Kurt Schoen Purchases 900 Shares of Resolute Holdings Management (NYSE:RHLD) Stock

Resolute Holdings Management, Inc. (NYSE:RHLD) CFO Kurt Schoen acquired 900 shares of Resolute Holdings Management stock in a transaction dated Tuesday, November 18th. The shares were bought at an average cost of $149.23 per share, with a total value of $134,307.00. Following the transaction, the chief financial officer owned 1,900 shares in the company, valued at approximately $283,537. This trade represents a 90.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Friday, November 7th, Kurt Schoen bought 1,000 shares of Resolute Holdings Management stock. The shares were bought at an average cost of $164.95 per share, for a total transaction of $164,950.00.

Resolute Holdings Management Stock Down 0.5%

NYSE:RHLD traded down $0.81 during trading hours on Thursday, reaching $164.16. The company had a trading volume of 75,690 shares, compared to its average volume of 82,970. Resolute Holdings Management, Inc. has a twelve month low of $22.75 and a twelve month high of $191.46. The company has a quick ratio of 3.05, a current ratio of 3.67 and a debt-to-equity ratio of 4.17. The firm has a market cap of $1.40 billion and a price-to-earnings ratio of -335.02. The business’s 50-day simple moving average is $99.78 and its two-hundred day simple moving average is $62.49.

Resolute Holdings Management (NYSE:RHLD) last announced its quarterly earnings data on Monday, November 3rd. The company reported $0.13 earnings per share for the quarter. The firm had revenue of $120.87 million for the quarter. Resolute Holdings Management had a net margin of 23.82% and a negative return on equity of 646.55%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Resolute Holdings Management in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

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.