Jane Street Group LLC Sells 299,235 Shares of Douglas Elliman Inc. (NYSE:DOUG)

Jane Street Group LLC decreased its position in Douglas Elliman Inc. (NYSE:DOUG) by 47.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 325,007 shares of the company’s stock after selling 299,235 shares during the quarter. Jane Street Group LLC’s holdings in Douglas Elliman were worth $595,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in DOUG. Point72 DIFC Ltd grew its position in Douglas Elliman by 2,757.2% during the second quarter. Point72 DIFC Ltd now owns 26,343 shares of the company’s stock valued at $31,000 after buying an additional 25,421 shares during the period. Mesirow Financial Investment Management Inc. purchased a new stake in Douglas Elliman during the third quarter worth about $34,000. Atria Investments Inc increased its holdings in Douglas Elliman by 62.5% during the third quarter. Atria Investments Inc now owns 20,434 shares of the company’s stock worth $37,000 after buying an additional 7,862 shares during the last quarter. Walleye Capital LLC purchased a new stake in Douglas Elliman during the third quarter worth about $54,000. Finally, Venture Visionary Partners LLC purchased a new stake in Douglas Elliman during the third quarter worth about $62,000. Institutional investors own 59.56% of the company’s stock.

Douglas Elliman Stock Performance

NYSE DOUG opened at $1.70 on Friday. Douglas Elliman Inc. has a 52-week low of $1.00 and a 52-week high of $2.98. The company has a 50-day simple moving average of $2.02 and a 200 day simple moving average of $1.77. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.62 and a current ratio of 4.62. The company has a market capitalization of $151.58 million, a PE ratio of -1.65 and a beta of 1.47.

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.