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

Resolute Holdings Management, Inc. (NYSE:RHLD) CFO Kurt Schoen acquired 450 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were purchased at an average cost of $108.34 per share, with a total value of $48,753.00. Following the completion of the acquisition, the chief financial officer directly owned 2,850 shares in the company, valued at approximately $308,769. The trade was a 18.75% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 shares were purchased at an average cost of $141.51 per share, with a total value of $70,755.00.

Resolute Holdings Management Trading Down 3.6%

Shares of RHLD stock traded down $3.79 on Friday, reaching $102.99. The company had a trading volume of 248,303 shares, compared to its average volume of 173,853. The company has a current ratio of 1.59, a quick ratio of 3.27 and a debt-to-equity ratio of 0.71. 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 50-day moving average of $143.81 and a 200-day moving average of $171.10. Resolute Holdings Management, Inc. has a 12 month low of $28.92 and a 12 month high of $236.19.

Institutional Trading of Resolute Holdings Management

Institutional investors and hedge funds have recently modified their holdings of the stock. KBC Group NV bought a new stake in shares of Resolute Holdings Management in the 1st quarter valued at about $25,000. Farther Finance Advisors LLC bought a new stake in shares of Resolute Holdings Management in the 4th quarter valued at about $27,000. GAMMA Investing LLC bought a new stake in shares of Resolute Holdings Management in the 4th quarter valued at about $35,000. Kestra Advisory Services LLC acquired a new position in shares of Resolute Holdings Management in the 4th quarter valued at approximately $52,000. Finally, California State Teachers Retirement System acquired a new position in shares of Resolute Holdings Management in the 4th quarter valued at approximately $54,000.

Analysts Set New Price Targets

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

Resolute Holdings Management Company Profile

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.