JPMorgan Chase & Co. Buys 143,452 Shares of Resideo Technologies, Inc. (NYSE:REZI)

JPMorgan Chase & Co. boosted its stake in Resideo Technologies, Inc. (NYSE:REZI) by 16.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 1,007,980 shares of the company’s stock after buying an additional 143,452 shares during the quarter. JPMorgan Chase & Co.’s holdings in Resideo Technologies were worth $20,301,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. International Assets Investment Management LLC boosted its position in Resideo Technologies by 1,740.5% in the third 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 last quarter. Blue Trust Inc. raised its stake in shares of Resideo Technologies by 55.0% during the 3rd quarter. Blue Trust Inc. now owns 2,515 shares of the company’s stock worth $49,000 after purchasing an additional 892 shares during the period. Quarry LP boosted its holdings in shares of Resideo Technologies by 79.7% in the 2nd quarter. Quarry LP now owns 2,892 shares of the company’s stock worth $57,000 after buying an additional 1,283 shares during the last quarter. GAMMA Investing LLC grew its position in Resideo Technologies by 105.5% during the third 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 period. Finally, SG Americas Securities LLC purchased a new stake in Resideo Technologies during the third quarter worth about $112,000. 91.71% of the stock is currently owned by institutional investors.

Resideo Technologies Stock Down 0.7 %

REZI opened at $22.57 on Friday. Resideo Technologies, Inc. has a twelve month low of $16.36 and a twelve month high of $28.28. The company’s 50-day moving average price is $24.84 and its two-hundred day moving average price is $21.65. The stock has a market cap of $3.32 billion, a price-to-earnings ratio of 20.33 and a beta of 2.17. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69.

Insider Buying and Selling

In other Resideo Technologies news, insider Robert B. Aarnes sold 98,829 shares of the firm’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 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.50% of the stock is currently owned by insiders.

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.