Geode Capital Management LLC Acquires 26,000 Shares of Resideo Technologies, Inc. (NYSE:REZI)

Geode Capital Management LLC boosted its position in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 0.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 3,363,750 shares of the company's stock after purchasing an additional 26,000 shares during the quarter. Geode Capital Management LLC owned about 2.29% of Resideo Technologies worth $67,759,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of REZI. State Street Corp lifted its stake in shares of Resideo Technologies by 2.0% in the third quarter. State Street Corp now owns 8,060,486 shares of the company's stock worth $162,338,000 after buying an additional 159,069 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Resideo Technologies by 5.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 7,822,902 shares of the company's stock worth $153,015,000 after acquiring an additional 397,864 shares during the last quarter. Pacer Advisors Inc. lifted its position in Resideo Technologies by 14.8% in the 2nd quarter. Pacer Advisors Inc. now owns 6,104,301 shares of the company's stock valued at $119,400,000 after acquiring an additional 787,934 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Resideo Technologies by 3.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,545,865 shares of the company's stock valued at $31,134,000 after purchasing an additional 54,508 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Resideo Technologies by 1.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,312,932 shares of the company's stock valued at $25,681,000 after purchasing an additional 17,505 shares during the last quarter. 91.71% of the stock is owned by hedge funds and other institutional investors.

Resideo Technologies Stock Up 0.5 %

Shares of REZI stock traded up $0.12 during mid-day trading on Friday, hitting $24.51. The company's stock had a trading volume of 8,812,187 shares, compared to its average volume of 908,008. The stock has a market cap of $3.60 billion, a price-to-earnings ratio of 22.08 and a beta of 2.17. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.82. Resideo Technologies, Inc. has a 52-week low of $16.36 and a 52-week high of $28.28. The business has a 50-day moving average price of $24.14 and a 200 day moving average price of $21.34.

Insider Buying and Selling at Resideo Technologies

In other Resideo Technologies news, insider Robert B. Aarnes sold 98,829 shares of the business's stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $26.16, for a total transaction of $2,585,366.64. Following the completion of the sale, the insider now directly owns 458,928 shares in the company, valued at approximately $12,005,556.48. The trade was a 17.72 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.50% of the company's stock.

Resideo Technologies Company Profile

Resideo Technologies, Inc develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution.