Fathom Holdings Inc. (NASDAQ:FTHM) Director Acquires $99,916.56 in Stock

Fathom Holdings Inc. (NASDAQ:FTHM) Director Stephen H. Murray purchased 138,773 shares of the company’s stock in a transaction on Friday, March 14th. The stock was purchased at an average price of $0.72 per share, for a total transaction of $99,916.56. Following the purchase, the director now directly owns 266,500 shares of the company’s stock, valued at $191,880. This trade represents a 108.65 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Fathom Stock Performance

Shares of NASDAQ:FTHM traded down $0.00 during trading hours on Tuesday, hitting $0.89. The stock had a trading volume of 142,427 shares, compared to its average volume of 97,267. The stock’s fifty day simple moving average is $1.19 and its 200 day simple moving average is $1.89. Fathom Holdings Inc. has a 1-year low of $0.70 and a 1-year high of $3.37. The firm has a market capitalization of $20.13 million, a price-to-earnings ratio of -0.70 and a beta of 1.96. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.55 and a current ratio of 1.55.

Institutional Investors Weigh In On Fathom

Large investors have recently made changes to their positions in the company. Prudential Financial Inc. acquired a new stake in shares of Fathom in the fourth quarter valued at approximately $28,000. Raymond James Financial Inc. bought a new position in shares of Fathom in the fourth quarter valued at approximately $32,000. Virtu Financial LLC bought a new position in shares of Fathom in the third quarter valued at approximately $44,000. Millennium Management LLC boosted its holdings in shares of Fathom by 54.4% in the fourth quarter. Millennium Management LLC now owns 33,911 shares of the company’s stock valued at $52,000 after acquiring an additional 11,949 shares in the last quarter. Finally, Requisite Capital Management LLC bought a new position in shares of Fathom in the fourth quarter valued at approximately $59,000. Institutional investors and hedge funds own 55.49% of the company’s stock.

Fathom Company Profile

Fathom Holdings Inc provides a real estate services platform that integrates residential brokerage, mortgage, title, and insurance services in the United States. It operates through three segments: Real Estate Brokerage, Mortgage, and Technology. The Real Estate Brokerage segment provides real estate brokerage services.