Patrick J. Bartels, Jr. Buys 15,200 Shares of Douglas Elliman Inc. (NYSE:DOUG) Stock

Douglas Elliman Inc. (NYSE:DOUG) Director Patrick J. Bartels, Jr. acquired 15,200 shares of Douglas Elliman stock in a transaction dated Thursday, May 8th. The shares were bought at an average cost of $1.84 per share, with a total value of $27,968.00. Following the transaction, the director now owns 74,175 shares in the company, valued at approximately $136,482. This trade represents a 25.77% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Douglas Elliman Stock Performance

Shares of DOUG stock opened at $2.05 on Wednesday. The company has a market cap of $181.47 million, a price-to-earnings ratio of -1.99 and a beta of 1.52. Douglas Elliman Inc. has a 52 week low of $1.00 and a 52 week high of $2.98. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average of $1.72 and a 200-day moving average of $1.86.

Douglas Elliman (NYSE:DOUG) last announced 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). The company had revenue of $253.40 million for the quarter, compared to analyst estimates of $223.19 million. Douglas Elliman had a negative return on equity of 22.85% and a negative net margin of 8.81%.

Institutional Trading of Douglas Elliman

Several large investors have recently modified their holdings of DOUG. Barclays PLC grew its position in shares of Douglas Elliman by 3,808,900.0% during the 3rd quarter. Barclays PLC now owns 38,090 shares of the company’s stock worth $70,000 after buying an additional 38,089 shares during the period. Diversified Investment Strategies LLC lifted its holdings in shares of Douglas Elliman by 59.5% in the 4th quarter. Diversified Investment Strategies LLC now owns 824,765 shares of the company’s stock worth $1,377,000 after purchasing an additional 307,657 shares in the last quarter. Golden State Wealth Management LLC bought a new position in shares of Douglas Elliman in the 4th quarter worth $25,000. US Bancorp DE lifted its holdings in shares of Douglas Elliman by 36,851.9% in the 4th quarter. US Bancorp DE now owns 19,954 shares of the company’s stock worth $33,000 after purchasing an additional 19,900 shares in the last quarter. Finally, Atria Investments Inc lifted 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 in the last quarter. Institutional investors and hedge funds 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.