Fathom (NASDAQ:FTHM) Stock Price Up 0.8% – Here’s Why

Shares of Fathom Holdings Inc. (NASDAQ:FTHM) traded up 0.8% during mid-day trading on Monday . The stock traded as high as $1.28 and last traded at $1.20. 95,917 shares changed 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 Price Performance

The company’s 50-day simple moving average is $1.47 and its 200-day simple moving average is $2.10. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.55 and a quick ratio of 1.55. The stock has a market capitalization of $27.14 million, a price-to-earnings ratio of -0.94 and a beta of 1.93.

Insider Activity at Fathom

In other Fathom news, Director Scott N. Flanders acquired 20,000 shares of the business’s stock in a transaction on Wednesday, November 27th. The stock was purchased at an average price of $1.95 per share, with a total value of $39,000.00. Following the acquisition, the director now directly owns 884,643 shares of the company’s stock, valued at approximately $1,725,053.85. This trade represents a 2.31 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 39.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Fathom

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Sovereign s Capital Management LLC bought a new position in Fathom during the 4th quarter worth $284,000. Requisite Capital Management LLC acquired a new stake in shares of Fathom during the 4th quarter worth $59,000. Northern Trust Corp increased 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 purchasing an additional 21,328 shares during the period. Raymond James Financial Inc. acquired a new position in Fathom in the fourth quarter valued at about $32,000. Finally, AMG National Trust Bank lifted its position in Fathom by 41.0% during the fourth quarter. AMG National Trust Bank now owns 68,817 shares of the company’s stock worth $107,000 after purchasing an additional 20,000 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.