BNP Paribas Financial Markets Has $671,000 Holdings in Resideo Technologies, Inc. (NYSE:REZI)

BNP Paribas Financial Markets decreased its stake in Resideo Technologies, Inc. (NYSE:REZI) by 17.8% during the 3rd quarter, according to the company in its most recent 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 quarter. BNP Paribas Financial Markets’ holdings in Resideo Technologies were worth $671,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of REZI. Pacer Advisors Inc. increased its holdings in 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 purchasing an additional 787,934 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its stake in Resideo Technologies by 53.4% in 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. Dimensional Fund Advisors LP increased 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 buying an additional 397,864 shares in the last quarter. Cubist Systematic Strategies LLC raised its holdings in shares of Resideo Technologies by 167.2% in the second quarter. Cubist Systematic Strategies LLC now owns 542,409 shares of the company’s stock valued at $10,610,000 after buying an additional 339,434 shares during the last quarter. Finally, Pembroke Management LTD acquired a new position in Resideo Technologies during the 3rd quarter worth about $5,927,000. 91.71% of the stock is currently owned by institutional investors and hedge funds.

Resideo Technologies Stock Performance

Shares of Resideo Technologies stock opened at $26.37 on Friday. The firm has a 50 day simple moving average of $23.51 and a 200 day simple moving average of $21.19. 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 debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10. The firm has a market cap of $3.88 billion, a P/E ratio of 23.76 and a beta of 2.17.

Insider Activity at Resideo Technologies

In related news, insider Robert B. Aarnes sold 98,829 shares of the firm’s 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 completion of the transaction, the insider now owns 458,928 shares of the company’s stock, valued at approximately $12,005,556.48. This trade represents a 17.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate 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.