Vanguard Group Inc. Invests $47.15 Million in Resolute Holdings Management, Inc. $RHLD

Vanguard Group Inc. bought a new stake in Resolute Holdings Management, Inc. (NYSE:RHLD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 228,403 shares of the company’s stock, valued at approximately $47,149,000. Vanguard Group Inc. owned about 2.68% of Resolute Holdings Management at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new position in shares of Resolute Holdings Management during the 4th quarter worth about $27,000. GAMMA Investing LLC purchased a new position in shares of Resolute Holdings Management during the 4th quarter worth about $35,000. CWM LLC purchased a new position in shares of Resolute Holdings Management during the 4th quarter worth about $189,000. SG Americas Securities LLC purchased a new stake in shares of Resolute Holdings Management during the 4th quarter worth about $267,000. Finally, State of Alaska Department of Revenue purchased a new stake in shares of Resolute Holdings Management during the 4th quarter worth about $282,000.

Insider Transactions at Resolute Holdings Management

In related news, Director John D. Cote bought 552 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were purchased at an average cost of $142.29 per share, with a total value of $78,544.08. Following the completion of the transaction, the director directly owned 552 shares of the company’s stock, valued at approximately $78,544.08. This represents a ? increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Kurt Schoen bought 450 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was bought at an average cost of $108.34 per share, for a total transaction of $48,753.00. Following the completion of the transaction, the chief financial officer directly owned 2,850 shares of the company’s stock, valued at $308,769. This trade represents a 18.75% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders acquired 2,423 shares of company stock valued at $297,999. 52.80% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

RHLD has been the subject of a number of research reports. Weiss Ratings cut Resolute Holdings Management from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, April 24th. Wall Street Zen cut Resolute Holdings Management from a “hold” rating to a “sell” rating in a report on Saturday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Resolute Holdings Management Stock Down 3.6%

NYSE RHLD opened at $102.99 on Friday. The stock has a market cap of $850.69 million, a PE ratio of 14.95 and a beta of -1.21. 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 business has a 50 day moving average price of $143.81 and a two-hundred day moving average price of $171.10. Resolute Holdings Management, Inc. has a fifty-two week low of $28.92 and a fifty-two week high of $236.19.

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.