RealReal (NASDAQ:REAL) CAO Sells $193,244.34 in Stock

The RealReal, Inc. (NASDAQ:REAL) CAO Steve Ming Lo sold 13,542 shares of RealReal stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $14.27, for a total value of $193,244.34. Following the transaction, the chief accounting officer owned 331,768 shares in the company, valued at $4,734,329.36. This represents a 3.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

RealReal Price Performance

RealReal stock traded down $0.43 during mid-day trading on Friday, hitting $13.85. The company’s stock had a trading volume of 2,812,375 shares, compared to its average volume of 3,579,887. The firm’s 50 day moving average is $10.94 and its 200 day moving average is $7.70. The company has a market cap of $1.62 billion, a PE ratio of -10.04 and a beta of 2.54. The RealReal, Inc. has a 52-week low of $3.84 and a 52-week high of $16.24.

RealReal (NASDAQ:REAL) last released its earnings results on Monday, November 10th. The company reported ($0.49) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.35). The business had revenue of $173.57 million during the quarter, compared to the consensus estimate of $169.01 million. RealReal has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, analysts forecast that The RealReal, Inc. will post -0.4 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on REAL. UBS Group lifted their target price on shares of RealReal from $10.50 to $14.00 and gave the company a “neutral” rating in a research note on Tuesday. BTIG Research lifted their price objective on RealReal from $11.00 to $15.00 and gave the company a “buy” rating in a research report on Tuesday. Weiss Ratings restated a “sell (d-)” rating on shares of RealReal in a research note on Wednesday, October 8th. B. Riley reaffirmed a “buy” rating and set a $14.00 price target (up from $12.00) on shares of RealReal in a research note on Tuesday. Finally, Roth Capital set a $17.50 price objective on RealReal and gave the stock a “buy” rating in a report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, RealReal currently has a consensus rating of “Moderate Buy” and an average target price of $14.63.

Institutional Trading of RealReal

Several large investors have recently made changes to their positions in the stock. Comerica Bank lifted its holdings in RealReal by 0.3% in the 3rd quarter. Comerica Bank now owns 351,156 shares of the company’s stock worth $3,733,000 after purchasing an additional 1,156 shares during the last quarter. Rhumbline Advisers raised its position in shares of RealReal by 1.3% in the first quarter. Rhumbline Advisers now owns 145,543 shares of the company’s stock valued at $784,000 after purchasing an additional 1,800 shares during the period. Game Plan Financial Advisors LLC lifted its stake in shares of RealReal by 52.8% in the first quarter. Game Plan Financial Advisors LLC now owns 5,500 shares of the company’s stock worth $30,000 after buying an additional 1,900 shares during the last quarter. Arizona State Retirement System boosted its holdings in shares of RealReal by 9.6% during the 3rd quarter. Arizona State Retirement System now owns 28,446 shares of the company’s stock worth $302,000 after buying an additional 2,496 shares during the period. Finally, Quarry LP grew its stake in RealReal by 117.0% in the 1st quarter. Quarry LP now owns 6,238 shares of the company’s stock valued at $34,000 after buying an additional 3,363 shares during the last quarter. Institutional investors own 64.73% of the company’s stock.

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.