Fathom Holdings Inc. (NASDAQ:FTHM) CFO Marco Fregenal Acquires 20,000 Shares of Stock

Fathom Holdings Inc. (NASDAQ:FTHMGet Rating) CFO Marco Fregenal acquired 20,000 shares of the company’s stock in a transaction dated Monday, June 13th. The shares were purchased at an average price of $9.12 per share, with a total value of $182,400.00. Following the completion of the acquisition, the chief financial officer now owns 1,166,080 shares in the company, valued at $10,634,649.60. The purchase was disclosed in a filing with the SEC, which is available at this link.

Marco Fregenal also recently made the following trade(s):

  • On Friday, June 10th, Marco Fregenal purchased 10,000 shares of Fathom stock. The shares were acquired at an average cost of $10.17 per share, with a total value of $101,700.00.

Shares of Fathom stock opened at $8.37 on Wednesday. The company has a fifty day moving average price of $8.50 and a 200 day moving average price of $13.04. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.05. Fathom Holdings Inc. has a twelve month low of $6.07 and a twelve month high of $38.16. The stock has a market cap of $145.91 million, a price-to-earnings ratio of -8.37 and a beta of 2.51.

Fathom (NASDAQ:FTHMGet Rating) last posted its quarterly earnings data on Wednesday, May 4th. The company reported ($0.37) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.40) by $0.03. The company had revenue of $90.08 million during the quarter, compared to analysts’ expectations of $77.55 million. Fathom had a negative net margin of 4.07% and a negative return on equity of 22.96%. During the same period in the prior year, the company posted ($0.25) EPS. Analysts forecast that Fathom Holdings Inc. will post -1.11 earnings per share for the current year.

Separately, Roth Capital decreased their price target on shares of Fathom from $40.00 to $23.00 in a research report on Wednesday, March 9th.

A number of large investors have recently bought and sold shares of FTHM. Morgan Stanley lifted its position in shares of Fathom by 789.2% during the second quarter. Morgan Stanley now owns 51,104 shares of the company’s stock worth $1,676,000 after purchasing an additional 45,357 shares during the last quarter. Citadel Advisors LLC lifted its position in shares of Fathom by 50.5% during the second quarter. Citadel Advisors LLC now owns 19,649 shares of the company’s stock worth $644,000 after purchasing an additional 6,595 shares during the last quarter. Millennium Management LLC acquired a new stake in Fathom during the second quarter worth about $267,000. Geode Capital Management LLC raised its stake in Fathom by 4.4% during the third quarter. Geode Capital Management LLC now owns 83,529 shares of the company’s stock worth $2,230,000 after acquiring an additional 3,520 shares during the period. Finally, Royal Bank of Canada raised its stake in Fathom by 403.3% during the third quarter. Royal Bank of Canada now owns 2,305 shares of the company’s stock worth $62,000 after acquiring an additional 1,847 shares during the period. 14.23% of the stock is owned by institutional investors.

Fathom Company Profile (Get Rating)

Fathom Holdings Inc provides cloud-based real estate brokerage services in the South, Atlantic, Southwest, and Western parts of the United States. It operates through three segments: Real Estate Brokerage, Mortgage, and Technology. The Real Estate Brokerage segment provides real estate brokerage services.

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