Resideo Technologies, Inc. (NYSE:REZI) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its position in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 16.6% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,007,980 shares of the company's stock after purchasing an additional 143,452 shares during the period. JPMorgan Chase & Co. owned approximately 0.69% of Resideo Technologies worth $20,301,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of REZI. Principal Financial Group Inc. increased its position in shares of Resideo Technologies by 3.1% during the third quarter. Principal Financial Group Inc. now owns 742,628 shares of the company's stock worth $14,957,000 after acquiring an additional 22,353 shares during the period. Franklin Resources Inc. increased its holdings in Resideo Technologies by 45.3% during the 3rd quarter. Franklin Resources Inc. now owns 171,792 shares of the company's stock worth $3,592,000 after purchasing an additional 53,541 shares during the period. Geode Capital Management LLC raised its position in Resideo Technologies by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 3,363,750 shares of the company's stock valued at $67,759,000 after purchasing an additional 26,000 shares in the last quarter. Vestcor Inc raised its position in Resideo Technologies by 287.6% in the 3rd quarter. Vestcor Inc now owns 33,826 shares of the company's stock valued at $681,000 after purchasing an additional 25,100 shares in the last quarter. Finally, Barclays PLC boosted its stake in shares of Resideo Technologies by 358.9% in the 3rd quarter. Barclays PLC now owns 262,698 shares of the company's stock valued at $5,290,000 after buying an additional 205,453 shares during the period. 91.71% of the stock is currently owned by hedge funds and other institutional investors.

Resideo Technologies Stock Down 2.5 %

NYSE:REZI traded down $0.57 during trading hours on Friday, hitting $21.99. The company's stock had a trading volume of 827,013 shares, compared to its average volume of 824,002. Resideo Technologies, Inc. has a 52-week low of $16.36 and a 52-week high of $28.28. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $3.23 billion, a P/E ratio of 19.81 and a beta of 2.17. The stock has a fifty day moving average of $24.90 and a 200-day moving average of $21.66.

Insider Buying and Selling at Resideo Technologies

In other news, insider Robert B. Aarnes sold 98,829 shares of the business's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $26.16, for a total value of $2,585,366.64. Following the completion of the sale, the insider now directly owns 458,928 shares of the company's stock, valued at approximately $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 accessible through this link. 1.50% of the stock is currently owned by insiders.

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.