MYDA Advisors LLC Buys Shares of 282,400 Douglas Elliman Inc. (NYSE:DOUG)

MYDA Advisors LLC acquired a new position in Douglas Elliman Inc. (NYSE:DOUG - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 282,400 shares of the company's stock, valued at approximately $472,000. MYDA Advisors LLC owned approximately 0.32% of Douglas Elliman as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. purchased a new position in shares of Douglas Elliman in the 3rd quarter valued at about $73,000. Barclays PLC grew its holdings in shares of Douglas Elliman by 3,808,900.0% in the 3rd quarter. Barclays PLC now owns 38,090 shares of the company's stock worth $70,000 after acquiring an additional 38,089 shares during the period. Diversified Investment Strategies LLC increased its stake in Douglas Elliman by 59.5% in the 4th quarter. Diversified Investment Strategies LLC now owns 824,765 shares of the company's stock valued at $1,377,000 after purchasing an additional 307,657 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in Douglas Elliman during the fourth quarter worth $25,000. Finally, US Bancorp DE boosted its position in Douglas Elliman by 36,851.9% during the fourth 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. Institutional investors and hedge funds own 59.56% of the company's stock.

Douglas Elliman Price Performance

Shares of DOUG stock traded down $0.03 during mid-day trading on Friday, reaching $1.61. The stock had a trading volume of 170,781 shares, compared to its average volume of 850,785. The company has a market cap of $142.42 million, a P/E ratio of -1.56 and a beta of 1.52. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.20. Douglas Elliman Inc. has a 12-month low of $1.00 and a 12-month high of $2.98. The business has a 50-day simple moving average of $1.75 and a 200 day simple moving average of $1.84.

Douglas Elliman (NYSE:DOUG - Get Free Report) last posted its earnings results on Tuesday, March 11th. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.11. Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%. The firm had revenue of $243.32 million during the quarter.

About Douglas Elliman

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.