Anthracite Investment Company Inc. trimmed its position in The RealReal, Inc. (NASDAQ:REAL – Free Report) by 0.8% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 417,706 shares of the company’s stock after selling 3,398 shares during the period. Anthracite Investment Company Inc. owned 0.37% of RealReal worth $2,001,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its stake in RealReal by 3.9% in the first quarter. Vanguard Group Inc. now owns 5,097,765 shares of the company’s stock worth $27,477,000 after purchasing an additional 192,633 shares in the last quarter. Kanen Wealth Management LLC grew its stake in RealReal by 26.2% in the second quarter. Kanen Wealth Management LLC now owns 4,708,623 shares of the company’s stock worth $22,554,000 after purchasing an additional 978,660 shares in the last quarter. Driehaus Capital Management LLC grew its stake in RealReal by 90.8% in the first quarter. Driehaus Capital Management LLC now owns 1,810,651 shares of the company’s stock worth $9,759,000 after purchasing an additional 861,902 shares in the last quarter. Capricorn Fund Managers Ltd grew its stake in RealReal by 78.4% in the second quarter. Capricorn Fund Managers Ltd now owns 1,607,370 shares of the company’s stock worth $7,699,000 after purchasing an additional 706,256 shares in the last quarter. Finally, Crestwood Capital Management L.P. grew its stake in RealReal by 23.0% in the first quarter. Crestwood Capital Management L.P. now owns 1,468,081 shares of the company’s stock worth $7,913,000 after purchasing an additional 274,580 shares in the last quarter. 64.73% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, CEO Levesque Rati Sahi sold 260,171 shares of the business’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $7.94, for a total transaction of $2,065,757.74. Following the sale, the chief executive officer owned 1,803,044 shares of the company’s stock, valued at $14,316,169.36. The trade was a 12.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 9.00% of the stock is currently owned by insiders.
RealReal Trading Up 0.3%
RealReal (NASDAQ:REAL – Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.02. The business had revenue of $165.19 million for the quarter, compared to analyst estimates of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts forecast that The RealReal, Inc. will post -0.4 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
REAL has been the subject of a number of research reports. B. Riley lifted their target price on RealReal from $9.00 to $12.00 and gave the company a “buy” rating in a research note on Monday, September 15th. UBS Group lifted their target price on RealReal from $8.00 to $10.50 and gave the company a “neutral” rating in a research note on Wednesday, October 15th. Weiss Ratings restated a “sell (d-)” rating on shares of RealReal in a research note on Saturday. Finally, BTIG Research lifted their target price on RealReal from $9.00 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $12.20.
Check Out Our Latest Research Report on REAL
RealReal Company Profile
The RealReal, Inc operates an online marketplace for resale luxury goods in the United State. The company offers various product categories, including women's fashion, men's fashion, jewelry, and watches. It primarily sells products through online marketplace and retail stores. The company was incorporated in 2011 and is headquartered in San Francisco, California.
Recommended Stories
- Five stocks we like better than RealReal
- Canada Bond Market Holiday: How to Invest and Trade
- Tractor Supply Stock Looks Like a Buy-and-Hold Winner
- The Significance of Brokerage Rankings in Stock Selection
- 3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound
- How to Calculate Inflation Rate
- Big Banks Are Setting the Tone as Earnings Season Kicks Off
Want to see what other hedge funds are holding REAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The RealReal, Inc. (NASDAQ:REAL – Free Report).
Receive News & Ratings for RealReal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RealReal and related companies with MarketBeat.com's FREE daily email newsletter.
