Doma Holdings Inc. (NYSE:DOMA - Get Free Report) was the target of unusually large options trading activity on Wednesday. Investors bought 2,535 call options on the stock. This is an increase of approximately 1,660% compared to the typical daily volume of 144 call options.
Doma Price Performance
Shares of NYSE DOMA remained flat at $6.04 during midday trading on Thursday. 35,955 shares of the stock traded hands, compared to its average volume of 37,709. The company's 50 day simple moving average is $4.92 and its two-hundred day simple moving average is $4.81. Doma has a one year low of $3.86 and a one year high of $11.49. The stock has a market cap of $83.90 million, a price-to-earnings ratio of -0.64 and a beta of 1.85.
Doma (NYSE:DOMA - Get Free Report) last posted its earnings results on Tuesday, March 12th. The company reported ($1.22) earnings per share for the quarter. The firm had revenue of $84.61 million for the quarter. Doma had a negative return on equity of 2,120.08% and a negative net margin of 38.39%.
Analysts Set New Price Targets
Several analysts have recently issued reports on the stock. Citigroup boosted their price target on shares of Doma from $6.00 to $6.29 and gave the company a "neutral" rating in a research report on Tuesday, April 2nd. JMP Securities reissued a "market outperform" rating and issued a $20.00 price target on shares of Doma in a research report on Monday.
Read Our Latest Research Report on DOMA
Institutional Trading of Doma
A number of hedge funds and other institutional investors have recently bought and sold shares of DOMA. Vanguard Group Inc. grew its stake in Doma by 105.9% in the 1st quarter. Vanguard Group Inc. now owns 7,160,061 shares of the company's stock worth $15,537,000 after buying an additional 3,683,441 shares in the last quarter. FMR LLC grew its stake in Doma by 24.1% in the 1st quarter. FMR LLC now owns 9,637,338 shares of the company's stock worth $3,927,000 after buying an additional 1,870,914 shares in the last quarter. State Street Corp grew its stake in Doma by 182.2% in the 2nd quarter. State Street Corp now owns 2,236,439 shares of the company's stock worth $2,304,000 after buying an additional 1,443,799 shares in the last quarter. Northern Trust Corp grew its stake in Doma by 298.4% in the 2nd quarter. Northern Trust Corp now owns 1,329,035 shares of the company's stock worth $1,369,000 after buying an additional 995,420 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in Doma by 208.5% in the 2nd quarter. Renaissance Technologies LLC now owns 796,900 shares of the company's stock worth $821,000 after buying an additional 538,600 shares in the last quarter. Institutional investors own 20.67% of the company's stock.
About Doma
(
Get Free Report)
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.
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