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

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

Resolute Holdings Management Stock Performance

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

Resolute Holdings Management (NYSE:RHLD) last released its earnings results on Monday, November 3rd. The company reported $0.13 earnings per share (EPS) 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.

Wall Street Analysts Forecast Growth

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