Harbour Capital Advisors LLC Makes New Investment in The Real Brokerage Inc. (NASDAQ:REAX)

by · The Cerbat Gem

Harbour Capital Advisors LLC acquired a new position in shares of The Real Brokerage Inc. (NASDAQ:REAX – Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 54,110 shares of the company’s stock, valued at approximately $288,000.

A number of other large investors also recently bought and sold shares of the company. Searcy Financial Services Inc. ADV acquired a new position in shares of Real Brokerage during the 1st quarter worth $37,000. TCI Wealth Advisors Inc. acquired a new position in shares of Real Brokerage during the 1st quarter worth $49,000. HBK Sorce Advisory LLC grew its stake in shares of Real Brokerage by 17.1% during the 1st quarter. HBK Sorce Advisory LLC now owns 72,000 shares of the company’s stock worth $225,000 after purchasing an additional 10,500 shares during the period. Quadrature Capital Ltd acquired a new position in shares of Real Brokerage during the 1st quarter worth $263,000. Finally, AWM Investment Company Inc. grew its stake in shares of Real Brokerage by 240.6% during the 1st quarter. AWM Investment Company Inc. now owns 1,703,228 shares of the company’s stock worth $5,314,000 after purchasing an additional 1,203,228 shares during the period. Hedge funds and other institutional investors own 53.28% of the company’s stock.

Real Brokerage Stock Down 1.2 %

NASDAQ:REAX opened at $5.14 on Friday. The Real Brokerage Inc. has a fifty-two week low of $1.28 and a fifty-two week high of $6.75. The stock has a market cap of $943.73 million, a PE ratio of -25.70 and a beta of 1.01. The firm’s fifty day simple moving average is $5.76 and its 200-day simple moving average is $5.00.

Real Brokerage (NASDAQ:REAX – Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.01. Real Brokerage had a negative net margin of 3.55% and a negative return on equity of 81.21%. The firm had revenue of $340.78 million during the quarter, compared to the consensus estimate of $264.06 million. During the same period last year, the firm posted ($0.02) EPS. Equities analysts anticipate that The Real Brokerage Inc. will post -0.13 earnings per share for the current year.

Real Brokerage Company Profile

(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.

See Also

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