Insider Buying: Fathom Holdings Inc. (NASDAQ:FTHM) Director Purchases 20,000 Shares of Stock

Fathom Holdings Inc. (NASDAQ:FTHM) Director Scott N. Flanders bought 20,000 shares of the company’s stock in a transaction on Wednesday, November 27th. The shares were acquired at an average price of $1.95 per share, with a total value of $39,000.00. Following the transaction, the director now directly owns 884,643 shares in the company, valued at approximately $1,725,053.85. The trade was a 2.31 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

Fathom Price Performance

Shares of FTHM stock opened at $2.03 on Tuesday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.19. Fathom Holdings Inc. has a 12-month low of $1.32 and a 12-month high of $4.33. The firm has a fifty day moving average of $2.37 and a 200-day moving average of $2.19. The firm has a market capitalization of $45.92 million, a price-to-earnings ratio of -1.59 and a beta of 2.03.

Analyst Upgrades and Downgrades

Separately, Stephens reiterated an “overweight” rating and issued a $2.50 price objective on shares of Fathom in a report on Tuesday, August 13th.

Institutional Investors Weigh In On Fathom

Several large investors have recently modified their holdings of FTHM. Virtu Financial LLC acquired a new stake in Fathom during the 1st quarter worth approximately $38,000. Sapient Capital LLC bought a new stake in shares of Fathom during the third quarter worth $32,000. AMG National Trust Bank raised its holdings in shares of Fathom by 159.4% during the second quarter. AMG National Trust Bank now owns 48,817 shares of the company’s stock worth $84,000 after acquiring an additional 30,000 shares during the period. XTX Topco Ltd bought a new stake in Fathom in the 2nd quarter valued at $32,000. Finally, Connective Capital Management LLC boosted its stake in Fathom by 50.9% in the 2nd quarter. Connective Capital Management LLC now owns 122,673 shares of the company’s stock worth $211,000 after purchasing an additional 41,380 shares during the period. 55.49% of the stock is currently owned by institutional investors.

About Fathom

Fathom Holdings Inc provides a real estate services platform that integrates residential brokerage, mortgage, title, and insurance services in the United States. It operates through three segments: Real Estate Brokerage, Mortgage, and Technology. The Real Estate Brokerage segment provides real estate brokerage services.