Investors Buy High Volume of Doma Call Options (NYSE:DOMA)

Doma Holdings Inc. (NYSE:DOMAGet Free Report) saw unusually large options trading on Wednesday. Traders acquired 2,535 call options on the stock. This is an increase of 1,660% compared to the average daily volume of 144 call options.

Analysts Set New Price Targets

Several research firms have recently weighed in on DOMA. JMP Securities reduced their price objective on Doma from $25.00 to $20.00 and set a “market outperform” rating for the company in a research report on Thursday, March 14th. Citigroup upped their price objective on Doma from $6.00 to $6.29 and gave the stock a “neutral” rating in a research report on Tuesday.

Read Our Latest Report on Doma

Doma Stock Performance

DOMA opened at $6.12 on Thursday. Doma has a 52-week low of $3.86 and a 52-week high of $11.49. The firm has a market capitalization of $82.23 million, a PE ratio of -0.65 and a beta of 1.85. The business’s 50-day simple moving average is $4.50 and its 200 day simple moving average is $4.69.

Institutional Trading of Doma

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bridgeway Capital Management LLC bought a new stake in Doma in the fourth quarter valued at approximately $116,000. Northern Trust Corp bought a new stake in Doma in the fourth quarter valued at approximately $140,000. Vanguard Group Inc. raised its stake in Doma by 6.6% in the third quarter. Vanguard Group Inc. now owns 519,035 shares of the company’s stock valued at $2,637,000 after buying an additional 32,149 shares during the period. FMR LLC raised its stake in Doma by 25.0% in the third quarter. FMR LLC now owns 349,938 shares of the company’s stock valued at $1,778,000 after buying an additional 70,022 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Doma in the second quarter valued at approximately $91,000. Institutional investors own 20.67% of the company’s stock.

About Doma

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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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