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In a recent transaction involving Fathom Holdings Inc . (NASDAQ:FTHM), Director Murray Stephen H. acquired a significant amount of the company’s stock. On March 14, 2025, Murray purchased 138,773 shares of Fathom Holdings’ common stock at a price of $0.7206 per share. The total value of this acquisition amounts to $99,999. The purchase comes as the stock trades at $0.89, significantly below its 52-week high of $3.37. According to InvestingPro analysis, the company appears undervalued based on its Fair Value metrics.
Following this transaction, Murray now holds a total of 266,500 shares, which includes 43,478 restricted stock units set to vest fully on August 18, 2025. This move reflects Murray’s increased stake in the real estate company, which is based in Cary, North Carolina. With a current market capitalization of $20.09 million and trading at just 0.47 times book value, InvestingPro has identified 17 additional key insights about FTHM’s financial health and market position in its comprehensive Pro Research Report.
In other recent news, Fathom Holdings reported a wider-than-anticipated loss per share for the fourth quarter of 2024, with an EPS of -$0.29, missing the forecasted -$0.14. Despite the earnings miss, the company exceeded revenue expectations, reporting $91.7 million against a forecast of $81.99 million, marking a 24% year-over-year increase. The company has shown resilience in a challenging market, driven by an increase in real estate transactions and a strategic focus on expanding its agent network, which grew by 21% to 14,300 licenses. Fathom Holdings also plans to achieve EBITDA profitability by the second quarter of 2025, focusing on revenue growth through acquisitions and cost management.
The company has been actively expanding its ancillary services, with its mortgage division, Encompass Lending Group, seeing an 11.1% increase in revenue compared to the previous year. Additionally, Verus Title reported an 80% increase in revenue, despite remaining in a loss position. CEO Marco Prejnal remains optimistic about the company’s strategic direction, highlighting low transaction costs and expanding ancillary services as key growth drivers. The company recently acquired My Home Group, which is expected to contribute significantly to revenue in 2025. Fathom Holdings continues to navigate macroeconomic pressures, including fluctuating mortgage rates and competitive challenges in the real estate market.
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