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Resideo SVP Joshua Foster Buys 15,317 Shares

The Motley Fool·09/02/2026 13:25:01
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Key Points

  • The direct purchase of 15,317 shares was valued at approximately $315,000.

  • The acquisition increased the insider's direct equity holdings by 9%.

  • Following this transaction, the reporting owner holds approximately 184,000 shares directly, with no reported indirect holdings.

Joshua Peter Foster, SVP, GC & Corp. Sec of Resideo Technologies (NYSE:REZI), purchased 15,317 shares of common stock on Aug. 14, 2026, according to an SEC Form 4 filing.

Transaction summary

Metric Value
Transaction value $315,000
Shares purchased 15,317
Post-transaction shares (directly held) 183,509
Post-transaction value $3.7 million

Transaction value based on SEC Form 4 weighted average purchase price ($20.58); post-transaction value based on Aug. 14, 2026, market close ($20.50).

Key questions

  • What were the mechanics of this market acquisition?
    Foster acquired these shares through multiple direct market transactions at prices ranging from $20.44 to $20.63, resulting in a weighted average purchase price of $20.58 per share.
  • How does this purchase align with the company's recent market performance?
    The purchase occurred on a date when Resideo Technologies shares were priced at $20.50, following a period in which the stock had declined 8% over the past 12 months as of Aug. 14, 2026.
  • What is the scale of the insider's current equity exposure?
    The insider now maintains a total beneficial ownership of approximately 184,000 shares, representing an estimated 0.08% of the company's outstanding equity.
  • What are the fundamental characteristics of the firm?
    Based in Scottsdale, the company generates TTM revenue of $7.7 billion and net income of $379 million.

Company Overview

Metric Value
Share Price (as of market close 2026-08-14) $20.50
Market Capitalization $2.9 billion
Revenue (TTM) $7.7 billion
Net Income (TTM) $379 million

Company Snapshot

  • Resideo Technologies develops, manufactures, and distributes comfort, energy management, and safety and security solutions for residential and commercial customers across the United States, Europe, and international markets.
  • The company completed a spin-off of ADI Global Distribution near the start of August. This allows Resideo to focus on becoming a pure-play company centered on building technologies.
  • Resideo serves residential customers, small business operators, and commercial entities seeking integrated smart home and building automation solutions.

Resideo Technologies generated $7.7 billion in TTM revenue with net income of $379 million. The company maintains a strategic position in the growing smart home and building automation market, leveraging its comprehensive portfolio to differentiate itself in a competitive landscape characterized by increasing demand for integrated IoT-enabled systems.

What this transaction means for investors

When a company completes a spin-off, it can often be because the synergies that were previously expected never panned out. What can emerge is a more focused entity that can put time, money, and resources into what it does best. That said, there is also an adjustment period as executives work to prove the company's stand-alone value. As that happens, an insider buying shares after the spin-off signals confidence in how Resideo, as a more focused company, can perform. It's reassuring for shareholders, as Resideo's stock price has dropped 17.6% over the last year, while the S&P 500 has climbed 18.9% over the same period, as of this writing.

Foster is demonstrating his alignment with the company's future success, with his total share count at 183,509 after purchasing 15,317 shares. At the same time, there aren't many analysts covering the company, but 75% of the four who do rate it a buy, according to CNN. From that group, the median one-year price target is $30.65, representing a 59.3% gain from the Sept. 1 closing price of $19.24. The group's highest price target is notably bullish at $35, implying a potential gain of 81.9%. The group's lowest price target, $27, also represents a potential gain of 40.3%.

Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.