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

Doma (NYSE:DOMA – Get Score) was downgraded by Zacks Investment Investigate from a “hold” score to a “sell” score in a research take note issued to investors on Monday, Zacks.com studies.

According to Zacks, “Doma Holdings Inc. is working with machine intelligence and its proprietary technological know-how solutions for serious estate closing knowledge for latest and future householders, loan providers, title agents, and real estate pros. Doma Holdings Inc., previously regarded as Capitol Financial commitment Corp. V, is based in SAN FRANCISCO. “

A selection of other research analysts have also not long ago commented on DOMA. DA Davidson slice their price target on shares of Doma from $14.00 to $7.50 and set a “buy” rating on the inventory in a report on Friday, February 18th. BTIG Analysis initiated protection on shares of Doma in a report on Wednesday, February 2nd. They set a “neutral” rating on the inventory. One equities analysis analyst has rated the stock with a provide score, a person has given a maintain ranking and 4 have provided a get rating to the company. According to MarketBeat.com, the firm has an ordinary score of “Buy” and an regular cost concentrate on of $10.88.

Shares of NYSE DOMA traded down $.02 in the course of mid-working day trading on Monday, reaching $1.84. The business experienced a buying and selling quantity of 1,954,690 shares, as opposed to its normal quantity of 1,722,635. The stock’s 50-day moving typical selling price is $2.62. Doma has a 52 7 days minimal of $1.74 and a 52 7 days higher of $10.03.

Doma (NYSE:DOMA – Get Score) past posted its quarterly earnings benefits on Thursday, February 17th. The business claimed ($.16) EPS for the quarter, lacking the Zacks’ consensus estimate of ($.14) by ($.02). The firm had earnings of $137.68 million for the quarter, when compared to analysts’ anticipations of $124.40 million. Research analysts forecast that Doma will write-up -.08 earnings for every share for the present-day calendar year.

In other information, Director Mark Ein bought 332,970 shares of the inventory in a transaction dated Wednesday, February 23rd. The shares were acquired at an average value of $2.40 per share, for a complete transaction of $799,128.00. The acquisition was disclosed in a document submitted with the SEC, which is obtainable by means of this website link.

Quite a few substantial buyers have recently additional to or lowered their stakes in the corporation. ETF Administrators Group LLC acquired a new place in shares of Doma in the 4th quarter valued at roughly $25,000. Close Asset Management Ltd ordered a new placement in shares of Doma in the 3rd quarter valued at roughly $59,000. Penserra Cash Management LLC obtained a new place in shares of Doma in the 3rd quarter valued at somewhere around $59,000. Credit score Suisse AG obtained a new place in shares of Doma in the 3rd quarter valued at somewhere around $81,000. Lastly, Ensign Peak Advisors Inc acquired a new situation in shares of Doma in the 4th quarter valued at about $56,000. Institutional investors and hedge money very own 16.36% of the company’s inventory.

Doma Corporation Profile (Get Rating)

Doma Holdings Inc originates, underwrites, and presents title, escrow, and settlement products and services to owners, lenders, title agents, and authentic estate gurus. It operates by way of two segments, Distribution and Underwriting. The business also engages in title insurance plan underwriting business, including guidelines referred via its immediate agents and 3rd-get together agents’ channels and delivers solutions in the locations of purchase and refinance transactions in the residential real estate current market.

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