Y Intercept Hong Kong Ltd purchased a new stake in Resideo Technologies, Inc. (NYSE:REZI - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 29,254 shares of the company's stock, valued at approximately $589,000.
Other large investors have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. raised its holdings in shares of Resideo Technologies by 14.8% during the 2nd quarter. Pacer Advisors Inc. now owns 6,104,301 shares of the company's stock valued at $119,400,000 after buying an additional 787,934 shares during the period. Weiss Asset Management LP acquired a new stake in Resideo Technologies in the third quarter valued at approximately $9,217,000. Beaconlight Capital LLC raised 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 during the period. D. E. Shaw & Co. Inc. lifted its position in shares of Resideo Technologies by 53.4% during the second quarter. D. E. Shaw & Co. Inc. now owns 1,214,375 shares of the company's stock worth $23,753,000 after purchasing an additional 422,730 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Resideo Technologies by 5.4% in the second quarter. Dimensional Fund Advisors LP now owns 7,822,902 shares of the company's stock valued at $153,015,000 after purchasing an additional 397,864 shares during the period. 91.71% of the stock is currently owned by institutional investors and hedge funds.
Resideo Technologies Stock Down 0.7 %
REZI traded down $0.18 during trading hours on Friday, reaching $26.19. 881,943 shares of the stock traded hands, compared to its average volume of 817,992. Resideo Technologies, Inc. has a fifty-two week low of $16.36 and a fifty-two week high of $28.28. The company has a market cap of $3.85 billion, a price-to-earnings ratio of 23.59 and a beta of 2.17. 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's fifty day simple moving average is $23.64 and its two-hundred day simple moving average is $21.21.
Insider Buying and Selling at Resideo Technologies
In other Resideo Technologies news, insider Robert B. Aarnes sold 98,829 shares of the company's stock in a transaction that occurred on 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 transaction, the insider now directly owns 458,928 shares of the company's stock, valued at $12,005,556.48. This represents a 17.72 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.50% of the stock is currently owned by corporate insiders.
About Resideo Technologies
(
Free Report)
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.
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