iSAM Funds UK Ltd Buys New Position in Resideo Technologies, Inc. (NYSE:REZI)

iSAM Funds UK Ltd acquired a new position in Resideo Technologies, Inc. (NYSE:REZI - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 25,827 shares of the company's stock, valued at approximately $520,000.

Several other hedge funds have also added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its position in Resideo Technologies by 50.0% during the second quarter. GAMMA Investing LLC now owns 1,592 shares of the company's stock worth $31,000 after purchasing an additional 531 shares during the period. International Assets Investment Management LLC boosted its holdings in Resideo Technologies by 1,740.5% in the 3rd quarter. International Assets Investment Management LLC now owns 2,135 shares of the company's stock worth $43,000 after buying an additional 2,019 shares during the period. Blue Trust Inc. grew its stake in Resideo Technologies by 55.0% in the 3rd quarter. Blue Trust Inc. now owns 2,515 shares of the company's stock valued at $49,000 after buying an additional 892 shares in the last quarter. Quarry LP grew its stake in Resideo Technologies by 79.7% in the 2nd quarter. Quarry LP now owns 2,892 shares of the company's stock valued at $57,000 after buying an additional 1,283 shares in the last quarter. Finally, nVerses Capital LLC raised its holdings in Resideo Technologies by 1,166.7% during the 2nd quarter. nVerses Capital LLC now owns 3,800 shares of the company's stock valued at $74,000 after acquiring an additional 3,500 shares during the period. Institutional investors own 91.71% of the company's stock.

Insiders Place Their Bets

In other 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 transaction, the insider now directly owns 458,928 shares in the company, valued at $12,005,556.48. The trade was a 17.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is owned by corporate insiders.

Resideo Technologies Stock Performance

Shares of Resideo Technologies stock traded up $0.26 during trading hours 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 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 one year low of $16.36 and a one year high of $28.28. 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 business has a fifty day simple moving average of $22.95 and a 200 day simple moving average of $21.04.

About Resideo Technologies

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.