Algert Global LLC Acquires 342,030 Shares of The RealReal, Inc. $REAL

Algert Global LLC raised its holdings in The RealReal, Inc. (NASDAQ:REALFree Report) by 182.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 529,770 shares of the company’s stock after acquiring an additional 342,030 shares during the quarter. Algert Global LLC owned about 0.47% of RealReal worth $2,855,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. American Century Companies Inc. bought a new position in RealReal in the first quarter valued at approximately $277,000. Fox Run Management L.L.C. bought a new position in RealReal in the first quarter valued at approximately $72,000. Crestwood Capital Management L.P. boosted its stake in RealReal by 23.0% in the first quarter. Crestwood Capital Management L.P. now owns 1,468,081 shares of the company’s stock valued at $7,913,000 after acquiring an additional 274,580 shares during the last quarter. Nuveen LLC bought a new position in RealReal in the first quarter valued at approximately $3,331,000. Finally, Virtu Financial LLC bought a new position in RealReal in the first quarter valued at approximately $128,000. 64.73% of the stock is owned by institutional investors.

Insider Activity at RealReal

In related news, CEO Levesque Rati Sahi sold 260,171 shares of the firm’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $7.94, for a total transaction of $2,065,757.74. Following the sale, the chief executive officer directly owned 1,803,044 shares in the company, valued at $14,316,169.36. This trade represents a 12.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 9.00% of the stock is currently owned by insiders.

RealReal Stock Up 3.0%

Shares of NASDAQ REAL opened at $8.12 on Thursday. The company’s fifty day moving average is $5.76 and its 200-day moving average is $5.99. The stock has a market cap of $935.75 million, a price-to-earnings ratio of -7.66 and a beta of 2.48. The RealReal, Inc. has a twelve month low of $2.24 and a twelve month high of $11.38.

RealReal (NASDAQ:REALGet Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.02. The firm had revenue of $165.19 million for the quarter, compared to the consensus estimate of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts anticipate that The RealReal, Inc. will post -0.4 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

REAL has been the topic of a number of recent research reports. UBS Group raised their price objective on shares of RealReal from $7.00 to $8.00 and gave the company a “neutral” rating in a research note on Friday, August 8th. B. Riley reissued a “buy” rating and set a $9.00 price target (up from $8.00) on shares of RealReal in a research report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $11.13.

Check Out Our Latest Research Report on REAL

About RealReal

(Free Report)

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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Institutional Ownership by Quarter for RealReal (NASDAQ:REAL)

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