The RealReal, Inc. (NASDAQ:REAL - Get Free Report) CAO Steve Ming Lo sold 16,962 shares of the business's stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $10.72, for a total value of $181,832.64. Following the completion of the transaction, the chief accounting officer directly owned 170,236 shares in the company, valued at approximately $1,824,929.92. The trade was a 9.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
RealReal Price Performance
Shares of NASDAQ REAL opened at $11.61 on Wednesday. The stock has a fifty day moving average price of $14.68 and a 200 day moving average price of $12.34. The RealReal, Inc. has a 1-year low of $4.61 and a 1-year high of $17.39. The company has a market cap of $1.35 billion, a PE ratio of -8.41 and a beta of 2.65.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC increased its holdings in RealReal by 589.2% in the first quarter. AQR Capital Management LLC now owns 887,997 shares of the company's stock valued at $4,786,000 after buying an additional 759,160 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in RealReal by 6.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,437 shares of the company's stock worth $326,000 after purchasing an additional 3,500 shares during the last quarter. Millennium Management LLC boosted its position in RealReal by 1.9% during the first quarter. Millennium Management LLC now owns 883,690 shares of the company's stock worth $4,763,000 after purchasing an additional 16,136 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in RealReal in the second quarter valued at $175,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in RealReal in the second quarter valued at $1,332,000. 64.73% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
REAL has been the topic of several analyst reports. William Blair began coverage on shares of RealReal in a report on Monday, December 15th. They issued an "outperform" rating on the stock. Roth Mkm set a $17.50 price objective on shares of RealReal and gave the company a "buy" rating in a research report on Wednesday, October 29th. KeyCorp boosted their target price on RealReal from $16.00 to $20.00 and gave the stock an "overweight" rating in a research report on Thursday, January 22nd. B. Riley Financial increased their target price on RealReal from $14.00 to $17.00 and gave the stock a "buy" rating in a research note on Friday, December 12th. Finally, Wall Street Zen cut RealReal from a "buy" rating to a "hold" rating in a report on Saturday, January 31st. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $17.94.
Read Our Latest Stock Report on RealReal
Trending Headlines about RealReal
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
RealReal Company Profile
(
Get Free Report)
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.
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