Resolute Holdings Management (NYSE:RHLD) CFO Kurt Schoen Buys 1,000 Shares

Resolute Holdings Management, Inc. (NYSE:RHLD) CFO Kurt Schoen bought 1,000 shares of the business’s stock in a transaction on Friday, November 7th. The shares were purchased at an average cost of $164.95 per share, with a total value of $164,950.00. Following the transaction, the chief financial officer owned 1,000 shares in the company, valued at approximately $164,950. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Resolute Holdings Management Trading Down 11.7%

Shares of NYSE:RHLD opened at $159.86 on Thursday. 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 stock’s 50-day moving average is $88.40 and its 200-day moving average is $57.01. The company has a market cap of $1.36 billion and a P/E ratio of -326.25. Resolute Holdings Management, Inc. has a 52-week low of $22.75 and a 52-week high of $191.46.

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

Wall Street Analyst Weigh In

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