Harbor Capital Advisors Inc. raised its stake in shares of The Real Brokerage Inc. (NASDAQ:REAX - Free Report) by 106.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 595,055 shares of the company's stock after acquiring an additional 307,016 shares during the quarter. Harbor Capital Advisors Inc. owned approximately 0.30% of Real Brokerage worth $3,303,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. National Bank of Canada FI grew its position in shares of Real Brokerage by 198.8% in the 2nd quarter. National Bank of Canada FI now owns 5,975 shares of the company's stock worth $26,000 after acquiring an additional 3,975 shares in the last quarter. HBK Sorce Advisory LLC increased its stake in Real Brokerage by 17.1% during the first quarter. HBK Sorce Advisory LLC now owns 72,000 shares of the company's stock valued at $225,000 after purchasing an additional 10,500 shares during the last quarter. Principal Financial Group Inc. bought a new stake in Real Brokerage during the second quarter valued at $52,000. TCI Wealth Advisors Inc. acquired a new stake in shares of Real Brokerage during the first quarter worth $49,000. Finally, Valmark Advisers Inc. lifted its holdings in Real Brokerage by 117.0% in the second quarter. Valmark Advisers Inc. now owns 49,324 shares of the company's stock worth $200,000 after acquiring an additional 26,596 shares during the last quarter. Institutional investors own 53.28% of the company's stock.
Real Brokerage Price Performance
NASDAQ:REAX traded down $0.03 during midday trading on Monday, reaching $5.30. 546,317 shares of the company traded hands, compared to its average volume of 760,032. The Real Brokerage Inc. has a twelve month low of $1.28 and a twelve month high of $6.75. The company has a fifty day moving average price of $5.57 and a 200 day moving average price of $5.13. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of -27.89 and a beta of 1.02.
Real Brokerage (NASDAQ:REAX - Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The company reported ($0.01) earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.01. The business had revenue of $340.78 million for the quarter, compared to analysts' expectations of $264.06 million. Real Brokerage had a negative net margin of 3.55% and a negative return on equity of 81.21%. During the same quarter last year, the company earned ($0.02) EPS. On average, equities research analysts forecast that The Real Brokerage Inc. will post -0.13 earnings per share for the current fiscal year.
About Real Brokerage
(
Free Report)
The Real Brokerage Inc, together with its subsidiaries, operates as a real estate technology company in the United States and Canada. It operates in three segments: North American Brokerage, Real Title, and One Real Mortgage. It offers brokerage, title, and mortgage broker services. The company is based in Miami, Florida.
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