Insider Selling: Resolute Holdings Management (NYSE:RHLD) Director Sells $230,177.00 in Stock

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

Resolute Holdings Management Stock Performance

Shares of RHLD opened at $159.96 on Friday. The company has a quick ratio of 3.27, a current ratio of 3.84 and a debt-to-equity ratio of 2.18. Resolute Holdings Management, Inc. has a 52-week low of $24.22 and a 52-week high of $236.19. The company has a 50-day simple moving average of $184.56 and a 200-day simple moving average of $152.38. The company has a market capitalization of $1.35 billion and a PE ratio of -231.83.

Analyst Ratings Changes

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

Institutional Trading of Resolute Holdings Management

Several large investors have recently bought and sold shares of the company. Corient Private Wealth LLC purchased a new position in shares of Resolute Holdings Management in the fourth quarter valued at $314,000. Invesco Ltd. purchased a new stake in Resolute Holdings Management during the 4th quarter worth $9,859,000. NewEdge Advisors LLC acquired a new position in Resolute Holdings Management in the 4th quarter worth $452,000. XTX Topco Ltd acquired a new position in Resolute Holdings Management in the 4th quarter worth $376,000. Finally, Wellington Management Group LLP purchased a new position in Resolute Holdings Management in the 4th quarter valued at about $21,414,000.

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.