Fathom (NASDAQ:FTHM) Trading 0.8% Higher – Still a Buy?

Fathom Holdings Inc. (NASDAQ:FTHM)’s share price rose 0.8% during trading on Monday . The stock traded as high as $1.28 and last traded at $1.20. Approximately 95,917 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 89,264 shares. The stock had previously closed at $1.19.

Fathom Price Performance

The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.19. The firm has a market cap of $27.14 million, a price-to-earnings ratio of -0.94 and a beta of 1.93. The stock has a 50-day moving average of $1.46 and a two-hundred day moving average of $2.09.

Insider Buying and Selling

In other Fathom news, Director Scott N. Flanders bought 20,000 shares of the stock in a transaction dated Wednesday, November 27th. The stock was bought at an average cost of $1.95 per share, for a total transaction of $39,000.00. Following the completion of the purchase, the director now owns 884,643 shares in the company, valued at $1,725,053.85. This represents a 2.31 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 39.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Fathom

Several large investors have recently made changes to their positions in the stock. Sovereign s Capital Management LLC bought a new position in Fathom during the fourth quarter worth about $284,000. Geode Capital Management LLC increased its position in Fathom by 13.5% during the 4th 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 in the last quarter. JB Capital Partners LP increased its stake 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 valued at $181,000 after buying an additional 13,582 shares during the period. AMG National Trust Bank grew its position in shares of Fathom by 41.0% in the 4th quarter. AMG National Trust Bank now owns 68,817 shares of the company’s stock valued at $107,000 after buying an additional 20,000 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of Fathom by 59.8% during 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. 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.