Resolute Holdings Management (NYSE:RHLD) Director Jane Thompson Sells 1,850 Shares of Stock

Resolute Holdings Management, Inc. (NYSE:RHLD) Director Jane Thompson sold 1,850 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $124.42, for a total value of $230,177.00. Following the sale, the director owned 6,273 shares of the company’s stock, valued at approximately $780,486.66. The trade was a 22.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Resolute Holdings Management Stock Performance

RHLD opened at $153.41 on Thursday. The company has a quick ratio of 3.27, a current ratio of 3.84 and a debt-to-equity ratio of 2.18. The stock’s 50 day moving average price is $186.24 and its two-hundred day moving average price is $151.65. The firm has a market capitalization of $1.30 billion and a P/E ratio of -222.33. Resolute Holdings Management, Inc. has a 12-month low of $24.22 and a 12-month high of $236.19.

Institutional Trading of Resolute Holdings Management

Several institutional investors have recently modified their holdings of RHLD. Locust Wood Capital Advisers LLC acquired a new position in shares of Resolute Holdings Management in the fourth quarter valued at $112,292,000. Balance Capital Partners L.P. acquired a new stake in Resolute Holdings Management during the fourth quarter worth $52,169,000. Vanguard Group Inc. acquired a new stake in Resolute Holdings Management during the fourth quarter worth $47,149,000. Corsair Capital Management L.P. bought a new stake in Resolute Holdings Management in the 4th quarter valued at $42,891,000. Finally, UBS Group AG acquired a new position in shares of Resolute Holdings Management in the 4th quarter valued at $28,228,000.

Analyst Ratings Changes

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