Fathom (NASDAQ:FTHM) Stock Price Up 0.8% – Time to Buy?

Shares of Fathom Holdings Inc. (NASDAQ:FTHM) shot up 0.8% on Monday . The company traded as high as $1.28 and last traded at $1.20. 95,917 shares traded hands during trading, an increase of 7% from the average session volume of 89,264 shares. The stock had previously closed at $1.19.

Fathom Stock Performance

The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.55 and a current ratio of 1.55. The business’s 50-day moving average is $1.46 and its 200-day moving average is $2.09. The company has a market capitalization of $27.14 million, a PE ratio of -0.94 and a beta of 1.93.

Insider Buying and Selling at Fathom

In other Fathom news, Director Scott N. Flanders acquired 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were bought at an average cost of $1.95 per share, with a total value of $39,000.00. Following the completion of the acquisition, the director now directly owns 884,643 shares in the company, valued at $1,725,053.85. This represents a 2.31 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 39.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Sovereign s Capital Management LLC acquired a new position in shares of Fathom in the 4th quarter valued at $284,000. Geode Capital Management LLC increased its position in Fathom by 13.5% during the fourth quarter. Geode Capital Management LLC now owns 132,579 shares of the company’s stock worth $203,000 after purchasing an additional 15,763 shares during the last quarter. JB Capital Partners LP increased its position in shares of Fathom by 24.1% in the third quarter. JB Capital Partners LP now owns 69,882 shares of the company’s stock worth $181,000 after acquiring an additional 13,582 shares in the last quarter. AMG National Trust Bank lifted its holdings in shares of Fathom by 41.0% during the 4th quarter. AMG National Trust Bank now owns 68,817 shares of the company’s stock valued at $107,000 after acquiring an additional 20,000 shares in the last quarter. Finally, Northern Trust Corp boosted its position in shares of Fathom by 59.8% in the fourth quarter. Northern Trust Corp now owns 57,002 shares of the company’s stock worth $87,000 after buying an additional 21,328 shares during the period. 55.49% of the stock is currently owned by institutional investors and hedge funds.

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.