Requisite Capital Management LLC Takes Position in Fathom Holdings Inc. (NASDAQ:FTHM)

Requisite Capital Management LLC purchased a new position in Fathom Holdings Inc. (NASDAQ:FTHM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 38,610 shares of the company’s stock, valued at approximately $59,000. Requisite Capital Management LLC owned 0.17% of Fathom at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Virtu Financial LLC purchased a new position in shares of Fathom during the 3rd quarter valued at $44,000. Geode Capital Management LLC lifted its stake in shares of Fathom by 18.1% during the 3rd quarter. Geode Capital Management LLC now owns 116,816 shares of the company’s stock valued at $303,000 after buying an additional 17,864 shares in the last quarter. JB Capital Partners LP boosted its holdings in Fathom by 24.1% in the 3rd quarter. JB Capital Partners LP now owns 69,882 shares of the company’s stock worth $181,000 after buying an additional 13,582 shares during the period. Sapient Capital LLC purchased a new position in Fathom in the 3rd quarter valued at approximately $32,000. Finally, Connective Capital Management LLC raised its holdings in Fathom by 50.9% during the 2nd quarter. Connective Capital Management LLC now owns 122,673 shares of the company’s stock valued at $211,000 after acquiring an additional 41,380 shares during the period. Hedge funds and other institutional investors own 55.49% of the company’s stock.

Insiders Place Their Bets

In related news, Director Scott N. Flanders bought 20,000 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were acquired at an average cost of $1.95 per share, with a total value of $39,000.00. Following the completion of the purchase, the director now directly owns 884,643 shares of the company’s stock, valued at $1,725,053.85. This trade represents a 2.31 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders have bought 45,487 shares of company stock worth $88,700 in the last three months. 39.70% of the stock is currently owned by corporate insiders.

Fathom Price Performance

Fathom stock opened at $1.39 on Friday. The firm has a market capitalization of $31.44 million, a P/E ratio of -1.09 and a beta of 1.95. Fathom Holdings Inc. has a one year low of $1.23 and a one year high of $3.37. 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 business has a fifty day moving average price of $1.69 and a 200-day moving average price of $2.17.

Fathom (NASDAQ:FTHM) last announced its quarterly earnings results on Thursday, November 7th. The company reported ($0.40) earnings per share for the quarter, missing the consensus estimate of ($0.17) by ($0.23). Fathom had a negative net margin of 7.49% and a negative return on equity of 45.86%. The company had revenue of $83.73 million for the quarter, compared to the consensus estimate of $94.13 million. During the same quarter in the prior year, the company earned ($0.34) earnings per share. As a group, equities research analysts forecast that Fathom Holdings Inc. will post -1.03 EPS for the current year.

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.