RealReal (NASDAQ:REAL) CFO Gopal Ajay Madan Sells 28,520 Shares of Stock

The RealReal, Inc. (NASDAQ:REAL) CFO Gopal Ajay Madan sold 28,520 shares of the stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $14.73, for a total transaction of $420,099.60. Following the sale, the chief financial officer owned 1,156,092 shares in the company, valued at approximately $17,029,235.16. This trade represents a 2.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Gopal Ajay Madan also recently made the following trade(s):

• On Friday, November 21st, Gopal Ajay Madan sold 30,196 shares of RealReal stock. The stock was sold at an average price of $13.06, for a total transaction of $394,359.76.

RealReal Stock Down 0.1%

Shares of REAL stock opened at $14.47 on Friday. The company has a market cap of $1.69 billion, a P/E ratio of -10.49 and a beta of 2.54. The business has a 50 day moving average of $11.90 and a two-hundred day moving average of $8.29. The RealReal, Inc. has a 52 week low of $4.61 and a 52 week high of $16.24.

RealReal (NASDAQ:REAL) last announced its quarterly earnings results on Monday, November 10th. The company reported ($0.49) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.35). The company 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. Analysts expect that The RealReal, Inc. will post -0.4 EPS for the current fiscal year.

Institutional Investors Weigh In On RealReal

Hedge funds and other institutional investors have recently modified their holdings of the stock. Quarry LP acquired a new stake in RealReal in the third quarter worth about $28,000. Game Plan Financial Advisors LLC raised its position in shares of RealReal by 52.8% during the 1st 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 in the last quarter. Larson Financial Group LLC acquired a new stake in shares of RealReal in the 3rd quarter worth approximately $31,000. AlphaQuest LLC acquired a new stake in shares of RealReal in the 1st quarter worth approximately $59,000. Finally, State of Alaska Department of Revenue bought a new position in shares of RealReal in the third quarter valued at approximately $59,000. 64.73% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. BTIG Research raised their target price on RealReal from $11.00 to $15.00 and gave the company a “buy” rating in a research note on Tuesday, November 11th. Wall Street Zen raised shares of RealReal from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. B. Riley reiterated a “buy” rating and issued a $14.00 price objective (up from $12.00) on shares of RealReal in a research report on Tuesday, November 11th. Roth Capital set a $17.50 target price on shares of RealReal and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, KeyCorp upgraded shares of RealReal from a “sector weight” rating to an “overweight” rating and set a $16.00 price target on the stock in a research note on Wednesday, November 5th. One research 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 assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $14.63.

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.