XTX Topco Ltd Makes New Investment in Fathom Holdings Inc. (NASDAQ:FTHM)

XTX Topco Ltd bought a new position in Fathom Holdings Inc. (NASDAQ:FTHM) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 18,835 shares of the company’s stock, valued at approximately $32,000.

Several other large investors have also bought and sold shares of FTHM. Cannell Capital LLC raised its holdings in Fathom by 6.3% in the fourth quarter. Cannell Capital LLC now owns 1,644,578 shares of the company’s stock worth $5,904,000 after buying an additional 97,697 shares during the last quarter. Connective Capital Management LLC purchased a new position in Fathom in the first quarter worth about $162,000. AMG National Trust Bank raised its holdings in Fathom by 159.4% in the second quarter. AMG National Trust Bank now owns 48,817 shares of the company’s stock worth $84,000 after buying an additional 30,000 shares during the last quarter. Virtu Financial LLC purchased a new position in Fathom in the first quarter worth about $38,000. Finally, Renaissance Technologies LLC raised its holdings in Fathom by 31.3% in the second quarter. Renaissance Technologies LLC now owns 49,100 shares of the company’s stock worth $84,000 after buying an additional 11,700 shares during the last quarter. 55.49% of the stock is owned by hedge funds and other institutional investors.

Fathom Stock Down 2.2 %

FTHM opened at $2.61 on Thursday. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.08. The firm has a 50 day moving average price of $2.53 and a 200-day moving average price of $2.00. Fathom Holdings Inc. has a twelve month low of $1.32 and a twelve month high of $4.42. The stock has a market capitalization of $54.66 million, a price-to-earnings ratio of -1.84 and a beta of 2.04.

Fathom (NASDAQ:FTHM) last released its quarterly earnings data on Monday, August 12th. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.21) by $0.14. The firm had revenue of $89.21 million during the quarter, compared to analysts’ expectations of $87.72 million. Fathom had a negative net margin of 6.46% and a negative return on equity of 39.16%. During the same period in the previous year, the company earned ($0.27) earnings per share. Equities research analysts forecast that Fathom Holdings Inc. will post -0.74 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Stephens reissued an “overweight” rating and set a $2.50 price objective on shares of Fathom in a report on Tuesday, August 13th.

Fathom 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.