Resideo Technologies, Inc. (NYSE:REZI) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. cut its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 35.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 297,707 shares of the company’s stock after selling 162,780 shares during the quarter. Assenagon Asset Management S.A. owned 0.20% of Resideo Technologies worth $6,862,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC raised its stake in Resideo Technologies by 3.4% during the second quarter. Commonwealth Equity Services LLC now owns 13,702 shares of the company’s stock worth $268,000 after acquiring an additional 454 shares during the period. American Century Companies Inc. increased its position in Resideo Technologies by 2.0% in the second quarter. American Century Companies Inc. now owns 164,614 shares of the company’s stock worth $3,220,000 after buying an additional 3,202 shares during the period. Hsbc Holdings PLC boosted its holdings in shares of Resideo Technologies by 3.3% during the second quarter. Hsbc Holdings PLC now owns 23,479 shares of the company’s stock valued at $457,000 after acquiring an additional 747 shares during the period. Intech Investment Management LLC bought a new position in shares of Resideo Technologies during the second quarter worth about $917,000. Finally, Sei Investments Co. increased its holdings in shares of Resideo Technologies by 170.2% in the 2nd quarter. Sei Investments Co. now owns 101,354 shares of the company’s stock worth $1,983,000 after acquiring an additional 63,847 shares during the period. Institutional investors and hedge funds own 91.71% of the company’s stock.

Resideo Technologies Trading Down 0.3 %

Resideo Technologies stock opened at $22.95 on Monday. Resideo Technologies, Inc. has a 52-week low of $16.53 and a 52-week high of $28.28. 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 capitalization of $3.37 billion, a price-to-earnings ratio of 20.67 and a beta of 2.17. The firm has a 50-day moving average price of $25.04 and a two-hundred day moving average price of $21.82.

Insider Activity at Resideo Technologies

In other news, insider Robert B. Aarnes sold 98,829 shares of the company’s stock in a transaction 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 sale, the insider now owns 458,928 shares in the company, valued at $12,005,556.48. This represents a 17.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 1.50% of the company’s stock.

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.