Doma (NYSE:DOMA) Cut to Sell at Zacks Investment Research

Doma (NYSE:DOMA – Get Rating) was downgraded by Zacks Financial commitment Investigation from a “hold” score to a “sell” score in a research observe issued to traders on Monday, Zacks.com reports.

According to Zacks, “Doma Holdings Inc. is employing equipment intelligence and its proprietary technological know-how solutions for authentic estate closing practical experience for latest and prospective property owners, lenders, title brokers, and true estate gurus. Doma Holdings Inc., previously recognized as Capitol Financial investment Corp. V, is dependent in SAN FRANCISCO. “

A amount of other exploration analysts have also recently commented on DOMA. DA Davidson reduce their price target on shares of Doma from $14.00 to $7.50 and established a “buy” score on the stock in a report on Friday, February 18th. BTIG Study initiated protection on shares of Doma in a report on Wednesday, February 2nd. They set a “neutral” ranking on the stock. One equities investigation analyst has rated the stock with a provide score, one has provided a hold ranking and 4 have given a acquire rating to the organization. In accordance to MarketBeat.com, the organization has an typical score of “Buy” and an regular price concentrate on of $10.88.

Shares of NYSE DOMA traded down $.02 all through mid-working day buying and selling on Monday, achieving $1.84. The business had a buying and selling quantity of 1,954,690 shares, in contrast to its normal quantity of 1,722,635. The stock’s 50-working day relocating common price is $2.62. Doma has a 52 7 days reduced of $1.74 and a 52 7 days large of $10.03.

Doma (NYSE:DOMA – Get Rating) previous posted its quarterly earnings final results on Thursday, February 17th. The company noted ($.16) EPS for the quarter, lacking the Zacks’ consensus estimate of ($.14) by ($.02). The agency had revenue of $137.68 million for the quarter, in comparison to analysts’ expectations of $124.40 million. Research analysts forecast that Doma will submit -.08 earnings for every share for the latest 12 months.

In other news, Director Mark Ein acquired 332,970 shares of the inventory in a transaction dated Wednesday, February 23rd. The shares ended up acquired at an ordinary price of $2.40 for every share, for a total transaction of $799,128.00. The acquisition was disclosed in a document filed with the SEC, which is accessible by means of this link.

Many large traders have not long ago included to or decreased their stakes in the enterprise. ETF Supervisors Group LLC purchased a new posture in shares of Doma in the 4th quarter valued at roughly $25,000. Shut Asset Administration Ltd bought a new placement in shares of Doma in the 3rd quarter valued at about $59,000. Penserra Cash Administration LLC purchased a new position in shares of Doma in the 3rd quarter valued at about $59,000. Credit rating Suisse AG obtained a new placement in shares of Doma in the 3rd quarter valued at approximately $81,000. Finally, Ensign Peak Advisors Inc obtained a new posture in shares of Doma in the 4th quarter valued at about $56,000. Institutional buyers and hedge funds own 16.36% of the company’s inventory.

Doma Enterprise Profile (Get Ranking)

Doma Holdings Inc originates, underwrites, and delivers title, escrow, and settlement products and services to house owners, loan companies, title agents, and actual estate gurus. It operates by two segments, Distribution and Underwriting. The organization also engages in title coverage underwriting small business, together with procedures referred by way of its direct brokers and 3rd-social gathering agents’ channels and supplies expert services in the regions of obtain and refinance transactions in the household serious estate market place.

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