Douglas Elliman Inc. (NYSE:DOUG) COO Purchases $34,800.00 in Stock

Douglas Elliman Inc. (NYSE:DOUG) COO Richard Lampen bought 30,000 shares of Douglas Elliman stock in a transaction that occurred on Tuesday, July 9th. The stock was purchased at an average cost of $1.16 per share, with a total value of $34,800.00. Following the completion of the transaction, the chief operating officer now owns 2,197,804 shares of the company’s stock, valued at $2,549,452.64. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Richard Lampen also recently made the following trade(s):

• On Friday, July 5th, Richard Lampen bought 125,000 shares of Douglas Elliman stock. The stock was purchased at an average cost of $1.08 per share, with a total value of $135,000.00.

Douglas Elliman Price Performance

Shares of DOUG stock opened at $1.23 on Friday. The stock has a market cap of $112.45 million, a P/E ratio of -1.54 and a beta of 1.35. Douglas Elliman Inc. has a one year low of $1.00 and a one year high of $3.16. The stock has a fifty day moving average price of $1.18 and a 200 day moving average price of $1.67.

Douglas Elliman (NYSE:DOUG) last issued its earnings results on Thursday, May 9th. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.26). The firm had revenue of $200.24 million during the quarter. Douglas Elliman had a negative return on equity of 20.62% and a negative net margin of 7.05%. During the same period in the prior year, the business posted ($0.18) earnings per share. Equities research analysts anticipate that Douglas Elliman Inc. will post 0.06 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC raised its stake in Douglas Elliman by 15.7% during the fourth quarter. SG Americas Securities LLC now owns 42,705 shares of the company’s stock worth $126,000 after acquiring an additional 5,791 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in Douglas Elliman by 280.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 15,627 shares of the company’s stock worth $46,000 after acquiring an additional 11,515 shares in the last quarter. Truist Financial Corp acquired a new position in Douglas Elliman during the fourth quarter worth $42,000. Venture Visionary Partners LLC acquired a new stake in shares of Douglas Elliman in the fourth quarter valued at $50,000. Finally, Los Angeles Capital Management LLC increased its stake in shares of Douglas Elliman by 21.7% in the fourth quarter. Los Angeles Capital Management LLC now owns 149,320 shares of the company’s stock valued at $440,000 after buying an additional 26,660 shares in the last quarter. 59.56% of the stock is currently owned by institutional investors and hedge funds.

Douglas Elliman Company Profile

Douglas Elliman Inc owns Douglas Elliman Realty, LLC, operating as a residential brokerage company in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, DC In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets.