RealReal (NASDAQ:REAL) CAO Steve Ming Lo Sells 16,962 Shares

The RealReal, Inc. (NASDAQ:REAL) CAO Steve Ming Lo sold 16,962 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $10.72, for a total transaction of $181,832.64. Following the transaction, the chief accounting officer owned 170,236 shares of the company’s stock, valued at approximately $1,824,929.92. The trade was a 9.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

RealReal Price Performance

Shares of NASDAQ REAL opened at $11.61 on Wednesday. The RealReal, Inc. has a 1 year low of $4.61 and a 1 year high of $17.39. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of -8.41 and a beta of 2.65. The business has a 50-day moving average of $14.68 and a two-hundred day moving average of $12.34.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on REAL shares. BTIG Research raised their price objective on shares of RealReal from $15.00 to $18.00 and gave the stock a “buy” rating in a report on Tuesday, December 30th. KeyCorp increased their target price on shares of RealReal from $16.00 to $20.00 and gave the company an “overweight” rating in a research report on Thursday, January 22nd. Weiss Ratings reissued a “sell (d-)” rating on shares of RealReal in a research report on Thursday, January 22nd. Northland Securities set a $20.00 price objective on shares of RealReal in a research note on Wednesday, January 14th. Finally, Roth Mkm set a $17.50 price objective on RealReal and gave the stock a “buy” rating in a report on Wednesday, October 29th. One 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $17.94.

Institutional Trading of RealReal

A number of large investors have recently bought and sold shares of the business. Comerica Bank grew its position in RealReal by 0.3% during the 3rd quarter. Comerica Bank now owns 351,156 shares of the company’s stock worth $3,733,000 after purchasing an additional 1,156 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of RealReal by 40.7% in the fourth quarter. Larson Financial Group LLC now owns 4,099 shares of the company’s stock valued at $65,000 after buying an additional 1,185 shares during the last quarter. Evoke Wealth LLC boosted its stake in shares of RealReal by 2.9% during the fourth quarter. Evoke Wealth LLC now owns 43,853 shares of the company’s stock worth $692,000 after buying an additional 1,240 shares during the period. DRW Securities LLC grew its holdings in shares of RealReal by 10.3% during the fourth quarter. DRW Securities LLC now owns 17,717 shares of the company’s stock worth $280,000 after buying an additional 1,650 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of RealReal by 4.0% during the fourth quarter. Royal Bank of Canada now owns 44,367 shares of the company’s stock worth $700,000 after buying an additional 1,694 shares during the last quarter. Institutional investors and hedge funds own 64.73% of the company’s stock.

Key RealReal News

Here are the key news stories impacting RealReal this week:

• Neutral Sentiment: Third‑party analysis comparing RealReal with a peer (Chanson International) was published; it’s an external take, not company guidance, so it may influence investor sentiment but doesn’t change fundamentals. Article Title
• Negative Sentiment: CEO Levesque Rati Sahi sold 121,399 shares at ~$10.72 (≈$1.30M), reducing his stake by ~7.6%; filing: SEC Form 4
• Negative Sentiment: CFO Gopal Ajay Madan sold 31,381 shares at ~$10.72 (≈$336K), a ~2.7% reduction; filing: SEC Form 4
• Negative Sentiment: CAO Steve Ming Lo sold 16,962 shares at ~$10.72 (≈$182K), a ~9.1% cut to his holding; filing: SEC Form 4
• Negative Sentiment: Insiders Todd A. Suko and Luke Friang also sold shares (45,947 and 19,609 shares respectively, both at ~$10.72), each trimming ~7–8% and ~3.9% of their positions. Filings: Suko Form 4 and Friang Form 4

About RealReal

The RealReal, Inc (NASDAQ: REAL) operates an online marketplace specializing in the authenticated resale of luxury goods. Since its founding in 2011 by entrepreneur Julie Wainwright, the company has positioned itself as a leading platform for consignors and shoppers seeking designer fashion, fine jewelry, watches, art, and home décor. Headquartered in San Francisco, The RealReal combines e-commerce technology with an in-house team of experts to offer a seamless buying and selling experience for secondhand luxury items.

At the core of The RealReal’s business model is its consignment service, which enables individuals to sell pre-owned luxury products through a fully managed process.