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CARY, N.C.—Samantha Giuggio, Chief Broker Officer of Fathom Holdings Inc . (NASDAQ:FTHM), recently sold 12,841 shares of the company’s common stock. The sale, executed on April 1, 2025, was valued at approximately $9,290, with shares sold at prices ranging from $0.7078 to $0.7262. The transaction comes as the stock has declined over 20% in the past week, with the company currently valued at $20.4 million. According to InvestingPro analysis, FTHM is currently trading below its Fair Value, at just 0.47 times book value.
The transaction was carried out to cover taxes upon the vesting of restricted stock. Following the sale, Giuggio retains direct ownership of 104,689 shares. Additionally, Giuggio holds an indirect ownership of 5,424 shares, with 7,318 of these shares restricted and set to vest on June 29, 2025, and another 4,634 shares restricted, vesting on March 30, 2026. For deeper insights into FTHM’s valuation and 20+ additional key metrics, access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Fathom Holdings reported its financial results for the fourth quarter of 2024, highlighting a wider-than-expected loss per share but exceeding revenue forecasts. The company posted an EPS of -$0.29, which was below the projected -$0.14, while revenue reached $91.7 million, surpassing expectations by approximately $9.18 million. This revenue growth, marking a 24% year-over-year increase, was attributed to an expansion in real estate transactions and a strategic focus on increasing its agent network. The company’s agent count rose by 21% to 14,300 licenses. Despite the earnings miss, the revenue beat indicates strong operational performance and effective execution in expanding transaction volumes.
In related developments, D A Davidson provided an update on the online real estate sector, observing a year-over-year growth in total agent count for the first time in five quarters. The firm maintains a neutral stance on the U.S. brokerage space, noting potential benefits for digital and cloud-based real estate companies if mortgage rates stabilize or decline. D A Davidson’s commentary suggests a slight recovery in the brokerage industry, with expectations of continued agent growth into the first quarter of 2025. These insights underscore the importance of mortgage rates in the real estate market, particularly for digital players. The firm’s outlook remains cautiously optimistic, reflecting a readiness to reevaluate should market conditions change.
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