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Real Brokerage Inc. Major Shareholder Sells Over 52,000 Shares

1 report, 1 independent Updated Thu 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Major shareholder David Liniger sold 52,876 shares of Real Brokerage Inc. stock on September 17th. The shares were sold at an average price of $19.12, totaling $1,010,989.12. Following the sale, the insider held 5,539,905 shares, representing a 0.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission.

From dailypolitical.com

Why it matters

Some supportBrind's analysis of the reports

The sale by a major shareholder is a significant market disclosure. Real Brokerage Inc. reported revenue of $700.58 million for the quarter ending June 30th, while sell-side analysts anticipate the company will post -0.45 EPS for the current fiscal year.

From dailypolitical.com

Who's involved

  • NasdaqThe stock exchange where Real Brokerage Inc. trades

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