543,969 Shares in Resolute Holdings Management, Inc. $RHLD Bought by Locust Wood Capital Advisers LLC

Locust Wood Capital Advisers LLC purchased a new stake in shares of Resolute Holdings Management, Inc. (NYSE:RHLD) during the fourth quarter, HoldingsChannel reports. The fund purchased 543,969 shares of the company’s stock, valued at approximately $112,292,000. Resolute Holdings Management comprises 2.7% of Locust Wood Capital Advisers LLC’s holdings, making the stock its 18th largest holding. Locust Wood Capital Advisers LLC owned 0.06% of Resolute Holdings Management at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. State of Wyoming bought a new stake in Resolute Holdings Management during the 4th quarter valued at approximately $552,000. Goldman Sachs Group Inc. raised its position in shares of Resolute Holdings Management by 470.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 50,915 shares of the company’s stock valued at $10,510,000 after buying an additional 41,991 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Resolute Holdings Management by 2,885.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 806 shares of the company’s stock worth $166,000 after buying an additional 779 shares in the last quarter. Savant Capital LLC purchased a new position in shares of Resolute Holdings Management in the fourth quarter worth $214,000. Finally, Intech Investment Management LLC bought a new position in shares of Resolute Holdings Management during the fourth quarter worth $286,000.

Analyst Ratings Changes

A number of analysts have issued reports on RHLD shares. Weiss Ratings downgraded shares of Resolute Holdings Management from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, April 24th. Wall Street Zen downgraded shares of Resolute Holdings Management from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Insider Buying and Selling at Resolute Holdings Management

In other news, Director Jane J. Thompson sold 1,850 shares of the business’s stock in a transaction dated 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 directly owned 6,273 shares in the company, valued at $780,486.66. The trade was a 22.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Kurt Schoen bought 500 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 2,400 shares in the company, valued at approximately $339,624. This represents a 26.32% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders acquired 2,423 shares of company stock valued at $297,999. Corporate insiders own 52.80% of the company’s stock.

Resolute Holdings Management Trading Down 1.2%

Shares of RHLD opened at $117.31 on Monday. The company’s fifty day moving average is $132.38 and its 200 day moving average is $169.03. Resolute Holdings Management, Inc. has a fifty-two week low of $28.92 and a fifty-two week high of $236.19. The stock has a market capitalization of $969.01 million, a PE ratio of 17.03 and a beta of -1.62. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.89 and a current ratio of 1.59.

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.