Doma Sees Unusually Large Options Volume (NYSE:DOMA)

Doma Holdings Inc. (NYSE:DOMA) was the recipient of some unusual options trading activity on Wednesday. Investors acquired 2,535 call options on the company. This is an increase of 1,660% compared to the typical daily volume of 144 call options.

Doma Stock Down 0.2 %

Shares of NYSE DOMA opened at $6.10 on Thursday. The firm’s 50-day simple moving average is $6.03 and its 200 day simple moving average is $5.71. The stock has a market cap of $85.47 million, a P/E ratio of -0.80 and a beta of 1.58. Doma has a fifty-two week low of $3.86 and a fifty-two week high of $6.51.

Analyst Upgrades and Downgrades

Separately, JMP Securities reiterated a “market perform” rating on shares of Doma in a research note on Thursday, May 23rd.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Doma stock. Renaissance Technologies LLC grew its stake in shares of Doma Holdings Inc. (NYSE:DOMA) by 21.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,407 shares of the company’s stock after purchasing an additional 9,600 shares during the period. Renaissance Technologies LLC owned about 0.39% of Doma worth $330,000 as of its most recent SEC filing. 20.67% of the stock is owned by institutional investors and hedge funds.

Doma Company Profile

Doma Holdings Inc issues residential and commercial title insurance for purchase and refinance transactions in the United States. It operates through two segments, Underwriting; and Corporate and Other. The company offers title insurance underwriting, including policies referred to through its third-party agents' channel; and other insurance services for the residential real estate market.