77,364 Shares in Douglas Elliman Inc. (NYSE:DOUG) Bought by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC bought a new position in Douglas Elliman Inc. (NYSE:DOUG) during the 4th quarter, Holdings Channel reports. The institutional investor bought 77,364 shares of the company’s stock, valued at approximately $129,000.

A number of other large investors also recently modified their holdings of the company. Atria Investments Inc raised its holdings in shares of Douglas Elliman by 39.6% in the 4th quarter. Atria Investments Inc now owns 28,529 shares of the company’s stock worth $48,000 after purchasing an additional 8,095 shares during the period. Golden State Wealth Management LLC purchased a new position in Douglas Elliman in the fourth quarter valued at approximately $25,000. Boothbay Fund Management LLC purchased a new position in Douglas Elliman in the fourth quarter valued at approximately $27,000. Alpine Global Management LLC purchased a new position in Douglas Elliman in the fourth quarter valued at approximately $28,000. Finally, JPMorgan Chase & Co. raised its holdings in Douglas Elliman by 79.1% in the fourth quarter. JPMorgan Chase & Co. now owns 38,560 shares of the company’s stock valued at $64,000 after buying an additional 17,027 shares during the period. 59.56% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Douglas Elliman

In other news, Director Patrick J. Bartels, Jr. acquired 58,104 shares of the company’s stock in a transaction dated Monday, May 12th. The shares were bought at an average price of $1.92 per share, for a total transaction of $111,559.68. Following the completion of the purchase, the director now directly owns 193,975 shares of the company’s stock, valued at approximately $372,432. This trade represents a 42.76% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 12.62% of the stock is currently owned by corporate insiders.

Douglas Elliman Stock Performance

Shares of DOUG stock opened at $2.08 on Thursday. The company’s fifty day simple moving average is $1.72 and its 200-day simple moving average is $1.86. Douglas Elliman Inc. has a 52 week low of $1.00 and a 52 week high of $2.98. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.20. The company has a market cap of $184.13 million, a PE ratio of -2.01 and a beta of 1.52.

Douglas Elliman (NYSE:DOUG) last released its quarterly earnings data on Thursday, May 1st. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.05). Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%. The company had revenue of $253.40 million during the quarter, compared to analysts’ expectations of $223.19 million.

About Douglas Elliman

Douglas Elliman Inc owns Douglas Elliman Realty, LLC, operating as a residential brokerage company in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, DC In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets.