Insider Selling: RealReal (NASDAQ:REAL) Director Sells 7,686,442 Shares of Stock

The RealReal, Inc. (NASDAQ:REAL) Director Gilbert Baird III sold 7,686,442 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $13.21, for a total value of $101,537,898.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

RealReal Trading Down 3.3%

Shares of NASDAQ:REAL traded down $0.45 during mid-day trading on Wednesday, reaching $13.21. The stock had a trading volume of 3,980,095 shares, compared to its average volume of 3,583,677. The firm has a 50 day simple moving average of $11.27 and a two-hundred day simple moving average of $7.89. The firm has a market cap of $1.54 billion, a PE ratio of -9.57 and a beta of 2.54. The RealReal, Inc. has a twelve month low of $4.12 and a twelve month high of $16.24.

RealReal (NASDAQ:REAL) last announced its quarterly earnings results on Monday, November 10th. The company reported ($0.49) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.35). The firm had revenue of $173.57 million for the quarter, compared to the consensus estimate 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 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. KeyCorp raised RealReal from a “sector weight” rating to an “overweight” rating and set a $16.00 price target on the stock in a research report on Wednesday, November 5th. B. Riley restated a “buy” rating and set a $14.00 target price (up from $12.00) on shares of RealReal in a report on Tuesday, November 11th. UBS Group upped their price target on shares of RealReal from $10.50 to $14.00 and gave the company a “neutral” rating in a report on Tuesday, November 11th. Roth Capital set a $17.50 price objective on shares of RealReal and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of RealReal in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $14.63.

Institutional Investors Weigh In On RealReal

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake 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 during the last quarter. Kanen Wealth Management LLC increased its position in shares of RealReal by 26.2% in the second quarter. Kanen Wealth Management LLC now owns 4,708,623 shares of the company’s stock valued at $22,554,000 after acquiring an additional 978,660 shares during the last quarter. Marshall Wace LLP raised its holdings in RealReal by 3.4% during the second quarter. Marshall Wace LLP now owns 4,321,577 shares of the company’s stock worth $20,700,000 after acquiring an additional 143,165 shares in the last quarter. Two Sigma Investments LP boosted its position in RealReal by 6.6% during the third quarter. Two Sigma Investments LP now owns 2,628,770 shares of the company’s stock valued at $27,944,000 after purchasing an additional 162,804 shares during the last quarter. Finally, Divisadero Street Capital Management LP grew its stake in RealReal by 652.5% in the third quarter. Divisadero Street Capital Management LP now owns 2,599,801 shares of the company’s stock valued at $27,636,000 after purchasing an additional 2,254,300 shares in the last quarter. 64.73% of the stock is currently owned by institutional investors and hedge funds.

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.