The Manufacturers Life Insurance Company Sells 702 Shares of Resideo Technologies, Inc. (NYSE:REZI)

The Manufacturers Life Insurance Company lessened its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 0.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 78,849 shares of the company’s stock after selling 702 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.05% of Resideo Technologies worth $1,588,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. International Assets Investment Management LLC increased its position in shares of 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. increased its holdings 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 worth $49,000 after buying an additional 892 shares during the last quarter. Quarry LP raised its position in shares of Resideo Technologies by 79.7% during 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 in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Resideo Technologies by 105.5% during the 3rd quarter. GAMMA Investing LLC now owns 3,271 shares of the company’s stock worth $66,000 after acquiring an additional 1,679 shares during the last quarter. Finally, nVerses Capital LLC grew its position in Resideo Technologies by 1,166.7% in the second quarter. nVerses Capital LLC now owns 3,800 shares of the company’s stock worth $74,000 after acquiring an additional 3,500 shares in the last quarter. 91.71% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, insider Robert B. Aarnes sold 98,829 shares of the stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $26.16, for a total transaction of $2,585,366.64. Following the completion of the sale, the insider now owns 458,928 shares of the company’s stock, valued at approximately $12,005,556.48. This represents a 17.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.50% of the company’s stock.

Resideo Technologies Trading Down 0.7 %

NYSE REZI opened at $26.79 on Wednesday. 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 stock’s 50-day simple moving average is $23.23 and its two-hundred day simple moving average is $21.11. Resideo Technologies, Inc. has a twelve month low of $16.36 and a twelve month high of $28.28. The company has a market capitalization of $3.94 billion, a price-to-earnings ratio of 24.14 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.