Julie Wainwright Sells 16,870 Shares of The RealReal, Inc. (NASDAQ:REAL) Stock

The RealReal, Inc. (NASDAQ:REALGet Rating) CEO Julie Wainwright sold 16,870 shares of RealReal stock in a transaction dated Friday, May 20th. The shares were sold at an average price of $3.06, for a total value of $51,622.20. Following the completion of the sale, the chief executive officer now owns 2,611,820 shares of the company’s stock, valued at $7,992,169.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Julie Wainwright also recently made the following trade(s):

  • On Friday, April 22nd, Julie Wainwright sold 2,223 shares of RealReal stock. The stock was sold at an average price of $6.01, for a total value of $13,360.23.

REAL traded down $0.51 on Tuesday, reaching $2.68. The company’s stock had a trading volume of 213,014 shares, compared to its average volume of 3,694,553. The stock has a market cap of $252.92 million, a price-to-earnings ratio of -1.09 and a beta of 2.45. The RealReal, Inc. has a 1 year low of $2.77 and a 1 year high of $22.83. The company has a debt-to-equity ratio of 4.76, a current ratio of 2.58 and a quick ratio of 2.17. The business’s 50 day moving average is $6.21 and its 200 day moving average is $9.35.

RealReal (NASDAQ:REALGet Rating) last issued its quarterly earnings results on Tuesday, May 10th. The company reported ($0.47) EPS for the quarter, beating analysts’ consensus estimates of ($0.64) by $0.17. The firm had revenue of $146.70 million during the quarter, compared to the consensus estimate of $136.35 million. RealReal had a negative return on equity of 331.27% and a negative net margin of 46.07%. RealReal’s revenue for the quarter was up 48.5% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.62) earnings per share. As a group, research analysts forecast that The RealReal, Inc. will post -1.97 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently made changes to their positions in REAL. Parallel Advisors LLC raised its stake in RealReal by 758.9% during the first quarter. Parallel Advisors LLC now owns 3,178 shares of the company’s stock valued at $25,000 after buying an additional 2,808 shares in the last quarter. Dark Forest Capital Management LP raised its stake in RealReal by 2,059.2% during the third quarter. Dark Forest Capital Management LP now owns 2,699 shares of the company’s stock valued at $36,000 after buying an additional 2,574 shares in the last quarter. US Bancorp DE raised its stake in RealReal by 105.9% during the third quarter. US Bancorp DE now owns 3,933 shares of the company’s stock valued at $52,000 after buying an additional 2,023 shares in the last quarter. Shay Capital LLC acquired a new stake in RealReal during the first quarter valued at approximately $73,000. Finally, Keybank National Association OH acquired a new stake in RealReal during the first quarter valued at approximately $75,000. Hedge funds and other institutional investors own 89.19% of the company’s stock.

REAL has been the topic of a number of recent research reports. Stifel Nicolaus dropped their target price on RealReal from $15.00 to $12.00 and set a “hold” rating on the stock in a research report on Thursday, February 24th. UBS Group reduced their target price on RealReal from $17.00 to $9.00 and set a “neutral” rating for the company in a research note on Tuesday, March 22nd. Bank of America reduced their price objective on RealReal from $22.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday, February 24th. Zacks Investment Research cut RealReal from a “hold” rating to a “sell” rating in a report on Wednesday, April 27th. Finally, Piper Sandler dropped their target price on RealReal from $21.00 to $18.00 and set an “overweight” rating for the company in a report on Thursday, February 24th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $14.65.

About RealReal (Get Rating)

The RealReal, Inc operates an online marketplace for consigned luxury goods in the United State. It offers various product categories, including women's, men's, kids', jewelry and watches, and home and art products. The company was incorporated in 2011 and is headquartered in San Francisco, California.

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