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JPMorgan Chase & Co. Grows Stock Position in RE/MAX Holdings, Inc. $RMAX
JPMorgan Chase & Co. significantly increased its stake in RE/MAX Holdings, Inc. (NYSE:RMAX) by 95.5% in the third quarter, now owning 533,201 shares valued at $5.03 million. Other institutional investors also adjusted their positions in the real estate franchisor. RE/MAX recently reported quarterly earnings of $0.30 per share, exceeding analyst expectations, and current analyst ratings suggest a “Reduce” sentiment with an average price target of $9.00.