Resolute Holdings Management (NYSE:RHLD) Sets New 1-Year High – Should You Buy?

by · The Markets Daily

Resolute Holdings Management, Inc. (NYSE:RHLD – Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $230.66 and last traded at $232.0190, with a volume of 65690 shares changing hands. The stock had previously closed at $211.22.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued 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, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

View Our Latest Report on Resolute Holdings Management

Resolute Holdings Management Trading Up 6.7%

The company has a current ratio of 3.67, a quick ratio of 3.05 and a debt-to-equity ratio of 4.17. The firm has a market cap of $1.92 billion and a PE ratio of -459.83. The firm has a fifty day simple moving average of $190.88 and a two-hundred day simple moving average of $106.42.

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

Insider Transactions at Resolute Holdings Management

In related news, CFO Kurt Schoen bought 900 shares of the business’s stock in a transaction dated Tuesday, November 18th. The shares were purchased at an average price of $149.23 per share, with a total value of $134,307.00. Following the purchase, the chief financial officer owned 1,900 shares of the company’s stock, valued at approximately $283,537. This trade represents a 90.00% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Timothy O. Mahoney purchased 3,268 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The stock was bought at an average cost of $152.98 per share, with a total value of $499,938.64. Following the completion of the purchase, the director owned 9,207 shares of the company’s stock, valued at $1,408,486.86. This represents a 55.03% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 11,107 shares of company stock worth $1,800,036 in the last ninety days. Insiders own 50.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. purchased a new stake in Resolute Holdings Management in the third quarter worth $173,000. SG Americas Securities LLC purchased a new position in Resolute Holdings Management during the fourth quarter valued at $267,000. Finally, GAMMA Investing LLC bought a new stake in shares of Resolute Holdings Management during the 4th quarter valued at $35,000.

Resolute Holdings Management Company Profile

(Get Free Report)

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.

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