RealReal (NASDAQ:REAL) CFO Gopal Ajay Madan Sells 31,381 Shares

The RealReal, Inc. (NASDAQ:REAL) CFO Gopal Ajay Madan sold 31,381 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $10.72, for a total transaction of $336,404.32. Following the transaction, the chief financial officer owned 1,124,711 shares of the company’s stock, valued at approximately $12,056,901.92. This represents a 2.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Wednesday, November 26th, Gopal Ajay Madan sold 28,520 shares of RealReal stock. The shares were sold at an average price of $14.73, for a total value of $420,099.60.

RealReal Stock Performance

Shares of NASDAQ REAL opened at $11.61 on Wednesday. The company has a market capitalization of $1.35 billion, a P/E ratio of -8.41 and a beta of 2.65. The RealReal, Inc. has a 52-week low of $4.61 and a 52-week high of $17.39. The company’s 50 day moving average price is $14.68 and its 200-day moving average price is $12.34.

Wall Street Analysts Forecast Growth

REAL has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of RealReal in a research report on Thursday, January 22nd. Wells Fargo & Company increased their price objective on shares of RealReal from $15.00 to $20.00 and gave the company an “overweight” rating in a research note on Tuesday, December 16th. UBS Group boosted their target price on RealReal from $14.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. BTIG Research upped their target price on RealReal from $15.00 to $18.00 and gave the company a “buy” rating in a report on Tuesday, December 30th. Finally, Wall Street Zen lowered RealReal from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $17.94.

More RealReal News

Here are the key news stories impacting RealReal this week:

• Neutral Sentiment: Third‑party analysis comparing RealReal with a peer (Chanson International) was published; it’s an external take, not company guidance, so it may influence investor sentiment but doesn’t change fundamentals. Article Title
• Negative Sentiment: CEO Levesque Rati Sahi sold 121,399 shares at ~$10.72 (≈$1.30M), reducing his stake by ~7.6%; filing: SEC Form 4
• Negative Sentiment: CFO Gopal Ajay Madan sold 31,381 shares at ~$10.72 (≈$336K), a ~2.7% reduction; filing: SEC Form 4
• Negative Sentiment: CAO Steve Ming Lo sold 16,962 shares at ~$10.72 (≈$182K), a ~9.1% cut to his holding; filing: SEC Form 4
• Negative Sentiment: Insiders Todd A. Suko and Luke Friang also sold shares (45,947 and 19,609 shares respectively, both at ~$10.72), each trimming ~7–8% and ~3.9% of their positions. Filings: Suko Form 4 and Friang Form 4

Institutional Investors Weigh In On RealReal

A number of institutional investors and hedge funds have recently modified their holdings of REAL. Invesco Ltd. lifted its stake in RealReal by 60.1% in the 4th quarter. Invesco Ltd. now owns 286,851 shares of the company’s stock worth $4,527,000 after purchasing an additional 107,640 shares in the last quarter. Voloridge Investment Management LLC grew its position in shares of RealReal by 20.1% during the 4th quarter. Voloridge Investment Management LLC now owns 920,182 shares of the company’s stock valued at $14,520,000 after purchasing an additional 153,798 shares in the last quarter. Tudor Investment Corp ET AL increased its holdings in shares of RealReal by 9.3% in the fourth quarter. Tudor Investment Corp ET AL now owns 753,856 shares of the company’s stock worth $11,896,000 after purchasing an additional 63,858 shares during the period. Numerai GP LLC raised its position in shares of RealReal by 370.6% in the fourth quarter. Numerai GP LLC now owns 56,947 shares of the company’s stock worth $899,000 after buying an additional 44,845 shares in the last quarter. Finally, Interval Partners LP boosted its stake in RealReal by 13.8% during the fourth quarter. Interval Partners LP now owns 482,976 shares of the company’s stock valued at $7,621,000 after buying an additional 58,536 shares during the period. 64.73% of the stock is owned by hedge funds and other institutional investors.

RealReal Company Profile

The RealReal, Inc (NASDAQ: REAL) operates an online marketplace specializing in the authenticated resale of luxury goods. Since its founding in 2011 by entrepreneur Julie Wainwright, the company has positioned itself as a leading platform for consignors and shoppers seeking designer fashion, fine jewelry, watches, art, and home décor. Headquartered in San Francisco, The RealReal combines e-commerce technology with an in-house team of experts to offer a seamless buying and selling experience for secondhand luxury items.

At the core of The RealReal’s business model is its consignment service, which enables individuals to sell pre-owned luxury products through a fully managed process.