Fathom Holdings Inc. (NASDAQ:FTHM) Director Stephen H. Murray Acquires 20,000 Shares

Fathom Holdings Inc. (NASDAQ:FTHM) Director Stephen H. Murray purchased 20,000 shares of Fathom stock in a transaction that occurred on Thursday, November 14th. The shares were bought at an average price of $1.95 per share, for a total transaction of $39,000.00. Following the transaction, the director now owns 127,727 shares in the company, valued at $249,067.65. This represents a 18.57 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Fathom Trading Down 9.8 %

Shares of NASDAQ FTHM opened at $1.65 on Tuesday. Fathom Holdings Inc. has a fifty-two week low of $1.32 and a fifty-two week high of $4.33. The firm has a market capitalization of $37.32 million, a P/E ratio of -1.29 and a beta of 2.03. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.55 and a quick ratio of 1.52. The company’s 50 day simple moving average is $2.55 and its 200 day simple moving average is $2.16.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FTHM. Sapient Capital LLC acquired a new stake in shares of Fathom during the third quarter worth $32,000. XTX Topco Ltd acquired a new position in shares of Fathom during the 2nd quarter worth about $32,000. Virtu Financial LLC acquired a new stake in shares of Fathom in the 1st quarter valued at approximately $38,000. Renaissance Technologies LLC boosted its stake in Fathom by 31.3% during the 2nd quarter. Renaissance Technologies LLC now owns 49,100 shares of the company’s stock worth $84,000 after acquiring an additional 11,700 shares during the last quarter. Finally, AMG National Trust Bank grew its holdings in Fathom by 159.4% during the second quarter. AMG National Trust Bank now owns 48,817 shares of the company’s stock valued at $84,000 after purchasing an additional 30,000 shares during the period. Institutional investors and hedge funds own 55.49% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Stephens reiterated an “overweight” rating and set a $2.50 target price on shares of Fathom in a research report on Tuesday, August 13th.

About Fathom

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.