Fathom Holdings Inc. (NASDAQ:FTHM) CEO Joshua Harley Sells 4,188 Shares of Stock

Fathom Holdings Inc. (NASDAQ:FTHM) CEO Joshua Harley sold 4,188 shares of Fathom stock in a transaction that occurred on Thursday, June 10th. The stock was sold at an average price of $31.98, for a total transaction of $133,932.24. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Joshua Harley also recently made the following trade(s):

  • On Tuesday, June 8th, Joshua Harley sold 5,922 shares of Fathom stock. The shares were sold at an average price of $32.13, for a total transaction of $190,273.86.
  • On Tuesday, May 25th, Joshua Harley sold 6,071 shares of Fathom stock. The shares were sold at an average price of $30.68, for a total transaction of $186,258.28.

Shares of FTHM stock opened at $31.89 on Friday. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.08. Fathom Holdings Inc. has a fifty-two week low of $8.61 and a fifty-two week high of $56.81. The company has a 50 day moving average of $32.54. The company has a market capitalization of $467.89 million and a P/E ratio of -93.79.

Fathom (NASDAQ:FTHM) last announced its earnings results on Thursday, May 13th. The company reported ($0.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.13). Fathom had a negative net margin of 2.38% and a negative return on equity of 21.49%. On average, equities analysts forecast that Fathom Holdings Inc. will post -0.51 EPS for the current year.

A number of brokerages recently issued reports on FTHM. Roth Capital raised their price objective on shares of Fathom from $55.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, May 4th. Zacks Investment Research cut Fathom from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 19th. Finally, DA Davidson decreased their price objective on Fathom from $56.00 to $42.00 and set a “buy” rating for the company in a report on Monday, May 17th.

A number of hedge funds have recently modified their holdings of FTHM. Citigroup Inc. grew its stake in shares of Fathom by 291.3% in the fourth quarter. Citigroup Inc. now owns 896 shares of the company’s stock worth $32,000 after acquiring an additional 667 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of Fathom in the 4th quarter worth approximately $35,000. Lazard Asset Management LLC purchased a new position in shares of Fathom in the 4th quarter worth approximately $53,000. Emerald Mutual Fund Advisers Trust purchased a new position in shares of Fathom in the 1st quarter worth approximately $214,000. Finally, New York State Common Retirement Fund purchased a new position in shares of Fathom in the 4th quarter worth approximately $231,000. 15.89% of the stock is currently owned by institutional investors.

About Fathom

Fathom Holdings Inc provides cloud-based real estate brokerage services in the South, Atlantic, Southwest, and Western parts of the United States. The company offers access to various properties for sale or lease through its Website, www.FathomRealty.com to buyers, sellers, landlords, and tenants. It also operates intelliAgent, a real estate technology platform that is designed to provide a suite of brokerage and agent level tools, technology, business processes, business intelligence and reporting, training, customer relationship management, social media marketing, marketing repository, and marketing services, as well as marketplace for add-on services and third-party technology.

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