Huntleigh Advisors Inc. Takes Position in Resolute Holdings Management, Inc. $RHLD

Huntleigh Advisors Inc. purchased a new position in shares of Resolute Holdings Management, Inc. (NYSE:RHLD) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 3,878 shares of the company’s stock, valued at approximately $801,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Farther Finance Advisors LLC bought a new stake in shares of Resolute Holdings Management during the 4th quarter worth $27,000. GAMMA Investing LLC bought a new position in Resolute Holdings Management in the fourth quarter valued at about $35,000. JPMorgan Chase & Co. bought a new position in Resolute Holdings Management in the third quarter valued at about $173,000. CWM LLC acquired a new position in Resolute Holdings Management during the fourth quarter worth about $189,000. Finally, SG Americas Securities LLC acquired a new position in Resolute Holdings Management during the fourth quarter worth about $267,000.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded shares of Resolute Holdings Management from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Resolute Holdings Management Stock Performance

NYSE RHLD opened at $138.71 on Monday. The firm’s fifty day moving average price is $159.93 and its two-hundred day moving average price is $167.88. The stock has a market cap of $1.17 billion and a PE ratio of -201.03. 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 $24.82 and a fifty-two week high of $236.19.

Insider Activity at Resolute Holdings Management

In other Resolute Holdings Management news, Director Jane J. Thompson sold 1,850 shares of the company’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $124.42, for a total value of $230,177.00. Following the completion of the transaction, the director owned 6,273 shares of the company’s stock, valued at $780,486.66. This represents a 22.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John D. Cote bought 552 shares of the stock in a transaction on Tuesday, March 17th. The stock was purchased at an average cost of $142.29 per share, with a total value of $78,544.08. Following the acquisition, the director owned 552 shares in the company, valued at approximately $78,544.08. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 51.20% of the stock is currently owned by company insiders.

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.