Todd Suko Sells 75,693 Shares of RealReal (NASDAQ:REAL) Stock

The RealReal, Inc. (NASDAQ:REAL) insider Todd Suko sold 75,693 shares of RealReal stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $14.08, for a total value of $1,065,757.44. Following the sale, the insider owned 711,054 shares of the company’s stock, valued at approximately $10,011,640.32. This represents a 9.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

RealReal Price Performance

NASDAQ:REAL traded down $0.14 during trading hours on Thursday, reaching $13.07. The company’s stock had a trading volume of 2,505,599 shares, compared to its average volume of 3,579,766. The company has a market cap of $1.53 billion, a price-to-earnings ratio of -9.47 and a beta of 2.54. The RealReal, Inc. has a one year low of $4.12 and a one year high of $16.24. The business’s 50-day moving average is $11.36 and its 200-day moving average is $7.93.

RealReal (NASDAQ:REAL) last released its earnings results on Monday, November 10th. The company reported ($0.49) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.35). The business had revenue of $173.57 million for the quarter, compared to analysts’ expectations of $169.01 million. RealReal has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, sell-side analysts predict that The RealReal, Inc. will post -0.4 EPS for the current fiscal year.

Hedge Funds Weigh In On RealReal

A number of hedge funds have recently modified their holdings of the business. Kestra Private Wealth Services LLC increased its holdings in shares of RealReal by 86.1% in the first quarter. Kestra Private Wealth Services LLC now owns 35,353 shares of the company’s stock worth $191,000 after buying an additional 16,353 shares during the period. Jump Financial LLC increased its stake in RealReal by 129.4% in the 1st quarter. Jump Financial LLC now owns 460,200 shares of the company’s stock worth $2,480,000 after purchasing an additional 259,600 shares during the period. Vanguard Group Inc. lifted its position in RealReal by 3.9% in the first quarter. Vanguard Group Inc. now owns 5,097,765 shares of the company’s stock valued at $27,477,000 after purchasing an additional 192,633 shares during the last quarter. Algert Global LLC boosted its stake in shares of RealReal by 182.2% during the first quarter. Algert Global LLC now owns 529,770 shares of the company’s stock valued at $2,855,000 after purchasing an additional 342,030 shares during the period. Finally, Kanen Wealth Management LLC grew its holdings in shares of 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 during the last quarter. Institutional investors and hedge funds own 64.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on REAL. Robert W. Baird lifted their target price on RealReal from $8.00 to $13.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 11th. BTIG Research increased their price objective on shares of RealReal from $11.00 to $15.00 and gave the company a “buy” rating in a report on Tuesday, November 11th. UBS Group raised their price objective on RealReal from $10.50 to $14.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 11th. KeyCorp upgraded RealReal from a “sector weight” rating to an “overweight” rating and set a $16.00 price objective for the company in a report on Wednesday, November 5th. Finally, Roth Capital set a $17.50 price target on RealReal and gave the stock a “buy” rating in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, RealReal presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.63.

About RealReal

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.