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

GSA Capital Partners LLP bought a new position in The Real Brokerage Inc. (NASDAQ:REAX) in the 3rd quarter, Holdings Channel.com reports. The fund bought 39,566 shares of the company’s stock, valued at approximately $220,000.

Several other hedge funds also recently modified their holdings of the business. National Bank of Canada FI raised its holdings in Real Brokerage by 198.8% during the second quarter. National Bank of Canada FI now owns 5,975 shares of the company’s stock valued at $26,000 after buying an additional 3,975 shares in the last quarter. Principal Financial Group Inc. acquired a new position in Real Brokerage during the second quarter valued at approximately $52,000. The Manufacturers Life Insurance Company bought a new position in shares of Real Brokerage in the second quarter valued at approximately $145,000. SG Americas Securities LLC acquired a new stake in shares of Real Brokerage in the third quarter worth $183,000. Finally, Valmark Advisers Inc. grew its stake in Real Brokerage by 117.0% in the 2nd quarter. Valmark Advisers Inc. now owns 49,324 shares of the company’s stock valued at $200,000 after buying an additional 26,596 shares during the last quarter. Institutional investors and hedge funds own 53.28% of the company’s stock.

Real Brokerage Price Performance

Shares of REAX opened at $5.34 on Monday. The Real Brokerage Inc. has a one year low of $1.28 and a one year high of $6.75. The company’s fifty day moving average price is $5.44 and its 200 day moving average price is $5.27. The company has a market capitalization of $1.06 billion, a PE ratio of -29.67 and a beta of 1.02.

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