Insider Selling: RealReal (NASDAQ:REAL) CAO Sells 22,426 Shares of Stock

The RealReal, Inc. (NASDAQ:REAL) CAO Steve Ming Lo sold 22,426 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $13.06, for a total transaction of $292,883.56. Following the completion of the sale, the chief accounting officer directly owned 309,342 shares in the company, valued at $4,040,006.52. This trade represents a 6.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Steve Ming Lo also recently made the following trade(s):

• On Thursday, November 13th, Steve Ming Lo sold 13,542 shares of RealReal stock. The shares were sold at an average price of $14.27, for a total transaction of $193,244.34.

RealReal Stock Performance

NASDAQ REAL traded up $0.45 on Friday, reaching $13.52. 5,286,473 shares of the company’s stock traded hands, compared to its average volume of 4,774,025. The RealReal, Inc. has a fifty-two week low of $4.45 and a fifty-two week high of $16.24. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of -9.80 and a beta of 2.54. The stock has a 50 day moving average price of $11.51 and a 200-day moving average price of $8.02.

RealReal (NASDAQ:REAL) last released its quarterly earnings data 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 during the quarter, compared to analyst estimates of $169.01 million. RealReal has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, equities research analysts anticipate that The RealReal, Inc. will post -0.4 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on REAL shares. KeyCorp raised RealReal from a “sector weight” rating to an “overweight” rating and set a $16.00 price target for the company in a report on Wednesday, November 5th. BTIG Research increased their price target on shares of RealReal from $11.00 to $15.00 and gave the stock a “buy” rating in a report on Tuesday, November 11th. UBS Group lifted their price objective on shares of RealReal from $10.50 to $14.00 and gave the company a “neutral” rating in a report on Tuesday, November 11th. Wall Street Zen raised shares of RealReal from a “hold” rating to a “buy” rating in a research note on Saturday, November 15th. Finally, Robert W. Baird raised their target price on RealReal from $8.00 to $13.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, RealReal has a consensus rating of “Moderate Buy” and a consensus price target of $14.63.

Hedge Funds Weigh In On RealReal

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in shares of RealReal by 7.7% during the third quarter. Vanguard Group Inc. now owns 5,929,807 shares of the company’s stock worth $63,034,000 after purchasing an additional 425,674 shares in the last quarter. Kanen Wealth Management LLC boosted its holdings in RealReal by 26.2% in the 2nd quarter. Kanen Wealth Management LLC now owns 4,708,623 shares of the company’s stock worth $22,554,000 after buying an additional 978,660 shares during the last quarter. Marshall Wace LLP raised its holdings in shares of RealReal by 3.4% during the second quarter. Marshall Wace LLP now owns 4,321,577 shares of the company’s stock valued at $20,700,000 after acquiring an additional 143,165 shares during the last quarter. Two Sigma Investments LP raised its holdings in shares of RealReal by 6.6% during the third quarter. Two Sigma Investments LP now owns 2,628,770 shares of the company’s stock valued at $27,944,000 after acquiring an additional 162,804 shares during the last quarter. Finally, Divisadero Street Capital Management LP lifted its position in shares of RealReal by 652.5% in the third quarter. Divisadero Street Capital Management LP now owns 2,599,801 shares of the company’s stock valued at $27,636,000 after acquiring an additional 2,254,300 shares in the last quarter. 64.73% of the stock is owned by hedge funds and other institutional investors.

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.