Trading Activity: Resideo CEO Thomas Surran Buys 15,000 Shares at $20.46
Surran's $306,900 purchase increases his direct holdings to 338,573 shares, valued at roughly $6.9 million as of market close.
Resideo CEO Thomas Surran made a direct equity investment in the company by purchasing 15,000 shares of Resideo Technologies (NYSE:REZI) on August 14, 2026, at a weighted average price of $20.46 per share. The transaction increased his total direct holdings to 338,573 shares, marking a 5% increase from his previous position. The purchase value was approximately $307,090, while the post-transaction value was estimated at $307,950 based on the market close price of $20.50.
As of the market close on August 14, 2026, Surran's direct holdings were valued at around $6.9 million. Resideo Technologies reported a robust financial performance, with trailing twelve-month revenue of $7.7 billion, net income of $379 million, and a market capitalization of $3 billion. The company specializes in manufacturing and distributing comfort, energy management, and security solutions for residential and commercial customers, with a focus on integrated smart home and building automation systems.
Despite a recent 16.5% drop in its stock price, Resideo remains a target of analyst optimism, with 75% of analysts covering the stock rating it as a "buy." The median one-year price target stands at $30.65, indicating a potential 53.1% gain from its current trading price. However, it's important to note that Resideo Technologies was not included in The Motley Fool Stock Advisor's recent list of top 10 stocks for investment, as of August 24, 2026.
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