Resolute Holdings Management (NYSE:RHLD) Director Purchases $1,000,840.28 in Stock

Resolute Holdings Management, Inc. (NYSE:RHLD) Director Timothy Mahoney purchased 5,939 shares of the firm’s stock in a transaction on Friday, November 7th. The stock was acquired at an average price of $168.52 per share, with a total value of $1,000,840.28. Following the completion of the purchase, the director owned 5,939 shares of the company’s stock, valued at $1,000,840.28. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Resolute Holdings Management Price Performance

Shares of RHLD stock opened at $164.95 on Friday. Resolute Holdings Management, Inc. has a fifty-two week low of $22.75 and a fifty-two week high of $191.46. 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 firm has a market capitalization of $1.41 billion and a price-to-earnings ratio of -336.63. The stock’s 50-day simple moving average is $92.37 and its 200-day simple moving average is $58.75.

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

Wall Street Analysts Forecast Growth

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