Susquehanna International Group LLP Buys 4,098 Shares of Resolute Holdings Management, Inc. $RHLD

Susquehanna International Group LLP lifted its stake in Resolute Holdings Management, Inc. (NYSE:RHLD) by 110.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 7,818 shares of the company’s stock after buying an additional 4,098 shares during the period. Susquehanna International Group LLP’s holdings in Resolute Holdings Management were worth $1,130,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of RHLD. Farther Finance Advisors LLC purchased a new position in shares of Resolute Holdings Management in the fourth quarter worth $27,000. KBC Group NV purchased a new stake in Resolute Holdings Management in the 1st quarter worth approximately $25,000. Kestra Advisory Services LLC bought a new stake in shares of Resolute Holdings Management in the 4th quarter worth approximately $52,000. California State Teachers Retirement System bought a new stake in shares of Resolute Holdings Management in the 4th quarter worth approximately $54,000. Finally, Atlas Capital Advisors Inc. purchased a new position in shares of Resolute Holdings Management during the fourth quarter valued at approximately $86,000.

Insider Activity at Resolute Holdings Management

In related news, CFO Kurt Schoen purchased 375 shares of Resolute Holdings Management stock in a transaction dated Thursday, August 20th. The stock was purchased at an average cost of $117.84 per share, for a total transaction of $44,190.00. Following the completion of the acquisition, the chief financial officer directly owned 3,225 shares of the company’s stock, valued at $380,034. The trade was a 13.16% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 52.80% of the company’s stock.

Analysts Set New Price Targets

RHLD has been the subject of a number of research analyst reports. Wall Street Zen raised Resolute Holdings Management from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Weiss Ratings restated a “sell (e+)” rating on shares of Resolute Holdings Management in a report on Tuesday, July 21st. One equities 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 Down 0.0%

NYSE:RHLD opened at $135.53 on Monday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.35 and a quick ratio of 0.82. The firm’s 50-day moving average price is $133.63 and its 200-day moving average price is $140.82. The company has a market capitalization of $1.06 billion, a PE ratio of 24.96 and a beta of -1.29. Resolute Holdings Management, Inc. has a 1-year low of $62.56 and a 1-year high of $236.19.

Resolute Holdings Management (NYSE:RHLD) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.69 EPS for the quarter. The business had revenue of $473.20 million for the quarter. Resolute Holdings Management had a net margin of 4.21% and a return on equity of 3.55%.

Resolute Holdings Management 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.