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Doma Holdings Inc. (NYSE:DOMA) CEO Maxwell Simkoff Sells 68,334 Shares

kopsource ·  Aug 19, 2022 09:12

Doma Holdings Inc. (NYSE:DOMA – Get Rating) CEO Maxwell Simkoff sold 68,334 shares of the company's stock in a transaction that occurred on Tuesday, August 16th. The stock was sold at an average price of $1.00, for a total value of $68,334.00. Following the transaction, the chief executive officer now directly owns 47,664,941 shares in the company, valued at $47,664,941. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Maxwell Simkoff also recently made the following trade(s):

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  • On Tuesday, August 9th, Maxwell Simkoff sold 63,389 shares of Doma stock. The stock was sold at an average price of $0.71, for a total value of $45,006.19.
  • On Thursday, August 4th, Maxwell Simkoff sold 76,185 shares of Doma stock. The stock was sold at an average price of $0.81, for a total value of $61,709.85.

Doma Price Performance

Shares of NYSE:DOMA opened at $0.87 on Friday. The company has a market capitalization of $281.82 million, a PE ratio of -1.52 and a beta of 1.05. The business has a fifty day moving average price of $0.96 and a two-hundred day moving average price of $1.81. Doma Holdings Inc. has a 1 year low of $0.69 and a 1 year high of $9.10.

Doma (NYSE:DOMA – Get Rating) last announced its quarterly earnings data on Tuesday, August 9th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.12) by ($0.06). The business had revenue of $123.74 million during the quarter, compared to the consensus estimate of $118.60 million. Doma had a negative net margin of 34.81% and a negative return on equity of 62.96%. Sell-side analysts anticipate that Doma Holdings Inc. will post -0.12 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Compass Point assumed coverage on Doma in a report on Wednesday, May 25th. They set a "neutral" rating and a $2.00 price target for the company. Oppenheimer downgraded Doma from an "outperform" rating to a "market perform" rating in a report on Monday, May 16th. Finally, DA Davidson decreased their price target on Doma from $4.25 to $2.50 and set a "buy" rating for the company in a report on Wednesday, August 10th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $6.63.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of DOMA. ETF Managers Group LLC bought a new position in shares of Doma during the 4th quarter worth $25,000. CTC Capital Management LLC bought a new position in shares of Doma during the 1st quarter worth $29,000. Strs Ohio bought a new position in shares of Doma during the 2nd quarter worth $32,000. HighTower Advisors LLC bought a new position in shares of Doma during the 1st quarter worth $38,000. Finally, SG Americas Securities LLC bought a new position in shares of Doma during the 2nd quarter worth $48,000. Institutional investors own 55.82% of the company's stock.

About Doma

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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.

Further Reading

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