Calamos Advisors LLC Has $633,000 Stock Holdings in The Real Brokerage Inc. (NASDAQ:REAX)

Calamos Advisors LLC lessened its stake in shares of The Real Brokerage Inc. (NASDAQ:REAX) by 36.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 137,659 shares of the company’s stock after selling 79,887 shares during the period. Calamos Advisors LLC owned 0.07% of Real Brokerage worth $633,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company acquired a new stake in shares of Real Brokerage in the second quarter valued at about $145,000. SG Americas Securities LLC acquired a new stake in Real Brokerage in the 3rd quarter valued at approximately $183,000. Creative Planning grew its stake in shares of Real Brokerage by 111.0% in the third quarter. Creative Planning now owns 93,467 shares of the company’s stock worth $519,000 after acquiring an additional 49,176 shares during the last quarter. Harbour Capital Advisors LLC acquired a new stake in shares of Real Brokerage in the third quarter worth $288,000. Finally, Harbor Capital Advisors Inc. grew its stake in shares of Real Brokerage by 106.6% in the third quarter. Harbor Capital Advisors Inc. now owns 595,055 shares of the company’s stock worth $3,303,000 after acquiring an additional 307,016 shares during the last quarter. Institutional investors and hedge funds own 53.28% of the company’s stock.

Real Brokerage Stock Up 6.0 %

REAX stock opened at $5.30 on Thursday. The Real Brokerage Inc. has a twelve month low of $2.46 and a twelve month high of $6.75. The company has a market cap of $1.05 billion, a PE ratio of -29.44 and a beta of 1.01. The business’s 50-day simple moving average is $4.81 and its 200 day simple moving average is $5.35.

Real Brokerage (NASDAQ:REAX) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.03. Real Brokerage had a negative return on equity of 73.22% and a negative net margin of 2.91%. The company had revenue of $372.49 million for the quarter, compared to analyst estimates of $334.61 million. During the same quarter last year, the firm earned ($0.02) EPS. On average, equities research analysts anticipate that The Real Brokerage Inc. will post -0.1 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, BTIG Research started coverage on shares of Real Brokerage in a research report on Wednesday, December 18th. They issued a “buy” rating and a $6.00 price target on the stock.

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.