Allspring Global Investments Holdings LLC purchased a new position in shares of The RealReal, Inc. (NASDAQ:REAL – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 317,695 shares of the company’s stock, valued at approximately $1,576,000. Allspring Global Investments Holdings LLC owned 0.28% of RealReal at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC raised its stake in shares of RealReal by 6,203.2% in the first quarter. GAMMA Investing LLC now owns 13,804 shares of the company’s stock valued at $74,000 after buying an additional 13,585 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in shares of RealReal in the first quarter valued at $127,000. Diversified Trust Co bought a new stake in shares of RealReal in the first quarter valued at $157,000. Jag Capital Management LLC raised its stake in shares of RealReal by 72.5% in the first quarter. Jag Capital Management LLC now owns 19,884 shares of the company’s stock valued at $107,000 after buying an additional 8,357 shares during the period. Finally, Teacher Retirement System of Texas bought a new stake in shares of RealReal in the first quarter valued at $61,000. 64.73% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, CEO Levesque Rati Sahi sold 260,171 shares of the business’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $7.94, for a total transaction of $2,065,757.74. Following the completion of the transaction, the chief executive officer directly owned 1,803,044 shares in the company, valued at $14,316,169.36. The trade was a 12.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 9.00% of the stock is currently owned by insiders.
RealReal Stock Performance
RealReal (NASDAQ:REAL – Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.02. The company had revenue of $165.19 million for the quarter, compared to the consensus estimate of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts predict that The RealReal, Inc. will post -0.4 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several analysts have issued reports on REAL shares. UBS Group boosted their target price on RealReal from $8.00 to $10.50 and gave the company a “neutral” rating in a research note on Wednesday, October 15th. BTIG Research boosted their target price on RealReal from $9.00 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Weiss Ratings restated a “sell (d-)” rating on shares of RealReal in a research note on Wednesday, October 8th. Finally, B. Riley boosted their target price on RealReal from $9.00 to $12.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $12.20.
Read Our Latest Research Report on REAL
RealReal 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.
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