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

Doma Holdings Inc. (NYSE:DOMAGet Rating) was the recipient of unusually large options trading activity on Wednesday. Stock investors purchased 2,535 call options on the stock. This is an increase of approximately 1,660% compared to the typical volume of 144 call options.

Several research analysts recently issued reports on the stock. Oppenheimer cut shares of Doma from an “outperform” rating to a “market perform” rating in a report on Monday, May 16th. DA Davidson dropped their price target on shares of Doma from $7.00 to $6.00 and set a “buy” rating on the stock in a research report on Tuesday, April 12th. Finally, Compass Point initiated coverage on shares of Doma in a research report on Wednesday, May 25th. They set a “neutral” rating and a $2.00 price target on the stock. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $8.80.

Several hedge funds and other institutional investors have recently made changes to their positions in DOMA. ETF Managers Group LLC acquired a new stake in shares of Doma in the fourth quarter valued at about $25,000. CTC Capital Management LLC acquired a new stake in shares of Doma in the first quarter valued at about $29,000. HighTower Advisors LLC acquired a new stake in shares of Doma in the first quarter valued at about $38,000. Gs Investments Inc. acquired a new stake in shares of Doma in the first quarter valued at about $49,000. Finally, Miracle Mile Advisors LLC acquired a new stake in shares of Doma in the first quarter valued at about $50,000. Institutional investors and hedge funds own 55.82% of the company’s stock.

DOMA stock opened at $1.37 on Thursday. The firm has a market cap of $444.85 million, a PE ratio of -0.57 and a beta of 0.99. The firm’s fifty day moving average is $1.78 and its 200 day moving average is $3.06. Doma has a one year low of $1.27 and a one year high of $10.00.

Doma (NYSE:DOMAGet Rating) last announced its earnings results on Tuesday, May 10th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.05). Doma had a negative net margin of 27.90% and a negative return on equity of 66.99%. The company had revenue of $112.21 million during the quarter, compared to analyst estimates of $119.10 million. Research analysts predict that Doma will post -0.11 EPS for the current year.

Doma Company Profile (Get Rating)

Doma Holdings Inc originates, underwrites, and provides title, escrow, and settlement services to homeowners, lenders, title agents, and real estate professionals. It operates through two segments, Distribution and Underwriting. The company also engages in title insurance underwriting business, including policies referred through its direct agents and third-party agents’ channels; and provides services in the areas of purchase and refinance transactions in the residential real estate market.

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