Y Intercept Hong Kong Ltd Takes Position in Resideo Technologies, Inc. (NYSE:REZI)

Y Intercept Hong Kong Ltd acquired a new stake in Resideo Technologies, Inc. (NYSE:REZI) during the third quarter, Holdings Channel.com reports. The firm acquired 29,254 shares of the company’s stock, valued at approximately $589,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC raised its holdings 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 purchasing an additional 2,019 shares in the last quarter. Blue Trust Inc. grew its position in shares of Resideo Technologies by 55.0% in the 3rd quarter. Blue Trust Inc. now owns 2,515 shares of the company’s stock valued at $49,000 after buying an additional 892 shares during the last quarter. Quarry LP grew its position in shares of Resideo Technologies by 79.7% in the 2nd quarter. Quarry LP now owns 2,892 shares of the company’s stock valued at $57,000 after buying an additional 1,283 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Resideo Technologies by 105.5% in the 3rd quarter. GAMMA Investing LLC now owns 3,271 shares of the company’s stock valued at $66,000 after buying an additional 1,679 shares during the last quarter. Finally, nVerses Capital LLC grew its position in shares of Resideo Technologies by 1,166.7% in the 2nd quarter. nVerses Capital LLC now owns 3,800 shares of the company’s stock valued at $74,000 after buying an additional 3,500 shares during the last quarter. 91.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Resideo Technologies

In related news, insider Robert B. Aarnes sold 98,829 shares of the 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 directly owns 458,928 shares of the company’s stock, valued at $12,005,556.48. This trade represents a 17.72 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.50% of the company’s stock.

Resideo Technologies Trading Down 0.7 %

NYSE REZI opened at $26.19 on Friday. 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 moving average price is $23.64 and its 200 day moving average price is $21.21. The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of 23.59 and a beta of 2.17. Resideo Technologies, Inc. has a 12 month low of $16.36 and a 12 month high of $28.28.

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.