Resideo Technologies, Inc. (NYSE:REZI) Shares Acquired by State Street Corp

State Street Corp increased its stake in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 2.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,060,486 shares of the company's stock after purchasing an additional 159,069 shares during the period. State Street Corp owned approximately 5.48% of Resideo Technologies worth $162,338,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in REZI. International Assets Investment Management LLC boosted its stake 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 purchasing an additional 2,019 shares during the period. Blue Trust Inc. lifted its stake in shares of Resideo Technologies by 55.0% during the 3rd quarter. Blue Trust Inc. now owns 2,515 shares of the company's stock worth $49,000 after purchasing an additional 892 shares during the last quarter. Quarry LP lifted its position in shares of Resideo Technologies by 79.7% during the second quarter. Quarry LP now owns 2,892 shares of the company's stock valued at $57,000 after buying an additional 1,283 shares during the last quarter. GAMMA Investing LLC grew its holdings in Resideo Technologies by 105.5% in the third quarter. GAMMA Investing LLC now owns 3,271 shares of the company's stock worth $66,000 after purchasing an additional 1,679 shares during the last quarter. Finally, nVerses Capital LLC increased its stake 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 purchasing an additional 3,500 shares in the last quarter. Institutional investors own 91.71% of the company's stock.

Resideo Technologies Stock Performance

Shares of NYSE REZI traded down $0.18 during trading on Friday, reaching $26.19. 881,943 shares of the company traded hands, compared to its average volume of 870,513. The firm's fifty day simple moving average is $23.64 and its 200 day simple moving average is $21.22. 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 cap of $3.85 billion, a P/E ratio of 23.59 and a beta of 2.17. Resideo Technologies, Inc. has a 12-month low of $16.36 and a 12-month high of $28.28.

Insider Buying and Selling

In other news, insider Robert B. Aarnes sold 98,829 shares of the business's stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $26.16, for a total value of $2,585,366.64. Following 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is currently owned by insiders.

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.