The Real Brokerage Inc. (NASDAQ:REAX) Shares Sold by Cwm LLC

Cwm LLC cut its holdings in The Real Brokerage Inc. (NASDAQ:REAX) by 21.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,055 shares of the company’s stock after selling 8,157 shares during the quarter. Cwm LLC’s holdings in Real Brokerage were worth $161,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. AWM Investment Company Inc. grew its stake in Real Brokerage by 240.6% in the 1st quarter. AWM Investment Company Inc. now owns 1,703,228 shares of the company’s stock valued at $5,314,000 after acquiring an additional 1,203,228 shares during the period. Bank of New York Mellon Corp purchased a new position in Real Brokerage during the second quarter valued at $1,091,000. Harbor Capital Advisors Inc. grew its position in shares of Real Brokerage by 311.5% in the second quarter. Harbor Capital Advisors Inc. now owns 288,039 shares of the company’s stock valued at $1,169,000 after purchasing an additional 218,034 shares during the period. Rhumbline Advisers purchased a new stake in shares of Real Brokerage during the second quarter worth about $474,000. Finally, Quadrature Capital Ltd purchased a new position in Real Brokerage in the 1st quarter valued at about $263,000. 53.28% of the stock is owned by institutional investors and hedge funds.

Real Brokerage Trading Down 2.8 %

NASDAQ:REAX opened at $5.18 on Thursday. The stock has a 50 day moving average of $5.74 and a two-hundred day moving average of $5.04. The Real Brokerage Inc. has a 12 month low of $1.28 and a 12 month high of $6.75. The firm has a market cap of $951.08 million, a P/E ratio of -25.90 and a beta of 1.01.

Real Brokerage (NASDAQ:REAX) last issued its quarterly earnings results on Wednesday, August 7th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.02) by $0.01. Real Brokerage had a negative return on equity of 81.21% and a negative net margin of 3.55%. The firm had revenue of $340.78 million during the quarter, compared to analysts’ expectations of $264.06 million. During the same period in the previous year, the business earned ($0.02) earnings per share. On average, research analysts forecast that The Real Brokerage Inc. will post -0.13 earnings per share for the current year.

Real Brokerage Profile

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.