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This Smart Home Stock Just Drew a $42 Million Institutional Bet โ€” Should Long-Term Investors Follow?
The Motley Foolยท 2025-12-15 18:15
Despite a recent pullback, shares are still up big over the past year, and one investor seems to be expecting further upside.Dallas-based Permian Investment Partners initiated a new position in Resideo Technologies (REZI), adding 965,936 shares valued at approximately $41.7 million, according to a November 14 SEC filing.What HappenedPermian Investment Partners disclosed a new equity stake in Resideo Technologies (REZI +0.47%) in its quarterly portfolio update filed with the Securities and Exchange Commissio ...