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

Doma Holdings Inc. (NYSE:DOMA) saw unusually large options trading on Wednesday. Stock investors bought 2,535 call options on the stock. This is an increase of 1,660% compared to the average volume of 144 call options.

Analyst Upgrades and Downgrades

DOMA has been the topic of several recent research reports. Citigroup lifted their price objective on Doma from $6.00 to $6.29 and gave the stock a “neutral” rating in a report on Tuesday, April 2nd. JMP Securities reissued a “market outperform” rating and set a $20.00 price objective on shares of Doma in a report on Monday.

Doma Price Performance

Shares of DOMA stock opened at $6.05 on Thursday. The stock’s fifty day simple moving average is $4.89 and its 200 day simple moving average is $4.80. The firm has a market cap of $84.02 million, a price-to-earnings ratio of -0.64 and a beta of 1.85. Doma has a one year low of $3.86 and a one year high of $11.49.

Doma (NYSE:DOMA) last posted its quarterly earnings data on Tuesday, March 12th. The company reported ($1.22) EPS for the quarter. The business had revenue of $84.61 million during the quarter. Doma had a negative return on equity of 2,120.08% and a negative net margin of 38.39%.

Hedge Funds Weigh In On Doma

A number of institutional investors and hedge funds have recently bought and sold shares of DOMA. Northern Trust Corp bought a new stake in shares of Doma during the fourth quarter worth $140,000. Bank of America Corp DE grew its stake in Doma by 158.5% in the first quarter. Bank of America Corp DE now owns 60,052 shares of the company’s stock valued at $131,000 after acquiring an additional 36,818 shares during the period. UBS Asset Management Americas Inc. grew its stake in Doma by 46.4% in the second quarter. UBS Asset Management Americas Inc. now owns 123,368 shares of the company’s stock valued at $127,000 after acquiring an additional 39,100 shares during the period. Bridgeway Capital Management LLC acquired a new position in shares of Doma during the fourth quarter worth about $116,000. Finally, Citigroup Inc. boosted its position in shares of Doma by 17.9% during the first quarter. Citigroup Inc. now owns 52,845 shares of the company’s stock worth $115,000 after buying an additional 8,020 shares during the period. Institutional investors and hedge funds own 20.67% of the company’s stock.

Doma Company Profile

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.