Fort Washington Investment Advisors Inc. OH Sells 159,820 Shares of Doximity, Inc. (NASDAQ:DOCS)

Fort Washington Investment Advisors Inc. OH lessened its position in Doximity, Inc. (NASDAQ:DOCS) by 39.2% in the 4th quarter, Holdings Channel reports. The firm owned 248,000 shares of the company’s stock after selling 159,820 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Doximity were worth $13,241,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. UMB Bank n.a. grew its holdings in shares of Doximity by 69.1% in the 4th quarter. UMB Bank n.a. now owns 575 shares of the company’s stock valued at $31,000 after buying an additional 235 shares during the period. Farther Finance Advisors LLC lifted its holdings in Doximity by 324.2% during the third quarter. Farther Finance Advisors LLC now owns 789 shares of the company’s stock worth $34,000 after acquiring an additional 603 shares in the last quarter. Quarry LP lifted its holdings in Doximity by 101.2% during the second quarter. Quarry LP now owns 1,616 shares of the company’s stock worth $45,000 after acquiring an additional 131,253 shares in the last quarter. Morse Asset Management Inc bought a new stake in shares of Doximity in the third quarter worth about $46,000. Finally, GAMMA Investing LLC increased its holdings in shares of Doximity by 40.1% in the third quarter. GAMMA Investing LLC now owns 1,439 shares of the company’s stock worth $63,000 after acquiring an additional 412 shares in the last quarter. 87.19% of the stock is currently owned by institutional investors and hedge funds.

Doximity Trading Up 0.9 %

NASDAQ:DOCS opened at $56.00 on Thursday. The firm has a fifty day simple moving average of $53.59 and a 200 day simple moving average of $43.13. Doximity, Inc. has a 1-year low of $22.96 and a 1-year high of $61.75. The stock has a market capitalization of $10.45 billion, a PE ratio of 64.37, a P/E/G ratio of 4.25 and a beta of 1.38.

Doximity (NASDAQ:DOCS) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.02). The firm had revenue of $136.83 million for the quarter, compared to analyst estimates of $127.05 million. Doximity had a return on equity of 19.79% and a net margin of 33.69%. During the same quarter in the prior year, the firm earned $0.18 earnings per share. On average, equities analysts predict that Doximity, Inc. will post 0.88 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on DOCS shares. Wells Fargo & Company boosted their price objective on Doximity from $41.00 to $43.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. KeyCorp lowered their price objective on shares of Doximity from $70.00 to $65.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Truist Financial boosted their price objective on shares of Doximity from $35.00 to $49.00 and gave the company a “hold” rating in a research report on Thursday, November 14th. Bank of America increased their target price on Doximity from $54.00 to $57.00 and gave the stock a “neutral” rating in a report on Monday, January 6th. Finally, Evercore ISI boosted their price target on Doximity from $34.00 to $45.00 and gave the company an “in-line” rating in a report on Tuesday, October 8th. Thirteen investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Doximity presently has an average rating of “Hold” and an average target price of $53.12.

About Doximity

Doximity, Inc operates a cloud-based digital platform for medical professionals in the United States. The company's platform provides its members with tools built for medical professionals, enabling them to collaborate with their colleagues, coordinate patient care, conduct virtual patient visits, stay up to date with the latest medical news and research, and manage their careers.