Fathom Holdings Inc. (NASDAQ:FTHM) Director Purchases $99,916.56 in Stock

Fathom Holdings Inc. (NASDAQ:FTHM) Director Stephen H. Murray acquired 138,773 shares of the firm’s stock in a transaction dated Friday, March 14th. The shares were purchased at an average price of $0.72 per share, for a total transaction of $99,916.56. Following the completion of the transaction, the director now directly owns 266,500 shares in the company, valued at approximately $191,880. This trade represents a 108.65 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

Fathom Price Performance

Fathom stock opened at $0.93 on Thursday. The firm has a 50-day moving average price of $1.16 and a 200-day moving average price of $1.87. The firm has a market capitalization of $21.04 million, a PE ratio of -0.73 and a beta of 1.96. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.19. Fathom Holdings Inc. has a 12-month low of $0.70 and a 12-month high of $3.37.

Institutional Investors Weigh In On Fathom

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Millennium Management LLC lifted its holdings in Fathom by 54.4% during the 4th quarter. Millennium Management LLC now owns 33,911 shares of the company’s stock valued at $52,000 after buying an additional 11,949 shares in the last quarter. JB Capital Partners LP raised its holdings in shares of Fathom by 24.1% in the 3rd quarter. JB Capital Partners LP now owns 69,882 shares of the company’s stock valued at $181,000 after purchasing an additional 13,582 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Fathom by 13.5% in the 4th quarter. Geode Capital Management LLC now owns 132,579 shares of the company’s stock valued at $203,000 after purchasing an additional 15,763 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Fathom in the 3rd quarter valued at about $44,000. Finally, Prudential Financial Inc. bought a new stake in shares of Fathom in the 4th quarter valued at about $28,000. Institutional investors own 55.49% of the company’s stock.

About Fathom

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.