The RealReal, Inc. (NASDAQ:REAL) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. decreased its position in shares of The RealReal, Inc. (NASDAQ:REAL) by 2.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 396,470 shares of the company’s stock after selling 10,450 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in RealReal were worth $797,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of RealReal by 3.0% during the first quarter. Vanguard Group Inc. now owns 7,442,925 shares of the company’s stock worth $54,035,000 after purchasing an additional 217,186 shares during the period. Marshall Wace LLP lifted its holdings in RealReal by 24.2% in the fourth quarter. Marshall Wace LLP now owns 4,192,348 shares of the company’s stock valued at $5,240,000 after acquiring an additional 815,955 shares during the period. Manatuck Hill Partners LLC lifted its holdings in RealReal by 5.8% in the third quarter. Manatuck Hill Partners LLC now owns 3,650,000 shares of the company’s stock valued at $7,702,000 after acquiring an additional 200,000 shares during the period. State Street Corp lifted its holdings in RealReal by 59.9% in the third quarter. State Street Corp now owns 3,297,001 shares of the company’s stock valued at $4,946,000 after acquiring an additional 1,235,638 shares during the period. Finally, Millennium Management LLC lifted its holdings in RealReal by 47.2% in the fourth quarter. Millennium Management LLC now owns 2,901,658 shares of the company’s stock valued at $3,627,000 after acquiring an additional 930,174 shares during the period. Institutional investors and hedge funds own 64.73% of the company’s stock.

Analysts Set New Price Targets

REAL has been the subject of a number of analyst reports. UBS Group boosted their price target on RealReal from $2.30 to $3.70 and gave the company a “neutral” rating in a report on Friday, April 12th. Needham & Company LLC reaffirmed a “buy” rating and set a $6.00 target price on shares of RealReal in a research note on Friday, March 1st. Finally, Robert W. Baird reaffirmed a “neutral” rating and set a $2.75 target price (down from $3.25) on shares of RealReal in a research note on Thursday, January 4th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $3.61.

RealReal Trading Up 2.9 %

REAL opened at $3.20 on Wednesday. The stock’s 50-day moving average price is $2.91 and its 200 day moving average price is $2.28. The RealReal, Inc. has a 12-month low of $1.00 and a 12-month high of $4.10. The firm has a market cap of $335.01 million, a price-to-earnings ratio of -1.92 and a beta of 2.98.

RealReal (NASDAQ:REAL) last posted its earnings results on Thursday, February 29th. The company reported ($0.15) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.19) by $0.04. The firm had revenue of $143.37 million for the quarter, compared to analyst estimates of $142.80 million. On average, research analysts forecast that The RealReal, Inc. will post -0.79 earnings per share for the current year.

Insider Buying and Selling at RealReal

In other RealReal news, President Levesque Rati Sahi sold 30,000 shares of the stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $3.22, for a total value of $96,600.00. Following the sale, the president now owns 1,312,719 shares of the company’s stock, valued at approximately $4,226,955.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Karen Katz purchased 6,500 shares of the company’s stock in a transaction that occurred on Friday, March 8th. The shares were purchased at an average price of $3.85 per share, for a total transaction of $25,025.00. Following the purchase, the director now directly owns 183,476 shares of the company’s stock, valued at approximately $706,382.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Levesque Rati Sahi sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $3.22, for a total value of $96,600.00. Following the transaction, the president now owns 1,312,719 shares in the company, valued at approximately $4,226,955.18. The disclosure for this sale can be found here. 9.34% of the stock is owned by corporate insiders.

RealReal Company Profile

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.