Levesque Rati Sahi Sells 11,744 Shares of The RealReal, Inc. (NASDAQ:REAL) Stock

The RealReal, Inc. (NASDAQ:REALGet Rating) President Levesque Rati Sahi sold 11,744 shares of the firm’s stock in a transaction dated Friday, May 20th. The stock was sold at an average price of $3.06, for a total transaction of $35,936.64. Following the transaction, the president now directly owns 710,226 shares in the company, valued at $2,173,291.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Levesque Rati Sahi also recently made the following trade(s):

  • On Tuesday, May 24th, Levesque Rati Sahi sold 14,082 shares of RealReal stock. The shares were sold at an average price of $2.75, for a total transaction of $38,725.50.
  • On Tuesday, April 26th, Levesque Rati Sahi sold 1,609 shares of RealReal stock. The shares were sold at an average price of $6.32, for a total transaction of $10,168.88.
  • On Friday, April 22nd, Levesque Rati Sahi sold 891 shares of RealReal stock. The shares were sold at an average price of $6.01, for a total transaction of $5,354.91.
  • On Wednesday, February 23rd, Levesque Rati Sahi sold 13,488 shares of RealReal stock. The shares were sold at an average price of $7.36, for a total transaction of $99,271.68.

NASDAQ:REAL traded down $0.53 during mid-day trading on Tuesday, hitting $2.66. 5,636,102 shares of the company’s stock were exchanged, compared to its average volume of 3,714,042. The company has a 50 day simple moving average of $6.21 and a 200-day simple moving average of $9.35. The company has a current ratio of 2.58, a quick ratio of 2.17 and a debt-to-equity ratio of 4.76. The RealReal, Inc. has a fifty-two week low of $2.65 and a fifty-two week high of $22.83. The firm has a market capitalization of $251.03 million, a P/E ratio of -1.09 and a beta of 2.45.

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

Several research firms have commented on REAL. Wedbush decreased their target price on shares of RealReal from $21.00 to $14.00 and set an “outperform” rating on the stock in a report on Thursday, February 24th. Stifel Nicolaus reduced their price target on shares of RealReal from $15.00 to $12.00 and set a “hold” rating on the stock in a research note on Thursday, February 24th. Zacks Investment Research downgraded shares of RealReal from a “hold” rating to a “sell” rating in a research note on Wednesday, April 27th. Jefferies Financial Group assumed coverage on shares of RealReal in a research note on Thursday, March 17th. They issued a “buy” rating and a $13.00 price target on the stock. Finally, Raymond James reduced their price target on shares of RealReal from $19.00 to $18.00 and set an “outperform” rating on the stock in a research note 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’s stock. According to MarketBeat.com, RealReal has a consensus rating of “Buy” and an average target price of $14.65.

Hedge funds and other institutional investors have recently modified their holdings of the company. Parallel Advisors LLC lifted its position in shares of RealReal by 758.9% in the 1st quarter. Parallel Advisors LLC now owns 3,178 shares of the company’s stock worth $25,000 after purchasing an additional 2,808 shares during the period. Dark Forest Capital Management LP lifted its position in shares of RealReal by 2,059.2% in the 3rd quarter. Dark Forest Capital Management LP now owns 2,699 shares of the company’s stock worth $36,000 after purchasing an additional 2,574 shares during the period. US Bancorp DE lifted its position in shares of RealReal by 105.9% in the 3rd quarter. US Bancorp DE now owns 3,933 shares of the company’s stock worth $52,000 after purchasing an additional 2,023 shares during the period. Shay Capital LLC acquired a new position in shares of RealReal in the 1st quarter worth approximately $73,000. Finally, Keybank National Association OH acquired a new position in shares of RealReal in the 1st quarter worth approximately $75,000. Hedge funds and other institutional investors own 89.19% of the company’s stock.

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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