Douglas Elliman Inc. (NYSE:DOUG – Get Free Report) was the target of unusually large options trading activity on Friday. Stock traders acquired 3,071 call options on the stock. This represents an increase of 3,739% compared to the typical daily volume of 80 call options.
Douglas Elliman Stock Performance
DOUG traded up $0.38 during midday trading on Friday, reaching $1.73. The company had a trading volume of 5,809,534 shares, compared to its average volume of 977,875. The stock has a market cap of $158.16 million, a PE ratio of -2.18 and a beta of 1.35. Douglas Elliman has a 12-month low of $1.00 and a 12-month high of $3.16. The business has a 50-day moving average price of $1.18 and a two-hundred day moving average price of $1.56.
Douglas Elliman (NYSE:DOUG – Get Free Report) last released its earnings results on Thursday, May 9th. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.26). Douglas Elliman had a negative net margin of 7.05% and a negative return on equity of 20.62%. The company had revenue of $200.24 million during the quarter. During the same quarter last year, the firm posted ($0.18) EPS. On average, research analysts anticipate that Douglas Elliman will post 0.06 earnings per share for the current year.
Insider Buying and Selling
Institutional Trading of Douglas Elliman
Hedge funds and other institutional investors have recently modified their holdings of the business. Los Angeles Capital Management LLC raised its position in shares of Douglas Elliman by 21.7% in the fourth quarter. Los Angeles Capital Management LLC now owns 149,320 shares of the company’s stock valued at $440,000 after purchasing an additional 26,660 shares during the period. Venture Visionary Partners LLC bought a new stake in shares of Douglas Elliman in the fourth quarter valued at approximately $50,000. Russell Investments Group Ltd. raised its position in shares of Douglas Elliman by 670.7% in the fourth quarter. Russell Investments Group Ltd. now owns 1,108,053 shares of the company’s stock valued at $3,269,000 after purchasing an additional 964,280 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Douglas Elliman in the first quarter valued at approximately $48,000. Finally, Public Employees Retirement System of Ohio raised its position in shares of Douglas Elliman by 111.0% in the third quarter. Public Employees Retirement System of Ohio now owns 116,584 shares of the company’s stock valued at $263,000 after purchasing an additional 61,330 shares during the period. Institutional investors own 59.56% of the company’s stock.
Douglas Elliman Company Profile
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.
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