Insider Selling: RealReal (NASDAQ:REAL) CAO Sells 13,542 Shares of Stock

The RealReal, Inc. (NASDAQ:REAL) CAO Steve Ming Lo sold 13,542 shares of the stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $14.27, for a total value of $193,244.34. Following the sale, the chief accounting officer owned 331,768 shares in the company, valued at $4,734,329.36. The trade was a 3.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

RealReal Trading Down 3.0%

REAL traded down $0.43 during trading on Friday, reaching $13.85. 2,812,375 shares of the company were exchanged, compared to its average volume of 3,579,887. The firm has a 50 day moving average of $10.94 and a 200 day moving average of $7.70. The stock has a market cap of $1.62 billion, a P/E ratio of -10.04 and a beta of 2.54. The RealReal, Inc. has a 52 week low of $3.84 and a 52 week high of $16.24.

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 company had revenue of $173.57 million for 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, analysts forecast that The RealReal, Inc. will post -0.4 earnings per share for the current fiscal year.

Institutional Investors Weigh In On RealReal

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Occudo Quantitative Strategies LP acquired a new stake in shares of RealReal during the third quarter worth $546,000. California State Teachers Retirement System increased its stake in RealReal by 16.6% in the 3rd quarter. California State Teachers Retirement System now owns 91,586 shares of the company’s stock worth $974,000 after purchasing an additional 13,048 shares in the last quarter. Two Sigma Investments LP raised its holdings in RealReal by 6.6% during the 3rd 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 period. Interval Partners LP purchased a new stake in RealReal during the third quarter valued at about $4,512,000. Finally, Comerica Bank boosted its holdings in shares of RealReal by 0.3% in the third quarter. Comerica Bank now owns 351,156 shares of the company’s stock worth $3,733,000 after buying an additional 1,156 shares during the period. Institutional investors and hedge funds own 64.73% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on REAL shares. 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 research note on Tuesday. 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. KeyCorp upgraded shares of 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. Robert W. Baird boosted their target price on RealReal from $8.00 to $13.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, B. Riley reaffirmed a “buy” rating and set a $14.00 price target (up from $12.00) on shares of RealReal in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, RealReal has a consensus rating of “Moderate Buy” and an average 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.