Fathom (NASDAQ:FTHM) Trading Up 0.7% – Time to Buy?

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

Fathom Price Performance

The company has a 50 day moving average price of $1.80 and a 200-day moving average price of $2.19. The company has a market cap of $31.67 million, a price-to-earnings ratio of -1.09 and a beta of 1.95. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.19.

Insider Buying and Selling at Fathom

In related news, Director Stephen H. Murray acquired 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. 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 acquisition, the director now directly owns 127,727 shares of the company’s stock, valued at approximately $249,067.65. This trade represents a 18.57 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. In the last ninety days, insiders acquired 45,487 shares of company stock worth $88,700. 39.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Fathom

A number of institutional investors have recently made changes to their positions in FTHM. XTX Topco Ltd bought a new stake in Fathom in the second quarter valued at approximately $32,000. Sapient Capital LLC bought a new stake in shares of Fathom in the 3rd quarter valued at $32,000. Virtu Financial LLC bought a new stake in shares of Fathom in the 3rd quarter valued at $44,000. Renaissance Technologies LLC lifted its holdings in Fathom by 31.3% in the second quarter. Renaissance Technologies LLC now owns 49,100 shares of the company’s stock valued at $84,000 after buying an additional 11,700 shares during the period. Finally, JB Capital Partners LP boosted its position in Fathom by 24.1% during the third 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 own 55.49% of the company’s stock.

Fathom Company Profile

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.