Insider Selling: The RealReal, Inc. (NASDAQ:REAL) CEO Sells $4,035,900.00 in Stock

The RealReal, Inc. (NASDAQ:REAL) CEO Julie Wainwright sold 165,000 shares of the company’s stock in a transaction dated Friday, January 8th. The shares were sold at an average price of $24.46, for a total transaction of $4,035,900.00. Following the sale, the chief executive officer now owns 3,243,328 shares of the company’s stock, valued at $79,331,802.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Julie Wainwright also recently made the following trade(s):

  • On Tuesday, January 5th, Julie Wainwright sold 65,700 shares of The RealReal stock. The shares were sold at an average price of $22.17, for a total transaction of $1,456,569.00.
  • On Thursday, December 17th, Julie Wainwright sold 196 shares of The RealReal stock. The shares were sold at an average price of $20.00, for a total transaction of $3,920.00.
  • On Tuesday, December 8th, Julie Wainwright sold 135,000 shares of The RealReal stock. The shares were sold at an average price of $14.96, for a total transaction of $2,019,600.00.
  • On Monday, November 9th, Julie Wainwright sold 135,000 shares of The RealReal stock. The shares were sold at an average price of $16.17, for a total transaction of $2,182,950.00.
  • On Thursday, October 22nd, Julie Wainwright sold 2,527 shares of The RealReal stock. The shares were sold at an average price of $14.22, for a total transaction of $35,933.94.

NASDAQ REAL opened at $25.75 on Thursday. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of -17.40 and a beta of 3.62. The company has a 50 day moving average of $18.47 and a 200-day moving average of $15.74. The company has a current ratio of 4.41, a quick ratio of 4.21 and a debt-to-equity ratio of 0.55. The RealReal, Inc. has a 1-year low of $5.00 and a 1-year high of $26.30.

The RealReal (NASDAQ:REAL) last posted its quarterly earnings data on Monday, November 9th. The company reported ($0.41) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.38) by ($0.03). The firm had revenue of $78.10 million for the quarter, compared to analyst estimates of $78.50 million. The RealReal had a negative return on equity of 38.60% and a negative net margin of 40.78%. The business’s quarterly revenue was down 3.0% on a year-over-year basis. During the same period in the previous year, the business posted ($0.27) EPS. On average, analysts forecast that The RealReal, Inc. will post -1.69 earnings per share for the current year.

REAL has been the subject of several research reports. Wells Fargo & Company increased their target price on shares of The RealReal from $20.00 to $25.00 and gave the company an “overweight” rating in a research note on Tuesday, December 22nd. Robert W. Baird initiated coverage on shares of The RealReal in a research note on Monday, December 21st. They issued an “outperform” rating and a $23.00 target price for the company. Piper Sandler increased their target price on shares of The RealReal from $19.00 to $25.00 and gave the company an “overweight” rating in a research note on Monday, January 4th. BidaskClub upgraded shares of The RealReal from a “hold” rating to a “buy” rating in a research note on Wednesday, December 23rd. Finally, Morgan Stanley started coverage on shares of The RealReal in a research note on Tuesday, November 17th. They set an “equal weight” rating and a $16.00 price target for the company. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $18.44.

Several hedge funds and other institutional investors have recently bought and sold shares of REAL. Miller Value Partners LLC increased its holdings in shares of The RealReal by 3,609.9% during the third quarter. Miller Value Partners LLC now owns 2,745,336 shares of the company’s stock worth $39,725,000 after buying an additional 2,671,336 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of The RealReal by 139.0% in the second quarter. Vanguard Group Inc. now owns 3,995,365 shares of the company’s stock valued at $51,101,000 after purchasing an additional 2,323,647 shares in the last quarter. FMR LLC increased its holdings in shares of The RealReal by 22.4% in the second quarter. FMR LLC now owns 12,062,669 shares of the company’s stock valued at $154,281,000 after purchasing an additional 2,207,687 shares in the last quarter. Great Lakes Advisors LLC acquired a new stake in shares of The RealReal in the third quarter valued at approximately $13,921,000. Finally, Teacher Retirement System of Texas acquired a new stake in shares of The RealReal in the third quarter valued at approximately $12,649,000. 81.24% of the stock is owned by institutional investors.

The RealReal Company Profile

The RealReal, Inc operates an online marketplace for consigned luxury goods. It offers various resale product categories, including women's, men's, kids', jewelry, and watches, as well as home and art products. The company was founded in 2011 and is headquartered in San Francisco, California.

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Insider Buying and Selling by Quarter for The RealReal (NASDAQ:REAL)

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