Investors Purchase Large Volume of Call Options on Doma (NYSE:DOMA)

Doma Holdings Inc. (NYSE:DOMA) was the recipient of some unusual options trading activity on Wednesday. Traders acquired 2,535 call options on the stock. This represents an increase of approximately 1,660% compared to the average daily volume of 144 call options.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Doma stock. Vanguard Group Inc. boosted its holdings in Doma Holdings Inc. (NYSE:DOMA) by 8.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 559,431 shares of the company’s stock after buying an additional 43,422 shares during the period. Vanguard Group Inc. owned approximately 4.03% of Doma worth $2,540,000 as of its most recent SEC filing. 20.67% of the stock is owned by hedge funds and other institutional investors.

Doma Stock Performance

Shares of NYSE DOMA opened at $6.28 on Friday. Doma has a 1-year low of $3.90 and a 1-year high of $6.29. The company has a 50-day moving average of $6.14 and a two-hundred day moving average of $6.06. The company has a market cap of $88.00 million, a PE ratio of -0.82 and a beta of 1.58.

Doma (NYSE:DOMA) last issued its quarterly earnings results on Tuesday, August 13th. The company reported ($1.29) earnings per share (EPS) for the quarter. The firm had revenue of $77.65 million for the quarter. Doma had a negative net margin of 28.68% and a negative return on equity of 2,120.08%.

About Doma

Doma Holdings Inc issues residential and commercial title insurance for purchase and refinance transactions in the United States. It operates through two segments, Underwriting; and Corporate and Other. The company offers title insurance underwriting, including policies referred to through its third-party agents' channel; and other insurance services for the residential real estate market.