MYDA Advisors LLC Invests $472,000 in Douglas Elliman Inc. (NYSE:DOUG)

MYDA Advisors LLC bought a new stake in Douglas Elliman Inc. (NYSE:DOUG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 282,400 shares of the company’s stock, valued at approximately $472,000. MYDA Advisors LLC owned about 0.32% of Douglas Elliman at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Golden State Wealth Management LLC acquired a new position in Douglas Elliman in the 4th quarter valued at $25,000. US Bancorp DE grew its stake in shares of Douglas Elliman by 36,851.9% in the fourth quarter. US Bancorp DE now owns 19,954 shares of the company’s stock valued at $33,000 after acquiring an additional 19,900 shares in the last quarter. Atria Investments Inc increased its position in Douglas Elliman by 39.6% during the fourth quarter. Atria Investments Inc now owns 28,529 shares of the company’s stock worth $48,000 after acquiring an additional 8,095 shares during the period. Virtu Financial LLC acquired a new stake in Douglas Elliman in the 4th quarter worth about $51,000. Finally, JPMorgan Chase & Co. raised its stake in Douglas Elliman by 79.1% in the 4th quarter. JPMorgan Chase & Co. now owns 38,560 shares of the company’s stock worth $64,000 after purchasing an additional 17,027 shares in the last quarter. Institutional investors own 59.56% of the company’s stock.

Douglas Elliman Stock Performance

Shares of NYSE:DOUG opened at $1.62 on Friday. Douglas Elliman Inc. has a 12-month low of $1.00 and a 12-month high of $2.98. The company’s 50 day moving average price is $1.79 and its two-hundred day moving average price is $1.84. The firm has a market cap of $143.67 million, a PE ratio of -1.57 and a beta of 1.52. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.20.

Douglas Elliman (NYSE:DOUG) last issued its quarterly earnings results on Tuesday, March 11th. The company reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.11. The business had revenue of $243.32 million for the quarter. Douglas Elliman had a negative return on equity of 22.85% and a negative net margin of 8.81%.

About Douglas Elliman

Douglas Elliman Inc owns Douglas Elliman Realty, LLC, operating as a residential brokerage company in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, DC In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets.