Doma Sees Unusually High Options Volume (NYSE:DOMA)

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

Doma Stock Performance

NYSE:DOMA opened at $6.01 on Friday. The company has a market capitalization of $84.20 million, a price-to-earnings ratio of -0.79 and a beta of 1.58. Doma has a one year low of $3.86 and a one year high of $9.44. The stock has a 50-day simple moving average of $6.00 and a 200 day simple moving average of $5.24.

Doma (NYSE:DOMA) last posted its quarterly earnings results on Tuesday, May 7th. The company reported ($1.42) EPS for the quarter. The firm had revenue of $66.07 million during the quarter. Doma had a negative return on equity of 2,120.08% and a negative net margin of 32.57%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Citigroup raised their target price on Doma from $6.00 to $6.29 and gave the company a “neutral” rating in a research note on Tuesday, April 2nd. JMP Securities restated a “market perform” rating on shares of Doma in a research note on Thursday, May 23rd.

Hedge Funds Weigh In On Doma

A hedge fund recently raised its stake in Doma stock. Vanguard Group Inc. raised its stake in Doma Holdings Inc. (NYSE:DOMA) by 8.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 559,431 shares of the company’s stock after acquiring an additional 43,422 shares during the period. Vanguard Group Inc. owned 4.03% of Doma worth $2,540,000 as of its most recent SEC filing. 20.67% of the stock is owned by institutional investors.

About Doma

Doma Holdings Inc issues residential and commercial title insurance for purchase and refinance transactions in the United States. It operates through two segments, Underwriting; and Corporate and Other. The company offers title insurance underwriting, including policies referred to through its third-party agents' channel; and other insurance services for the residential real estate market.