BNP Paribas Financial Markets Decreases Stock Holdings in Resideo Technologies, Inc. (NYSE:REZI)

BNP Paribas Financial Markets cut its holdings in Resideo Technologies, Inc. (NYSE:REZI) by 17.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,298 shares of the company’s stock after selling 7,233 shares during the period. BNP Paribas Financial Markets’ holdings in Resideo Technologies were worth $671,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Horizon Kinetics Asset Management LLC grew its position in Resideo Technologies by 32.3% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 87,112 shares of the company’s stock worth $1,754,000 after purchasing an additional 21,266 shares during the last quarter. Citigroup Inc. boosted its stake in shares of Resideo Technologies by 47.5% during the third quarter. Citigroup Inc. now owns 197,142 shares of the company’s stock worth $3,970,000 after buying an additional 63,501 shares during the period. Principal Financial Group Inc. increased its position in Resideo Technologies by 3.1% in the 3rd quarter. Principal Financial Group Inc. now owns 742,628 shares of the company’s stock valued at $14,957,000 after acquiring an additional 22,353 shares during the period. D. E. Shaw & Co. Inc. raised its stake in Resideo Technologies by 53.4% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,214,375 shares of the company’s stock valued at $23,753,000 after acquiring an additional 422,730 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in Resideo Technologies by 14.3% during the 3rd quarter. Victory Capital Management Inc. now owns 165,748 shares of the company’s stock worth $3,338,000 after acquiring an additional 20,723 shares during the period. 91.71% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Resideo Technologies news, insider Robert B. Aarnes sold 98,829 shares of the company’s stock in a transaction dated 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 completion of the sale, the insider now directly owns 458,928 shares of the company’s stock, valued at approximately $12,005,556.48. This represents a 17.72 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

Resideo Technologies Trading Down 1.1 %

Shares of Resideo Technologies stock opened at $26.37 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. The firm has a market cap of $3.88 billion, a price-to-earnings ratio of 23.76 and a beta of 2.17. Resideo Technologies, Inc. has a 52-week low of $16.36 and a 52-week high of $28.28. The company’s 50-day simple moving average is $23.51 and its 200-day simple moving average is $21.19.

Resideo Technologies 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.