Douglas Elliman Inc. (NYSE:DOUG) Director Buys $111,559.68 in Stock

Douglas Elliman Inc. (NYSE:DOUG - Get Free Report) Director Patrick J. Bartels, Jr. purchased 58,104 shares of the company's stock in a transaction dated Monday, May 12th. The stock was purchased at an average price of $1.92 per share, for a total transaction of $111,559.68. Following the transaction, the director now directly owns 193,975 shares in the company, valued at approximately $372,432. This trade represents a 42.76% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Douglas Elliman Trading Up 0.2%

NYSE DOUG traded up $0.01 during trading hours on Thursday, hitting $2.09. 322,496 shares of the company's stock were exchanged, compared to its average volume of 835,327. The firm has a market cap of $185.02 million, a price-to-earnings ratio of -2.02 and a beta of 1.52. The stock has a 50-day simple moving average of $1.72 and a 200 day simple moving average of $1.86. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.20. Douglas Elliman Inc. has a 1-year low of $1.00 and a 1-year high of $2.98.

Douglas Elliman (NYSE:DOUG - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.05). Douglas Elliman had a negative return on equity of 22.85% and a negative net margin of 8.81%. The company had revenue of $253.40 million for the quarter, compared to analyst estimates of $223.19 million.

Hedge Funds Weigh In On Douglas Elliman

Several institutional investors have recently made changes to their positions in DOUG. Truffle Hound Capital LLC acquired a new position in shares of Douglas Elliman during the fourth quarter valued at about $3,340,000. Hotchkis & Wiley Capital Management LLC acquired a new position in Douglas Elliman during the 1st quarter valued at about $2,785,000. First Eagle Investment Management LLC increased its holdings in Douglas Elliman by 436.1% during the 4th quarter. First Eagle Investment Management LLC now owns 1,126,312 shares of the company's stock worth $1,881,000 after purchasing an additional 916,210 shares in the last quarter. Moerus Capital Management LLC raised its stake in shares of Douglas Elliman by 36.3% in the first quarter. Moerus Capital Management LLC now owns 2,949,388 shares of the company's stock worth $5,073,000 after purchasing an additional 786,279 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its holdings in shares of Douglas Elliman by 144.0% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 979,425 shares of the company's stock valued at $1,636,000 after purchasing an additional 578,044 shares in the last quarter. 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.