Jane Street Group LLC Has $3.31 Million Position in Resideo Technologies, Inc. (NYSE:REZI)

Jane Street Group LLC lessened its holdings in Resideo Technologies, Inc. (NYSE:REZI) by 27.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 164,229 shares of the company’s stock after selling 61,578 shares during the period. Jane Street Group LLC’s holdings in Resideo Technologies were worth $3,308,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. boosted its stake in shares of Resideo Technologies by 14.8% in 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. Weiss Asset Management LP bought a new position in Resideo Technologies during the 3rd quarter valued at about $9,217,000. Beaconlight Capital LLC boosted its position in Resideo Technologies by 64.9% in the third quarter. Beaconlight Capital LLC now owns 1,088,926 shares of the company’s stock valued at $21,931,000 after buying an additional 428,669 shares in the last quarter. D. E. Shaw & Co. Inc. grew its stake in Resideo Technologies by 53.4% during the second quarter. D. E. Shaw & Co. Inc. now owns 1,214,375 shares of the company’s stock worth $23,753,000 after buying an additional 422,730 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Resideo Technologies by 5.4% during the second quarter. Dimensional Fund Advisors LP now owns 7,822,902 shares of the company’s stock worth $153,015,000 after buying an additional 397,864 shares during the last quarter. Institutional investors own 91.71% of the company’s stock.

Insider Activity at Resideo Technologies

In other Resideo Technologies news, insider Robert B. Aarnes sold 98,829 shares of the firm’s stock in a transaction dated 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 sale, the insider now owns 458,928 shares in the company, valued at approximately $12,005,556.48. This trade represents a 17.72 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.50% of the company’s stock.

Resideo Technologies Stock Performance

NYSE:REZI opened at $24.51 on Friday. The stock has a market capitalization of $3.60 billion, a P/E ratio of 22.08 and a beta of 2.17. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69. Resideo Technologies, Inc. has a 1 year low of $16.36 and a 1 year high of $28.28. The firm has a 50 day moving average of $24.06 and a 200-day moving average of $21.32.

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.