Insider Selling: RealReal (NASDAQ:REAL) Insider Sells 18,619 Shares of Stock

The RealReal, Inc. (NASDAQ:REALGet 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:REALGet 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

A number of equities research analysts have recently issued reports on REAL shares. UBS Group upped 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, November 11th. BTIG Research lifted their target price on shares of RealReal from $11.00 to $15.00 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. Roth Capital set a $17.50 price target on shares of RealReal and gave the company a “buy” rating in a research report on Wednesday, October 29th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of RealReal in a research note on Wednesday, October 8th. Finally, Robert W. Baird lifted their price objective on RealReal from $8.00 to $13.00 and gave the stock a “neutral” rating in a report on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $14.63.

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

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

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