The Real Brokerage Inc. (NASDAQ:REAX) Holdings Lowered by Granahan Investment Management LLC

Granahan Investment Management LLC lessened its position in shares of The Real Brokerage Inc. (NASDAQ:REAX - Free Report) by 19.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 664,281 shares of the company's stock after selling 161,694 shares during the period. Granahan Investment Management LLC owned about 0.34% of Real Brokerage worth $3,056,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in REAX. JPMorgan Chase & Co. lifted its position in shares of Real Brokerage by 607.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 631,916 shares of the company's stock worth $3,507,000 after buying an additional 542,653 shares during the last quarter. Renaissance Technologies LLC lifted its position in Real Brokerage by 53.5% in the 4th quarter. Renaissance Technologies LLC now owns 759,100 shares of the company's stock valued at $3,492,000 after purchasing an additional 264,600 shares during the last quarter. Tudor Investment Corp ET AL grew 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 worth $1,521,000 after purchasing an additional 172,747 shares during the last quarter. Cerity Partners LLC acquired a new position in shares of Real Brokerage during the fourth quarter worth approximately $665,000. Finally, Charles Schwab Investment Management Inc. raised its stake 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 acquiring an additional 144,011 shares in the last quarter. 53.28% of the stock is currently owned by institutional investors.

Real Brokerage Stock Down 0.8%

REAX traded down $0.04 during trading on Friday, reaching $4.34. The stock had a trading volume of 358,057 shares, compared to its average volume of 879,365. The Real Brokerage Inc. has a 1-year low of $3.55 and a 1-year high of $6.75. The firm has a market capitalization of $857.26 million, a price-to-earnings ratio of -24.08 and a beta of 1.12. The stock has a 50 day moving average of $4.40 and a two-hundred day moving average of $4.81.

Real Brokerage (NASDAQ:REAX - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate 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 analysts' expectations of $332.92 million. On average, research analysts forecast that The Real Brokerage Inc. will post -0.1 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Jones Trading restated a "buy" rating and set a $6.00 price objective 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.