The RealReal, Inc. (NASDAQ:REAL – Get Free Report) insider Luke Thomas Friang sold 18,619 shares of RealReal stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $13.06, for a total value of $243,164.14. Following the sale, the insider directly owned 499,265 shares of the company’s stock, valued at approximately $6,520,400.90. This trade represents a 3.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
RealReal Stock Up 3.4%
Shares of RealReal stock traded up $0.45 during trading on Friday, hitting $13.52. 5,286,473 shares of the stock traded hands, compared to its average volume of 4,774,025. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of -9.80 and a beta of 2.54. The RealReal, Inc. has a 52 week low of $4.45 and a 52 week high of $16.24. The firm’s fifty day moving average is $11.51 and its 200-day moving average is $8.02.
RealReal (NASDAQ:REAL – Get Free Report) last released 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 company had revenue of $173.57 million during 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, analysts forecast that The RealReal, Inc. will post -0.4 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Stock Report on REAL
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Bank of New York Mellon Corp increased its stake in shares of RealReal by 8.0% in the first quarter. Bank of New York Mellon Corp now owns 382,139 shares of the company’s stock worth $2,060,000 after buying an additional 28,198 shares during the period. Cerity Partners LLC bought a new stake in RealReal in the 1st quarter worth $117,000. Arizona State Retirement System purchased a new position in shares of RealReal in the first quarter valued at about $127,000. CWM LLC raised its stake in shares of RealReal by 1,395.7% during the first quarter. CWM LLC now owns 30,917 shares of the company’s stock valued at $167,000 after acquiring an additional 28,850 shares during the last quarter. Finally, Kestra Private Wealth Services LLC boosted its holdings in shares of RealReal by 86.1% during the first quarter. Kestra Private Wealth Services LLC now owns 35,353 shares of the company’s stock worth $191,000 after purchasing an additional 16,353 shares during the period. Institutional investors own 64.73% of the company’s stock.
RealReal Company Profile
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.
See Also
- Five stocks we like better than RealReal
- 3 Best Fintech Stocks for a Portfolio Boost
- A Magnificent AI Bet? Stanley Druckenmiller’s Latest Tech Moves
- 10 Best Airline Stocks to Buy
- 12 Analysts Just Raised CrowdStrike Targets—Here’s What They See Coming
- What is Insider Trading? What You Can Learn from Insider Trading
- Palo Alto Networks Stock Just Pulled Back—Is This a Prime Buy Zone?
Receive News & Ratings for RealReal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RealReal and related companies with MarketBeat.com's FREE daily email newsletter.
