Doma Target of Unusually High Options Trading (NYSE:DOMA)

Doma Holdings Inc. (NYSE:DOMA – Get Rating) saw some unusual options trading activity on Wednesday. Traders acquired 2,535 call options on the stock. This represents an increase of approximately 1,660% compared to the typical volume of 144 call options.

Insider Activity

In other news, insider Hasan Rizvi sold 96,857 shares of the stock in a transaction that occurred on Monday, April 3rd. The shares were sold at an average price of $0.39, for a total value of $37,774.23. Following the completion of the sale, the insider now directly owns 1,934,962 shares of the company’s stock, valued at $754,635.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 33.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Bank of America Corp DE boosted its position in Doma by 19.9% during the 1st quarter. Bank of America Corp DE now owns 182,227 shares of the company’s stock worth $74,000 after acquiring an additional 30,307 shares during the last quarter. American International Group Inc. bought a new position in Doma during the 2nd quarter worth $66,000. HighTower Advisors LLC bought a new position in Doma during the 1st quarter worth $38,000. BNP Paribas Arbitrage SNC bought a new position in Doma during the 3rd quarter worth $30,000. Finally, Barclays PLC grew its holdings in shares of Doma by 90.6% during the 1st quarter. Barclays PLC now owns 71,079 shares of the company’s stock worth $29,000 after purchasing an additional 33,787 shares in the last quarter. 36.34% of the stock is owned by institutional investors.

Doma Stock Down 4.0 %

NYSE:DOMA opened at $0.30 on Thursday. Doma has a 12 month low of $0.28 and a 12 month high of $2.17. The firm has a market cap of $98.68 million, a price-to-earnings ratio of -0.33 and a beta of 1.41. The company’s 50 day moving average is $0.38 and its 200-day moving average is $0.47.

Doma (NYSE:DOMA – Get Rating) last posted its quarterly earnings results on Tuesday, February 28th. The company reported ($0.14) earnings per share for the quarter. Doma had a negative return on equity of 143.18% and a negative net margin of 73.15%. The business had revenue of $96.37 million for the quarter.

About Doma

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Doma Holdings Inc originates, underwrites, and provides title, escrow, and settlement services to homeowners, lenders, title agents, and real estate professionals. It operates through two segments, Distribution and Underwriting. The company also engages in title insurance underwriting business, including policies referred through its direct agents and third-party agents' channels; and provides services in the areas of purchase and refinance transactions in the residential real estate market.