RealReal (NASDAQ:REAL) CEO Levesque Rati Sahi Sells 121,399 Shares of Stock

The RealReal, Inc. (NASDAQ:REAL) CEO Levesque Rati Sahi sold 121,399 shares of the company’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $10.72, for a total value of $1,301,397.28. Following the completion of the sale, the chief executive officer directly owned 1,482,779 shares of the company’s stock, valued at $15,895,390.88. The trade was a 7.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

RealReal Stock Performance

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in REAL. Invesco Ltd. increased its position in shares of 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 during the last quarter. Voloridge Investment Management LLC lifted its position in shares of RealReal by 20.1% during the fourth quarter. Voloridge Investment Management LLC now owns 920,182 shares of the company’s stock worth $14,520,000 after purchasing an additional 153,798 shares during the last quarter. Tudor Investment Corp ET AL grew its stake in 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 in the last quarter. Numerai GP LLC grew its stake in 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 purchasing an additional 44,845 shares in the last quarter. Finally, Interval Partners LP increased its holdings in RealReal by 13.8% in 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 last quarter. 64.73% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Robert W. Baird set a $15.00 target price on shares of RealReal in a research note on Wednesday, December 17th. B. Riley Financial boosted their price objective on shares of RealReal from $14.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, December 12th. UBS Group upped their price objective on shares of RealReal from $14.00 to $16.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. KeyCorp lifted their target price on RealReal from $16.00 to $20.00 and gave the stock an “overweight” rating in a research report on Thursday, January 22nd. Finally, Wall Street Zen lowered RealReal from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. One equities research analyst has rated the stock with a Strong Buy rating, five have issued 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, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $17.94.

Key Stories Impacting RealReal

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

About RealReal

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.