G2 Investment Partners Management LLC Lowers Holdings in The Real Brokerage Inc. (NASDAQ:REAX)

G2 Investment Partners Management LLC trimmed its stake in The Real Brokerage Inc. (NASDAQ:REAX - Free Report) by 22.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,510,089 shares of the company's stock after selling 425,789 shares during the period. Real Brokerage comprises about 1.8% of G2 Investment Partners Management LLC's investment portfolio, making the stock its 24th biggest position. G2 Investment Partners Management LLC owned about 0.76% of Real Brokerage worth $6,946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Aquatic Capital Management LLC bought a new position in Real Brokerage during the 4th quarter valued at about $25,000. Golden State Wealth Management LLC acquired a new position in Real Brokerage during the fourth quarter valued at approximately $28,000. Sound Income Strategies LLC acquired a new position in shares of Real Brokerage in the fourth quarter valued at approximately $47,000. Oxford Asset Management LLP acquired a new position in shares of Real Brokerage in the fourth quarter valued at approximately $49,000. Finally, Corton Capital Inc. acquired a new position in Real Brokerage during the fourth quarter worth $51,000. 53.28% of the stock is owned by institutional investors.

Real Brokerage Price Performance

Shares of NASDAQ:REAX traded up $0.13 during mid-day trading on Monday, hitting $4.27. The company had a trading volume of 1,068,407 shares, compared to its average volume of 879,121. The firm has a fifty day moving average price of $4.41 and a 200 day moving average price of $4.82. The company has a market capitalization of $844.41 million, a PE ratio of -23.72 and a beta of 1.12. The Real Brokerage Inc. has a one year low of $3.55 and a one year high of $6.75.

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

Analyst Upgrades and Downgrades

Separately, Jones Trading reaffirmed a "buy" rating and set a $6.00 price target on shares of Real Brokerage in a research 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.