute Holdings Management in the 4th quarter valued at about $35,000. Kestra Advisory Services LLC purchased a new position in shares of Resolute Holdings Management in the 4th quarter valued at about $52,000. California State Teachers Retirement System acquired a new position in shares of Resolute Holdings Management during the fourth quarter worth about $54,000. Finally, Atlas Capital Advisors Inc. acquired a new position in shares of Resolute Holdings Management during the fourth quarter worth about $86,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Resolute Holdings Management in a report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Resolute Holdings Management currently has a consensus 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.