BNP Paribas Financial Markets Makes New $633,000 Investment in The Real Brokerage Inc. (NASDAQ:REAX)

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

Several other large investors also recently bought and sold shares of the company. PDT Partners LLC purchased a new position in shares of Real Brokerage in the fourth quarter valued at $240,000. Northern Trust Corp lifted its holdings in Real Brokerage by 3.4% in the 4th quarter. Northern Trust Corp now owns 613,573 shares of the company's stock worth $2,822,000 after buying an additional 19,920 shares in the last quarter. Tudor Investment Corp ET AL boosted its position in Real Brokerage by 109.4% in the 4th quarter. Tudor Investment Corp ET AL now owns 330,712 shares of the company's stock valued at $1,521,000 after buying an additional 172,747 shares during the last quarter. Aquatic Capital Management LLC acquired a new stake in shares of Real Brokerage during the fourth quarter valued at about $25,000. Finally, Oxford Asset Management LLP purchased a new stake in shares of Real Brokerage during the fourth quarter worth about $49,000. Institutional investors and hedge funds own 53.28% of the company's stock.

Real Brokerage Price Performance

Shares of NASDAQ:REAX traded up $0.13 during midday trading on Thursday, reaching $4.27. The company had a trading volume of 165,240 shares, compared to its average volume of 900,155. The Real Brokerage Inc. has a one year low of $3.55 and a one year high of $6.75. The stock has a market capitalization of $843.42 million, a P/E ratio of -23.69 and a beta of 1.12. The stock's fifty day moving average price is $4.36 and its 200-day moving average price is $4.72.

Real Brokerage (NASDAQ:REAX - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.05) by $0.03. The business had revenue of $353.98 million for the quarter, compared to analyst estimates of $332.92 million. Real Brokerage had a negative net margin of 2.91% and a negative return on equity of 73.22%. As a group, sell-side analysts forecast that The Real Brokerage Inc. will post -0.1 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

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.