Resolute Holdings Management, Inc. $RHLD Stake Increased by Atom Investors LP

Atom Investors LP increased its stake in Resolute Holdings Management, Inc. (NYSE:RHLD) by 257.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,250 shares of the company’s stock after buying an additional 34,029 shares during the period. Resolute Holdings Management comprises about 0.8% of Atom Investors LP’s investment portfolio, making the stock its 16th largest position. Atom Investors LP owned approximately 0.56% of Resolute Holdings Management worth $9,754,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Royal Bank of Canada boosted its holdings in Resolute Holdings Management by 320.1% in the fourth quarter. Royal Bank of Canada now owns 962 shares of the company’s stock worth $199,000 after purchasing an additional 733 shares during the period. Ashford Capital Management Inc. acquired a new position in Resolute Holdings Management in the fourth quarter worth $260,000. Mariner LLC acquired a new position in Resolute Holdings Management in the fourth quarter worth $335,000. Barclays PLC acquired a new position in Resolute Holdings Management in the fourth quarter worth $1,367,000. Finally, Bard Associates Inc. acquired a new position in Resolute Holdings Management in the fourth quarter worth $120,000.

Analysts Set New Price Targets

A number of equities analysts have commented on RHLD shares. Weiss Ratings downgraded shares of Resolute Holdings Management from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, April 24th. Wall Street Zen downgraded shares of 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, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Insider Buying and Selling at Resolute Holdings Management

In other news, Director Krishna Mikkilineni purchased 921 shares of Resolute Holdings Management stock in a transaction dated Thursday, May 14th. The stock was bought at an average price of $108.52 per share, with a total value of $99,946.92. Following the completion of the acquisition, the director owned 1,145 shares in the company, valued at $124,255.40. The trade was a 411.16% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Kurt Schoen purchased 450 shares of Resolute Holdings Management stock in a transaction dated 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 acquisition, the chief financial officer owned 2,850 shares of the company’s stock, valued at approximately $308,769. This trade represents a 18.75% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 52.80% of the company’s stock.

Resolute Holdings Management Stock Performance

Shares of RHLD opened at $123.96 on Wednesday. Resolute Holdings Management, Inc. has a 1 year low of $28.92 and a 1 year high of $236.19. The company has a market cap of $1.02 billion, a price-to-earnings ratio of 17.99 and a beta of -1.63. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.89 and a current ratio of 1.59. The firm has a fifty day moving average of $128.05 and a 200-day moving average of $166.70.

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.