The RealReal, Inc. $REAL Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. reduced its holdings in The RealReal, Inc. (NASDAQ:REAL) by 47.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 609,792 shares of the company’s stock after selling 560,320 shares during the quarter. RealReal accounts for 0.6% of Landscape Capital Management L.L.C.’s portfolio, making the stock its 18th largest position. Landscape Capital Management L.L.C. owned about 0.52% of RealReal worth $9,623,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in RealReal in the 3rd quarter valued at approximately $28,000. Larson Financial Group LLC acquired a new position in shares of RealReal during the 3rd quarter valued at $31,000. Flagship Harbor Advisors LLC acquired a new position in shares of RealReal during the 4th quarter valued at $71,000. EHP Funds Inc. acquired a new position in shares of RealReal during the 3rd quarter valued at $107,000. Finally, CIBC Bancorp USA Inc. acquired a new position in shares of RealReal during the 3rd quarter valued at $108,000. 64.73% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on REAL shares. Roth Mkm set a $17.00 price target on RealReal in a research report on Friday, May 8th. Robert W. Baird set a $13.00 price target on RealReal in a research report on Friday, May 8th. UBS Group reiterated a “buy” rating on shares of RealReal in a research report on Wednesday, June 3rd. Wall Street Zen cut RealReal from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of RealReal in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.25.

RealReal Stock Up 4.5%

Shares of NASDAQ REAL opened at $10.28 on Friday. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of -10.08 and a beta of 2.71. The stock’s fifty day simple moving average is $10.26 and its 200 day simple moving average is $12.26. The RealReal, Inc. has a 52-week low of $4.70 and a 52-week high of $17.39.

RealReal (NASDAQ:REAL) last issued its earnings results on Thursday, May 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). The company had revenue of $189.72 million during the quarter, compared to analyst estimates of $187.82 million. The business’s revenue was up 18.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.08) earnings per share. As a group, analysts anticipate that The RealReal, Inc. will post -0.15 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Todd A. Suko sold 17,353 shares of RealReal stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $9.25, for a total value of $160,515.25. Following the transaction, the insider directly owned 605,394 shares in the company, valued at $5,599,894.50. The trade was a 2.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Gopal Ajay Madan sold 51,585 shares of RealReal stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $9.29, for a total value of $479,224.65. Following the completion of the transaction, the chief financial officer owned 1,179,307 shares in the company, valued at $10,955,762.03. The trade was a 4.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 218,415 shares of company stock worth $2,022,402. Corporate insiders own 2.66% of the company’s stock.

RealReal Profile

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.