137,645 Shares in The Real Brokerage Inc. (NASDAQ:REAX) Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets acquired a new position in The Real Brokerage Inc. (NASDAQ:REAX - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 137,645 shares of the company's stock, valued at approximately $633,000. BNP Paribas Financial Markets owned approximately 0.07% of Real Brokerage as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Bank of Montreal Can grew its holdings in Real Brokerage by 37.5% during the 4th quarter. Bank of Montreal Can now owns 26,100 shares of the company's stock valued at $120,000 after purchasing an additional 7,119 shares in the last quarter. Cerity Partners LLC acquired a new stake in Real Brokerage during the 4th quarter valued at $665,000. Charles Schwab Investment Management Inc. grew its holdings in Real Brokerage by 48.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 438,295 shares of the company's stock valued at $2,016,000 after purchasing an additional 144,011 shares in the last quarter. Northern Trust Corp grew its holdings in Real Brokerage by 3.4% during the 4th quarter. Northern Trust Corp now owns 613,573 shares of the company's stock valued at $2,822,000 after purchasing an additional 19,920 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Real Brokerage by 3.3% during the 4th quarter. Geode Capital Management LLC now owns 1,264,640 shares of the company's stock valued at $5,817,000 after purchasing an additional 40,457 shares in the last quarter. Institutional investors and hedge funds own 53.28% of the company's stock.

Real Brokerage Trading Up 1.2%

NASDAQ REAX traded up $0.05 during trading hours on Thursday, reaching $4.19. 691,654 shares of the company traded hands, compared to its average volume of 903,596. The Real Brokerage Inc. has a 12 month low of $3.55 and a 12 month high of $6.75. The stock has a market capitalization of $828.59 million, a PE ratio of -23.28 and a beta of 1.12. The company has a 50 day moving average of $4.35 and a two-hundred day moving average of $4.71.

Real Brokerage (NASDAQ:REAX - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported ($0.02) EPS for the quarter, beating analysts' consensus estimates of ($0.05) by $0.03. Real Brokerage had a negative net margin of 2.91% and a negative return on equity of 73.22%. The firm had revenue of $353.98 million for the quarter, compared to the consensus estimate of $332.92 million. On average, equities research analysts anticipate that The Real Brokerage Inc. will post -0.1 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Jones Trading reaffirmed a "buy" rating and set a $6.00 price target on shares of Real Brokerage in a report on Thursday, March 6th.

About Real Brokerage

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.