Tidal Investments LLC Sells 23,809 Shares of Resideo Technologies, Inc. (NYSE:REZI)

Tidal Investments LLC lowered its position in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 44.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,304 shares of the company's stock after selling 23,809 shares during the quarter. Tidal Investments LLC's holdings in Resideo Technologies were worth $610,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of REZI. International Assets Investment Management LLC grew its stake in shares of 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 valued at $43,000 after buying an additional 2,019 shares in the last quarter. Blue Trust Inc. lifted its stake in Resideo Technologies by 55.0% in the third quarter. Blue Trust Inc. now owns 2,515 shares of the company's stock valued at $49,000 after acquiring an additional 892 shares during the last quarter. Quarry LP grew its position in Resideo Technologies by 79.7% in the second quarter. Quarry LP now owns 2,892 shares of the company's stock worth $57,000 after acquiring an additional 1,283 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Resideo Technologies by 105.5% during the 3rd 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 raised its holdings in shares of 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. 91.71% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Resideo Technologies

In related news, insider Robert B. Aarnes sold 98,829 shares of Resideo Technologies stock in a transaction 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 transaction, the insider now owns 458,928 shares in the company, valued at $12,005,556.48. This trade represents a 17.72 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.50% of the stock is currently owned by corporate insiders.

Resideo Technologies Stock Up 0.5 %

NYSE:REZI traded up $0.12 during trading hours on Friday, reaching $24.51. The company's stock had a trading volume of 8,812,187 shares, compared to its average volume of 908,008. 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 company has a market cap of $3.60 billion, a price-to-earnings ratio of 22.08 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 business's 50-day moving average is $24.14 and its 200-day moving average is $21.34.

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.