Resolute Holdings Management (NYSE:RHLD) CFO Kurt Schoen Buys 450 Shares

Resolute Holdings Management, Inc. (NYSE:RHLD) CFO Kurt Schoen acquired 450 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was acquired at an average price of $108.34 per share, with a total value of $48,753.00. Following the completion of the transaction, the chief financial officer directly owned 2,850 shares in the company, valued at $308,769. This trade represents a 18.75% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Kurt Schoen also recently made the following trade(s):

• On Tuesday, March 17th, Kurt Schoen acquired 500 shares of Resolute Holdings Management stock. The stock was acquired at an average price of $141.51 per share, with a total value of $70,755.00.

Resolute Holdings Management Stock Down 3.6%

Shares of RHLD traded down $3.79 on Friday, hitting $102.99. The company’s stock had a trading volume of 248,303 shares, compared to its average volume of 173,853. The company has a quick ratio of 3.27, a current ratio of 1.59 and a debt-to-equity ratio of 0.71. The firm’s fifty day moving average price is $143.81 and its 200-day moving average price is $171.10. Resolute Holdings Management, Inc. has a fifty-two week low of $28.92 and a fifty-two week high of $236.19. The firm has a market capitalization of $850.69 million, a price-to-earnings ratio of 14.95 and a beta of -1.21.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered Resolute Holdings Management from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Hedge Funds Weigh In On Resolute Holdings Management

Hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC bought a new position in shares of Resolute Holdings Management during the 4th quarter worth approximately $27,000. KBC Group NV bought a new position in shares of Resolute Holdings Management during the 1st quarter worth approximately $25,000. GAMMA Investing LLC bought a new position in shares of Resolute Holdings Management during the 4th quarter worth approximately $35,000. Kestra Advisory Services LLC bought a new position in shares of Resolute Holdings Management during the 4th quarter worth approximately $52,000. Finally, California State Teachers Retirement System bought a new position in shares of Resolute Holdings Management during the 4th quarter worth approximately $54,000.

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.