Linkhome (NASDAQ:LHAI) Announces Quarterly Earnings Results

Linkhome (NASDAQ:LHAI) posted its quarterly earnings data on Wednesday. The company reported ($0.01) EPS for the quarter, FiscalAI reports. The business had revenue of $4.91 million during the quarter. Linkhome had a negative net margin of 1.10% and a negative return on equity of 4.62%.

Linkhome Price Performance

Shares of LHAI opened at $1.02 on Thursday. Linkhome has a 52-week low of $0.53 and a 52-week high of $22.33. The firm’s fifty day moving average is $1.21 and its two-hundred day moving average is $5.17.

Hedge Funds Weigh In On Linkhome

A number of institutional investors and hedge funds have recently bought and sold shares of LHAI. FNY Investment Advisers LLC acquired a new stake in shares of Linkhome in the 4th quarter worth $87,000. Cerity Partners LLC purchased a new position in Linkhome during the fourth quarter worth about $91,000. Citadel Advisors LLC acquired a new position in Linkhome in the 3rd quarter valued at about $120,000. Goldman Sachs Group Inc. purchased a new stake in shares of Linkhome in the 4th quarter valued at approximately $101,000. Finally, OMERS ADMINISTRATION Corp purchased a new stake in shares of Linkhome in the 4th quarter valued at approximately $175,000.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Linkhome from a “sell” rating to a “hold” rating in a research note on Sunday, February 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Linkhome Company Profile

Linkhome is an artificial intelligence-driven property technology company. By using HomeGPT, a Linkhome-developed real estate artificial intelligence model, combined with financial innovation and in conjunction with our dedicated team of agents, we have made significant and cost-effective improvements to the business model of buying and selling homes. Through our subsidiaries, we operate an artificial intelligence real estate platform with the goal of providing customers with end-to-end real estate solutions and services, initially comprising real estate brokerage services, Cash Offer, and other services like property rental management and home renovation.