23,548 Shares in RE/MAX Holdings, Inc. $RMAX Acquired by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC acquired a new stake in shares of RE/MAX Holdings, Inc. (NYSE:RMAX) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 23,548 shares of the financial services provider’s stock, valued at approximately $193,000.

Other hedge funds also recently bought and sold shares of the company. CWM LLC grew its holdings in shares of RE/MAX by 312.5% in the 2nd quarter. CWM LLC now owns 3,543 shares of the financial services provider’s stock valued at $29,000 after buying an additional 2,684 shares during the period. Strs Ohio bought a new position in RE/MAX during the first quarter worth about $30,000. State of Wyoming grew its stake in RE/MAX by 41.3% in the first quarter. State of Wyoming now owns 11,990 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 3,506 shares during the period. Brandywine Global Investment Management LLC increased its holdings in shares of RE/MAX by 12.5% in the first quarter. Brandywine Global Investment Management LLC now owns 14,370 shares of the financial services provider’s stock worth $120,000 after acquiring an additional 1,600 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of RE/MAX during the first quarter worth about $129,000. 93.17% of the stock is currently owned by institutional investors and hedge funds.

RE/MAX Stock Up 1.1%

NYSE RMAX opened at $7.67 on Wednesday. The firm’s 50 day moving average is $8.68 and its 200-day moving average is $8.40. The company has a market capitalization of $153.89 million, a PE ratio of 16.33 and a beta of 1.17. RE/MAX Holdings, Inc. has a 12-month low of $6.90 and a 12-month high of $14.31.

RE/MAX (NYSE:RMAX) last released its earnings results on Thursday, October 30th. The financial services provider reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.02. RE/MAX had a net margin of 3.19% and a negative return on equity of 51.38%. The business had revenue of $73.25 million during the quarter, compared to the consensus estimate of $73.68 million. RE/MAX has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, sell-side analysts expect that RE/MAX Holdings, Inc. will post 0.89 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of RE/MAX in a research report on Friday, October 31st. Wall Street Zen upgraded shares of RE/MAX from a “hold” rating to a “buy” rating in a report on Sunday, November 9th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $9.00.

Insider Activity

In related news, Director Roger J. Dow sold 9,100 shares of RE/MAX stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $9.37, for a total value of $85,267.00. Following the sale, the director owned 55,961 shares of the company’s stock, valued at approximately $524,354.57. The trade was a 13.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 6.80% of the company’s stock.

RE/MAX Company Profile

RE/MAX Holdings, Inc operates as a franchisor of real estate brokerage services in the United States, Canada, and internationally. It operates through Real Estate, Mortgage, and Marketing Funds segments. The company offers real estate brokerage franchising services under the RE/MAX brand; mortgage brokerage services to real estate brokers, real estate professionals, mortgage professionals, and other investors under the Motto Mortgage brand; and mortgage loan processing software and services under the wemlo brand.