Polen Capital Management LLC Makes New $4.32 Million Investment in Resolute Holdings Management, Inc. $RHLD

Polen Capital Management LLC bought a new position in shares of Resolute Holdings Management, Inc. (NYSE:RHLD) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 20,915 shares of the company’s stock, valued at approximately $4,317,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Leo Wealth LLC acquired a new stake in Resolute Holdings Management during the 4th quarter worth $2,238,000. UBS Group AG acquired a new stake in Resolute Holdings Management during the 4th quarter worth $28,228,000. Truist Financial Corp acquired a new stake in Resolute Holdings Management during the 4th quarter worth $6,140,000. Huntleigh Advisors Inc. acquired a new stake in Resolute Holdings Management during the 4th quarter worth $801,000. Finally, Gamco Investors INC. ET AL acquired a new stake in Resolute Holdings Management during the 4th quarter worth $3,922,000.

Analyst Upgrades and Downgrades

RHLD has been the topic of several recent research reports. Weiss Ratings cut shares of Resolute Holdings Management from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, April 24th. Wall Street Zen lowered Resolute Holdings Management from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Insider Buying and Selling

In related news, CFO Kurt Schoen purchased 500 shares of Resolute Holdings Management stock in a transaction dated Tuesday, March 17th. The shares were acquired at an average price of $141.51 per share, for a total transaction of $70,755.00. Following the acquisition, the chief financial officer directly owned 2,400 shares in the company, valued at approximately $339,624. The trade was a 26.32% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jane J. Thompson sold 1,850 shares of Resolute Holdings Management stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $124.42, for a total value of $230,177.00. Following the transaction, the director owned 6,273 shares in the company, valued at approximately $780,486.66. This represents a 22.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have acquired 2,423 shares of company stock worth $297,999 in the last quarter. 52.80% of the stock is currently owned by insiders.

Resolute Holdings Management Stock Up 7.8%

NYSE RHLD opened at $129.83 on Friday. Resolute Holdings Management, Inc. has a 52 week low of $28.92 and a 52 week high of $236.19. The company has a quick ratio of 0.89, a current ratio of 1.59 and a debt-to-equity ratio of 0.71. The business’s fifty day simple moving average is $129.72 and its 200-day simple moving average is $167.79. The firm has a market cap of $1.07 billion, a PE ratio of 18.84 and a beta of -1.63.

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.