Resolute Holdings Management (NYSE:RHLD) Director John Cote Buys 552 Shares

Resolute Holdings Management, Inc. (NYSE:RHLD) Director John Cote bought 552 shares of Resolute Holdings Management stock in a transaction on Tuesday, March 17th. The stock was acquired at an average cost of $142.29 per share, with a total value of $78,544.08. Following the acquisition, the director owned 552 shares in the company, valued at approximately $78,544.08. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Resolute Holdings Management Stock Up 5.1%

Shares of RHLD stock traded up $7.84 during mid-day trading on Thursday, hitting $162.16. The company’s stock had a trading volume of 3,594 shares, compared to its average volume of 185,125. The stock has a market cap of $1.37 billion and a price-to-earnings ratio of -234.98. The company has a debt-to-equity ratio of 2.18, a quick ratio of 3.27 and a current ratio of 3.84. Resolute Holdings Management, Inc. has a 52-week low of $24.22 and a 52-week high of $236.19. The business has a 50-day moving average price of $186.24 and a 200 day moving average price of $151.65.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Resolute Holdings Management in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Resolute Holdings Management currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Resolute Holdings Management

Large investors have recently added to or reduced their stakes in the stock. Savant Capital LLC purchased a new position in shares of Resolute Holdings Management in the 4th quarter worth $214,000. State of Wyoming purchased a new stake in Resolute Holdings Management during the fourth quarter valued at $552,000. FourThought Financial Partners LLC bought a new position in Resolute Holdings Management in the fourth quarter valued at about $404,000. Creative Financial Designs Inc. ADV purchased a new position in Resolute Holdings Management in the fourth quarter worth about $181,000. Finally, NewEdge Wealth LLC purchased a new position in Resolute Holdings Management in the fourth quarter worth about $735,000.

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.