Jump Financial LLC Acquires New Position in The Real Brokerage Inc. (NASDAQ:REAX)

Jump Financial LLC purchased a new stake in shares of The Real Brokerage Inc. (NASDAQ:REAX - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 111,079 shares of the company's stock, valued at approximately $511,000. Jump Financial LLC owned 0.06% of Real Brokerage as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. State Street Corp increased its position in shares of Real Brokerage by 48.0% during the third quarter. State Street Corp now owns 1,364,358 shares of the company's stock valued at $7,572,000 after purchasing an additional 442,612 shares during the period. Jane Street Group LLC boosted its stake in Real Brokerage by 488.7% during the third quarter. Jane Street Group LLC now owns 134,089 shares of the company's stock worth $744,000 after buying an additional 111,312 shares in the last quarter. Barclays PLC increased its holdings in Real Brokerage by 337.7% in the 3rd quarter. Barclays PLC now owns 141,188 shares of the company's stock valued at $782,000 after buying an additional 108,928 shares during the period. Geode Capital Management LLC raised its stake in shares of Real Brokerage by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 1,224,183 shares of the company's stock valued at $6,794,000 after buying an additional 14,045 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Real Brokerage in the 3rd quarter valued at $155,000. Institutional investors and hedge funds own 53.28% of the company's stock.

Real Brokerage Stock Down 1.4 %

NASDAQ:REAX traded down $0.07 during trading hours on Tuesday, reaching $4.50. The company had a trading volume of 172,587 shares, compared to its average volume of 886,815. The stock has a 50-day moving average of $4.56 and a two-hundred day moving average of $4.88. The Real Brokerage Inc. has a one year low of $3.55 and a one year high of $6.75. The firm has a market capitalization of $888.90 million, a PE ratio of -24.97 and a beta of 1.13.

Real Brokerage (NASDAQ:REAX - Get Free Report) last posted its quarterly earnings data on Thursday, March 6th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.02. The company had revenue of $350.63 million during the quarter, compared to analyst estimates of $300.11 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 expect 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 target price on shares of Real Brokerage in a research note 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.