Fathom (NASDAQ:FTHM) Trading 0.7% Higher – What’s Next?

Fathom Holdings Inc. (NASDAQ:FTHM) shares traded up 0.7% during trading on Monday . The stock traded as high as $1.48 and last traded at $1.45. 37,673 shares traded hands during trading, a decline of 54% from the average session volume of 81,868 shares. The stock had previously closed at $1.44.

Fathom Price Performance

The company has a fifty day simple moving average of $1.80 and a two-hundred day simple moving average of $2.19. The stock has a market capitalization of $31.67 million, a price-to-earnings ratio of -1.09 and a beta of 1.95. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.55 and a current ratio of 1.55.

Insider Activity at Fathom

In other news, Director Scott N. Flanders acquired 20,000 shares of the stock in a transaction on Wednesday, November 27th. The stock was acquired at an average cost of $1.95 per share, for a total transaction of $39,000.00. Following the completion of the transaction, the director now directly owns 884,643 shares in the company, valued at approximately $1,725,053.85. This trade represents a 2.31 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Insiders purchased a total of 45,487 shares of company stock valued at $88,700 over the last quarter. 39.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of FTHM. XTX Topco Ltd bought a new stake in shares of Fathom during the 2nd quarter valued at approximately $32,000. Sapient Capital LLC acquired a new stake in Fathom in the third quarter valued at approximately $32,000. Virtu Financial LLC bought a new stake in shares of Fathom during the third quarter worth $44,000. Renaissance Technologies LLC increased its holdings in shares of Fathom by 31.3% during the second quarter. Renaissance Technologies LLC now owns 49,100 shares of the company’s stock worth $84,000 after buying an additional 11,700 shares in the last quarter. Finally, JB Capital Partners LP lifted its stake in shares of Fathom by 24.1% in the 3rd quarter. JB Capital Partners LP now owns 69,882 shares of the company’s stock valued at $181,000 after acquiring an additional 13,582 shares during the last quarter. Institutional investors and hedge funds own 55.49% of the company’s stock.

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.