Holocene Advisors LP Takes $471,000 Position in Resideo Technologies, Inc. (NYSE:REZI)

Holocene Advisors LP acquired a new stake in Resideo Technologies, Inc. (NYSE:REZI - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 23,385 shares of the company's stock, valued at approximately $471,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Paloma Partners Management Co acquired a new position in shares of Resideo Technologies in the third quarter valued at approximately $213,000. Edgestream Partners L.P. bought a new position in Resideo Technologies in the third quarter valued at about $4,530,000. Martingale Asset Management L P grew its position in Resideo Technologies by 17.9% in the third quarter. Martingale Asset Management L P now owns 61,322 shares of the company's stock valued at $1,235,000 after acquiring an additional 9,304 shares during the last quarter. Beaconlight Capital LLC boosted its stake in shares of Resideo Technologies by 64.9% during the third quarter. Beaconlight Capital LLC now owns 1,088,926 shares of the company's stock valued at $21,931,000 after purchasing an additional 428,669 shares in the last quarter. Finally, FMR LLC boosted its stake in shares of Resideo Technologies by 22.7% during the third quarter. FMR LLC now owns 165,001 shares of the company's stock valued at $3,323,000 after purchasing an additional 30,538 shares in the last quarter. 91.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Resideo Technologies

In related news, insider Robert B. Aarnes sold 98,829 shares of the company's stock in a transaction on Wednesday, November 20th. The stock was 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 owns 458,928 shares in the company, valued at approximately $12,005,556.48. This represents a 17.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.50% of the company's stock.

Resideo Technologies Trading Up 1.0 %

Shares of Resideo Technologies stock traded up $0.26 during midday trading on Friday, reaching $27.26. The company had a trading volume of 873,677 shares, compared to its average volume of 1,080,438. The stock has a fifty day moving average price of $22.95 and a 200 day moving average price of $21.03. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10. The firm has a market cap of $4.01 billion, a PE ratio of 24.56 and a beta of 2.17. Resideo Technologies, Inc. has a fifty-two week low of $16.36 and a fifty-two week high of $28.28.

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.