Fathom Holdings Inc. (NASDAQ:FTHM) Director Glenn A. Sampson Sells 2,462 Shares of Stock

Fathom Holdings Inc. (NASDAQ:FTHM) Director Glenn A. Sampson sold 2,462 shares of the business’s stock in a transaction dated Tuesday, June 8th. The shares were sold at an average price of $32.13, for a total transaction of $79,104.06. Following the sale, the director now directly owns 2,297,927 shares of the company’s stock, valued at approximately $73,832,394.51. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of NASDAQ FTHM opened at $31.89 on Friday. Fathom Holdings Inc. has a 52-week low of $8.61 and a 52-week high of $56.81. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.08. The firm has a market cap of $467.89 million and a PE ratio of -93.79. The stock has a fifty day moving average of $32.54.

Fathom (NASDAQ:FTHM) last released its quarterly earnings data on Thursday, May 13th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.13). Fathom had a negative net margin of 2.38% and a negative return on equity of 21.49%. As a group, sell-side analysts expect that Fathom Holdings Inc. will post -0.51 EPS for the current year.

A number of brokerages recently weighed in on FTHM. Zacks Investment Research downgraded shares of Fathom from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 19th. DA Davidson reduced their target price on shares of Fathom from $56.00 to $42.00 and set a “buy” rating for the company in a research note on Monday, May 17th. Finally, Roth Capital upped their price target on shares of Fathom from $55.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, May 4th.

Institutional investors have recently bought and sold shares of the company. Citigroup Inc. increased its stake in shares of Fathom by 291.3% in the fourth quarter. Citigroup Inc. now owns 896 shares of the company’s stock worth $32,000 after purchasing an additional 667 shares during the period. Public Employees Retirement System of Ohio bought a new position in Fathom during the fourth quarter valued at about $35,000. Lazard Asset Management LLC bought a new position in Fathom during the fourth quarter valued at about $53,000. Emerald Mutual Fund Advisers Trust bought a new stake in shares of Fathom in the 1st quarter valued at approximately $214,000. Finally, New York State Common Retirement Fund acquired a new position in shares of Fathom in the 4th quarter worth approximately $231,000. Institutional investors and hedge funds own 15.89% of the company’s stock.

About Fathom

Fathom Holdings Inc provides cloud-based real estate brokerage services in the South, Atlantic, Southwest, and Western parts of the United States. The company offers access to various properties for sale or lease through its Website, www.FathomRealty.com to buyers, sellers, landlords, and tenants. It also operates intelliAgent, a real estate technology platform that is designed to provide a suite of brokerage and agent level tools, technology, business processes, business intelligence and reporting, training, customer relationship management, social media marketing, marketing repository, and marketing services, as well as marketplace for add-on services and third-party technology.

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Insider Buying and Selling by Quarter for Fathom (NASDAQ:FTHM)

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