RealReal (NASDAQ:REAL) Insider Sells $412,839.66 in Stock
by Danessa Lincoln · The Markets DailyThe RealReal, Inc. (NASDAQ:REAL – Get Free Report) insider Todd Suko sold 31,611 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $13.06, for a total value of $412,839.66. Following the completion of the sale, the insider owned 679,443 shares of the company’s stock, valued at $8,873,525.58. This trade represents a 4.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
RealReal Stock Up 3.4%
Shares of REAL stock traded up $0.45 during trading hours on Friday, hitting $13.52. 5,286,473 shares of the company’s stock were exchanged, 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 P/E ratio of -9.80 and a beta of 2.54. The firm has a 50 day moving average of $11.51 and a two-hundred day moving average of $8.02.
RealReal (NASDAQ:REAL – Get Free Report) last released its quarterly earnings results on Monday, November 10th. The company reported ($0.49) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.35). The company 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, equities analysts forecast that The RealReal, Inc. will post -0.4 earnings per share for the current fiscal year.
Institutional Trading of RealReal
A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in RealReal by 7.7% in the 3rd 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 lifted its position in RealReal by 26.2% during the second 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 in the last quarter. Marshall Wace LLP boosted its stake in RealReal by 3.4% during the second quarter. Marshall Wace LLP now owns 4,321,577 shares of the company’s stock worth $20,700,000 after buying an additional 143,165 shares during the last quarter. Two Sigma Investments LP boosted its stake in RealReal by 6.6% during the third quarter. Two Sigma Investments LP now owns 2,628,770 shares of the company’s stock worth $27,944,000 after buying an additional 162,804 shares during the last quarter. Finally, Divisadero Street Capital Management LP grew its holdings in RealReal by 652.5% in the 3rd quarter. Divisadero Street Capital Management LP now owns 2,599,801 shares of the company’s stock valued at $27,636,000 after buying an additional 2,254,300 shares in the last quarter. Institutional investors and hedge funds own 64.73% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on REAL shares. B. Riley restated a “buy” rating and set a $14.00 price target (up previously from $12.00) on shares of RealReal in a research report on Tuesday, November 11th. Roth Capital set a $17.50 price objective on RealReal and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Robert W. Baird increased their target price on RealReal from $8.00 to $13.00 and gave the company a “neutral” rating in a report on Tuesday, November 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of RealReal in a research note on Wednesday, October 8th. Finally, BTIG Research boosted their price target on RealReal from $11.00 to $15.00 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has assigned 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 price target of $14.63.
Read Our Latest Analysis on RealReal
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.
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