Geode Capital Management LLC Acquires 17,864 Shares of Fathom Holdings Inc. (NASDAQ:FTHM)

Geode Capital Management LLC lifted its position in shares of Fathom Holdings Inc. (NASDAQ:FTHM) by 18.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 116,816 shares of the company’s stock after purchasing an additional 17,864 shares during the quarter. Geode Capital Management LLC’s holdings in Fathom were worth $303,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Renaissance Technologies LLC lifted its position in shares of Fathom by 31.3% in the second quarter. Renaissance Technologies LLC now owns 49,100 shares of the company’s stock valued at $84,000 after buying an additional 11,700 shares during the last quarter. Sapient Capital LLC bought a new position in shares of Fathom in the 3rd quarter valued at $32,000. JB Capital Partners LP increased its stake in shares of Fathom by 24.1% in the 3rd quarter. JB Capital Partners LP now owns 69,882 shares of the company’s stock valued at $181,000 after purchasing an additional 13,582 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Fathom during the 2nd quarter valued at $32,000. Finally, Connective Capital Management LLC boosted its holdings in shares of Fathom by 50.9% during the 2nd quarter. Connective Capital Management LLC now owns 122,673 shares of the company’s stock valued at $211,000 after acquiring an additional 41,380 shares in the last quarter. 55.49% of the stock is owned by institutional investors and hedge funds.

Fathom Stock Up 0.7 %

Shares of FTHM opened at $1.45 on Tuesday. The company has a market capitalization of $32.80 million, a PE ratio of -1.13 and a beta of 1.95. Fathom Holdings Inc. has a 12 month low of $1.32 and a 12 month high of $3.37. The stock’s 50-day moving average price is $1.82 and its two-hundred day moving average price is $2.20. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.19.

Insiders Place Their Bets

In other news, Director Scott N. Flanders bought 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The stock was acquired at an average cost of $1.95 per share, with a total value of $39,000.00. Following the transaction, the director now directly owns 884,643 shares of the company’s stock, valued at approximately $1,725,053.85. This represents a 2.31 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders have purchased 45,487 shares of company stock valued at $88,700. 39.70% of the stock is currently owned by company insiders.

Fathom Company Profile

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.