Doma Target of Unusually Large Options Trading (NYSE:DOMA)

Doma Holdings Inc. (NYSE:DOMA) was the recipient of some unusual options trading on Wednesday. Stock traders acquired 2,535 call options on the stock. This is an increase of 1,660% compared to the average volume of 144 call options.

Doma Trading Up 0.4 %

DOMA opened at $6.12 on Friday. Doma has a 12-month low of $3.86 and a 12-month high of $6.45. The company has a market cap of $85.81 million, a price-to-earnings ratio of -0.80 and a beta of 1.58. The company’s 50 day moving average is $6.04 and its 200 day moving average is $5.71.

Doma (NYSE:DOMA) last issued its quarterly earnings results on Tuesday, August 13th. The company reported ($1.29) earnings per share for the quarter. The business had revenue of $77.65 million for the quarter. Doma had a negative return on equity of 2,120.08% and a negative net margin of 28.68%.

Institutional Trading of Doma

An institutional investor recently raised its position in Doma stock. Vanguard Group Inc. grew its position in Doma Holdings Inc. (NYSE:DOMA) by 8.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 559,431 shares of the company’s stock after purchasing an additional 43,422 shares during the quarter. Vanguard Group Inc. owned approximately 4.03% of Doma worth $2,540,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 20.67% of the company’s stock.

Wall Street Analysts Forecast Growth

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

About Doma

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.