Key Points
- Steve Ming Lo, the company's CAO, sold 13,542 shares at an average price of $14.27 on Nov. 13 for about $193,244, trimming his stake by 3.92% to 331,768 shares (≈$4.73M).
- The RealReal reported Q3 EPS of ($0.49) vs. an expected ($0.14) (a $0.35 miss) while revenue of $173.6M slightly beat estimates, and the stock traded down roughly 3.0% to $13.85.
- Analysts' average rating is "Moderate Buy" with a consensus target of $14.63, institutional investors own about 64.7% of the stock, and the company has a market cap of ~$1.62B.
The RealReal, Inc. (NASDAQ:REAL - Get Free Report) CAO Steve Ming Lo sold 13,542 shares of the company's stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $14.27, for a total value of $193,244.34. Following the sale, the chief accounting officer owned 331,768 shares in the company, valued at approximately $4,734,329.36. This represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
RealReal Stock Down 3.0%
NASDAQ:REAL traded down $0.43 during mid-day trading on Friday, hitting $13.85. 2,812,375 shares of the stock traded hands, compared to its average volume of 4,806,323. The business's 50-day moving average price is $11.04 and its 200 day moving average price is $7.76. The company has a market cap of $1.62 billion, a PE ratio of -10.04 and a beta of 2.54. The RealReal, Inc. has a 12-month low of $3.84 and a 12-month high of $16.24.
RealReal (NASDAQ:REAL - Get Free Report) last announced its quarterly earnings results on Monday, November 10th. The company reported ($0.49) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.35). The business had revenue of $173.57 million for the quarter, compared to analysts' expectations of $169.01 million. RealReal has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Analysts anticipate that The RealReal, Inc. will post -0.4 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Game Plan Financial Advisors LLC grew its holdings in RealReal by 52.8% in the 1st quarter. Game Plan Financial Advisors LLC now owns 5,500 shares of the company's stock worth $30,000 after acquiring an additional 1,900 shares during the last quarter. Quarry LP boosted its holdings in shares of RealReal by 117.0% during the first quarter. Quarry LP now owns 6,238 shares of the company's stock worth $34,000 after purchasing an additional 3,363 shares during the period. AlphaQuest LLC bought a new stake in shares of RealReal in the first quarter worth about $59,000. State of Alaska Department of Revenue purchased a new stake in shares of RealReal in the 3rd quarter worth about $59,000. Finally, Farther Finance Advisors LLC bought a new stake in shares of RealReal during the 2nd quarter valued at about $60,000. Institutional investors own 64.73% of the company's stock.
Wall Street Analyst Weigh In
REAL has been the topic of a number of research analyst reports. Weiss Ratings restated a "sell (d-)" rating on shares of RealReal in a research note on Wednesday, October 8th. KeyCorp upgraded shares of RealReal from a "sector weight" rating to an "overweight" rating and set a $16.00 price objective on the stock in a research report on Wednesday, November 5th. Wall Street Zen upgraded shares of RealReal from a "hold" rating to a "buy" rating in a research report on Saturday. Roth Capital set a $17.50 price target on shares of RealReal and gave the stock a "buy" rating in a report on Wednesday, October 29th. Finally, UBS Group raised their price objective on shares of RealReal from $10.50 to $14.00 and gave the company a "neutral" rating in a research report on Tuesday. One equities research 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 given a Sell rating to the stock. Based on data from MarketBeat.com, RealReal currently has an average rating of "Moderate Buy" and a consensus target price of $14.63.
Read Our Latest Stock Report on REAL
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.
Further Reading
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