RealReal (NASDAQ:REAL) CAO Steve Ming Lo Sells 13,542 Shares of Stock

The RealReal, Inc. (NASDAQ:REAL) CAO Steve Ming Lo sold 13,542 shares of the business’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $14.27, for a total transaction of $193,244.34. Following the completion of the transaction, the chief accounting officer owned 331,768 shares in the company, valued at approximately $4,734,329.36. The trade was a 3.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

RealReal Stock Performance

Shares of REAL stock traded down $0.43 during mid-day trading on Friday, hitting $13.85. The company’s stock had a trading volume of 2,812,375 shares, compared to its average volume of 4,806,323. The company has a market cap of $1.62 billion, a PE ratio of -10.04 and a beta of 2.54. The company’s fifty day simple moving average is $11.04 and its 200-day simple moving average is $7.76. The RealReal, Inc. has a 52 week low of $3.84 and a 52 week high of $16.24.

RealReal (NASDAQ:REAL) last issued its earnings results 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 business had revenue of $173.57 million during the quarter, compared to analyst estimates of $169.01 million. RealReal has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities analysts anticipate that The RealReal, Inc. will post -0.4 earnings per share for the current year.

Analyst Ratings Changes

REAL has been the topic of a number of research analyst reports. Robert W. Baird increased their price objective on shares of RealReal from $8.00 to $13.00 and gave the stock a “neutral” rating in a research report on Tuesday. Roth Capital set a $17.50 price objective on RealReal and gave the company a “buy” rating in a report on Wednesday, October 29th. Wall Street Zen upgraded RealReal from a “hold” rating to a “buy” rating in a report on Saturday. B. Riley restated a “buy” rating and set a $14.00 price objective (up previously from $12.00) on shares of RealReal in a report on Tuesday. Finally, UBS Group raised 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. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $14.63.

Institutional Investors Weigh In On RealReal

A number of institutional investors have recently added to or reduced their stakes in REAL. Vanguard Group Inc. lifted its position in shares of RealReal by 7.7% during the 3rd quarter. Vanguard Group Inc. now owns 5,929,807 shares of the company’s stock worth $63,034,000 after buying an additional 425,674 shares in the last quarter. Kanen Wealth Management LLC lifted its holdings in RealReal by 26.2% during the second quarter. Kanen Wealth Management LLC now owns 4,708,623 shares of the company’s stock worth $22,554,000 after acquiring an additional 978,660 shares during the period. Marshall Wace LLP grew its stake in RealReal by 3.4% in the 2nd quarter. Marshall Wace LLP now owns 4,321,577 shares of the company’s stock valued at $20,700,000 after purchasing an additional 143,165 shares during the period. Two Sigma Investments LP increased its holdings in RealReal by 6.6% in the 3rd quarter. Two Sigma Investments LP now owns 2,628,770 shares of the company’s stock worth $27,944,000 after acquiring an additional 162,804 shares during the last quarter. Finally, Jupiter Asset Management Ltd. boosted its position in RealReal by 501.0% during the third quarter. Jupiter Asset Management Ltd. now owns 1,961,057 shares of the company’s stock worth $20,846,000 after purchasing an additional 1,634,782 shares during the period. 64.73% of the stock is owned by institutional investors.

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.