Douglas Elliman Inc. (NYSE:DOUG) COO Richard Lampen Purchases 30,000 Shares

Douglas Elliman Inc. (NYSE:DOUG) COO Richard Lampen acquired 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 9th. The shares were acquired at an average price of $1.16 per share, with a total value of $34,800.00. Following the completion of the transaction, the chief operating officer now owns 2,197,804 shares in the company, valued at $2,549,452.64. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Richard Lampen also recently made the following trade(s):

• On Friday, July 5th, Richard Lampen acquired 125,000 shares of Douglas Elliman stock. The shares were acquired at an average price of $1.08 per share, with a total value of $135,000.00.

Douglas Elliman Price Performance

Shares of DOUG stock opened at $1.23 on Friday. Douglas Elliman Inc. has a twelve month low of $1.00 and a twelve month high of $3.16. The company has a market cap of $112.45 million, a P/E ratio of -1.54 and a beta of 1.35. The business has a fifty day simple moving average of $1.18 and a 200 day simple moving average of $1.67.

Douglas Elliman (NYSE:DOUG) last issued its earnings results on Thursday, May 9th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.26). Douglas Elliman had a negative return on equity of 20.62% and a negative net margin of 7.05%. The firm had revenue of $200.24 million during the quarter. During the same period in the previous year, the firm posted ($0.18) earnings per share. As a group, equities research analysts anticipate that Douglas Elliman Inc. will post 0.06 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Douglas Elliman

A number of institutional investors and hedge funds have recently bought and sold shares of DOUG. Russell Investments Group Ltd. increased its holdings in Douglas Elliman by 670.7% in the 4th quarter. Russell Investments Group Ltd. now owns 1,108,053 shares of the company’s stock worth $3,269,000 after purchasing an additional 964,280 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in Douglas Elliman by 159.9% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,563,140 shares of the company’s stock worth $3,533,000 after purchasing an additional 961,592 shares in the last quarter. GSA Capital Partners LLP increased its stake in shares of Douglas Elliman by 116.9% in the first quarter. GSA Capital Partners LLP now owns 786,570 shares of the company’s stock valued at $1,243,000 after buying an additional 423,875 shares during the period. Heartland Advisors Inc. increased its stake in shares of Douglas Elliman by 155.5% in the fourth quarter. Heartland Advisors Inc. now owns 600,000 shares of the company’s stock valued at $1,770,000 after buying an additional 365,154 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Douglas Elliman by 5.8% in the first quarter. Vanguard Group Inc. now owns 3,789,014 shares of the company’s stock valued at $5,987,000 after buying an additional 209,393 shares during the period. Institutional investors and hedge funds own 59.56% of the company’s stock.

About Douglas Elliman

Douglas Elliman Inc owns Douglas Elliman Realty, LLC, operating as a residential brokerage company in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, DC In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets.