GAMMA Investing LLC Raises Holdings in Resideo Technologies, Inc. (NYSE:REZI)

GAMMA Investing LLC raised its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 19.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,918 shares of the company’s stock after acquiring an additional 647 shares during the period. GAMMA Investing LLC’s holdings in Resideo Technologies were worth $90,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC grew its holdings in shares of Resideo Technologies by 1,740.5% during 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 position in Resideo Technologies by 55.0% during the third quarter. Blue Trust Inc. now owns 2,515 shares of the company’s stock valued at $49,000 after buying an additional 892 shares in the last quarter. Quarry LP lifted its position in 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 in the last quarter. SG Americas Securities LLC purchased a new stake in Resideo Technologies during the third quarter worth approximately $112,000. Finally, Millburn Ridgefield Corp acquired a new stake in shares of Resideo Technologies in the third quarter worth $157,000. 91.71% of the stock is currently owned by institutional investors and hedge funds.

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 completion of the transaction, the insider now owns 458,928 shares in the company, valued at $12,005,556.48. This represents a 17.72 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is currently owned by corporate insiders.

Resideo Technologies Stock Performance

NYSE:REZI opened at $21.99 on Friday. The firm’s fifty day simple moving average is $24.94 and its 200 day simple moving average is $21.69. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69. Resideo Technologies, Inc. has a twelve month low of $16.36 and a twelve month high of $28.28. The firm has a market capitalization of $3.23 billion, a price-to-earnings ratio of 19.81 and a beta of 2.17.

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.