Timothy Mahoney Acquires 3,268 Shares of Resolute Holdings Management (NYSE:RHLD) Stock

Resolute Holdings Management, Inc. (NYSE:RHLD) Director Timothy Mahoney bought 3,268 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was purchased at an average price of $152.98 per share, for a total transaction of $499,938.64. Following the completion of the acquisition, the director owned 9,207 shares of the company’s stock, valued at approximately $1,408,486.86. This trade represents a 55.03% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Resolute Holdings Management Price Performance

Shares of RHLD stock opened at $171.67 on Friday. The company has a quick ratio of 3.05, a current ratio of 3.67 and a debt-to-equity ratio of 4.17. Resolute Holdings Management, Inc. has a 12-month low of $22.75 and a 12-month high of $191.46. The firm has a fifty day moving average of $101.84 and a 200-day moving average of $63.50. The firm has a market capitalization of $1.46 billion and a price-to-earnings ratio of -350.34.

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

Analysts Set New Price Targets

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