GSA Capital Partners LLP Purchases New Stake in The Real Brokerage Inc. (NASDAQ:REAX)

GSA Capital Partners LLP bought a new stake in The Real Brokerage Inc. (NASDAQ:REAX) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 39,566 shares of the company’s stock, valued at approximately $220,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Principal Financial Group Inc. boosted its holdings in Real Brokerage by 463.8% in the third quarter. Principal Financial Group Inc. now owns 72,467 shares of the company’s stock valued at $402,000 after purchasing an additional 59,614 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in shares of Real Brokerage by 106.6% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 595,055 shares of the company’s stock valued at $3,303,000 after buying an additional 307,016 shares during the last quarter. Harbour Capital Advisors LLC bought a new position in shares of Real Brokerage during the third quarter valued at approximately $288,000. Creative Planning grew its stake in Real Brokerage by 111.0% during the 3rd quarter. Creative Planning now owns 93,467 shares of the company’s stock worth $519,000 after buying an additional 49,176 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new stake in Real Brokerage in the third quarter worth $183,000. Hedge funds and other institutional investors own 53.28% of the company’s stock.

Real Brokerage Stock Performance

Shares of REAX opened at $5.34 on Monday. The firm has a fifty day moving average of $5.44 and a 200-day moving average of $5.27. The company has a market cap of $1.06 billion, a price-to-earnings ratio of -29.67 and a beta of 1.02. The Real Brokerage Inc. has a 1 year low of $1.28 and a 1 year high of $6.75.

Real Brokerage (NASDAQ:REAX) last announced its earnings results on Thursday, November 7th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.03. The firm had revenue of $372.49 million for the quarter, compared to analysts’ expectations of $334.61 million. Real Brokerage had a negative return on equity of 73.22% and a negative net margin of 2.91%. During the same quarter in the previous year, the company earned ($0.02) earnings per share. Analysts predict that The Real Brokerage Inc. will post -0.1 EPS for the current year.

Real Brokerage Company 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.