The RealReal, Inc. (NASDAQ:REAL) CAO Sells $24,987.96 in Stock

The RealReal, Inc. (NASDAQ:REALGet Rating) CAO Steve Ming Lo sold 8,166 shares of the company’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 $24,987.96. Following the completion of the transaction, the chief accounting officer now owns 285,269 shares in the company, valued at $872,923.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of REAL stock traded down $0.51 during mid-day trading on Tuesday, hitting $2.68. 213,014 shares of the stock traded hands, compared to its average volume of 3,694,553. The stock has a market cap of $252.92 million, a P/E ratio of -1.09 and a beta of 2.45. 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 stock’s fifty day moving average is $6.21 and its two-hundred day moving average is $9.35. The RealReal, Inc. has a 52-week low of $2.77 and a 52-week high of $22.83.

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

A number of research analysts have recently commented on REAL shares. Needham & Company LLC restated a “buy” rating and issued a $10.00 price target on shares of RealReal in a report on Tuesday, May 17th. Stifel Nicolaus lowered their price objective on shares of RealReal from $15.00 to $12.00 and set a “hold” rating for the company in a research note on Thursday, February 24th. UBS Group lowered their price objective on shares of RealReal from $17.00 to $9.00 and set a “neutral” rating for the company in a research note on Tuesday, March 22nd. Credit Suisse Group lowered shares of RealReal from an “outperform” rating to a “neutral” rating and lowered their price objective for the stock from $15.00 to $8.00 in a research note on Tuesday, March 29th. Finally, Raymond James lowered their price objective on shares of RealReal from $19.00 to $18.00 and set an “outperform” rating for the company in a research note on Thursday, February 24th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, RealReal has a consensus rating of “Buy” and a consensus price target of $14.65.

Institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC raised its position in shares of RealReal by 11.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,343,645 shares of the company’s stock valued at $17,709,000 after purchasing an additional 143,385 shares during the last quarter. Teacher Retirement System of Texas purchased a new position in shares of RealReal in the 3rd quarter valued at approximately $161,000. Voloridge Investment Management LLC raised its position in shares of RealReal by 46.6% in the 3rd quarter. Voloridge Investment Management LLC now owns 778,856 shares of the company’s stock valued at $10,265,000 after purchasing an additional 247,482 shares during the last quarter. Primoris Wealth Advisors LLC purchased a new position in shares of RealReal in the 4th quarter valued at approximately $971,000. Finally, AlphaCrest Capital Management LLC purchased a new position in shares of RealReal in the 4th quarter valued at approximately $155,000. 89.19% of the stock is owned by hedge funds and other institutional investors.

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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