Resolute Holdings Management (NYSE:RHLD) Director Timothy Mahoney Purchases 3,268 Shares

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

Resolute Holdings Management Stock Down 0.5%

NYSE RHLD traded down $0.81 during mid-day trading on Thursday, reaching $164.16. 75,690 shares of the stock were exchanged, compared to its average volume of 82,970. The company has a debt-to-equity ratio of 4.17, a quick ratio of 3.05 and a current ratio of 3.67. The business’s 50 day moving average is $99.78 and its 200-day moving average is $62.49. Resolute Holdings Management, Inc. has a 1 year low of $22.75 and a 1 year high of $191.46.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Resolute Holdings Management in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Resolute Holdings Management has an average 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.