VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in The RealReal, Inc. (NASDAQ:REAL – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 36,500 shares of the company’s stock, valued at approximately $175,000.
A number of other institutional investors also recently made changes to their positions in REAL. Game Plan Financial Advisors LLC raised its holdings in RealReal by 52.8% in the first quarter. Game Plan Financial Advisors LLC now owns 5,500 shares of the company’s stock valued at $30,000 after acquiring an additional 1,900 shares in the last quarter. Quarry LP raised its holdings in RealReal by 117.0% in the first quarter. Quarry LP now owns 6,238 shares of the company’s stock valued at $34,000 after acquiring an additional 3,363 shares in the last quarter. AlphaQuest LLC acquired a new stake in RealReal in the first quarter valued at $59,000. Farther Finance Advisors LLC acquired a new stake in RealReal in the second quarter valued at $60,000. Finally, Teacher Retirement System of Texas acquired a new stake in RealReal in the first quarter valued at $61,000. 64.73% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts recently issued reports on the stock. B. Riley upped their price target on shares of RealReal from $9.00 to $12.00 and gave the company a “buy” rating in a report on Monday, September 15th. BTIG Research upped their price target on shares of RealReal from $9.00 to $11.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. UBS Group upped their price target on RealReal from $8.00 to $10.50 and gave the company a “neutral” rating in a research report on Wednesday, October 15th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of RealReal in a research report on Saturday. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, RealReal currently has an average rating of “Moderate Buy” and a consensus price target of $12.20.
RealReal Trading Up 0.3%
REAL stock opened at $12.09 on Monday. The firm has a market cap of $1.39 billion, a P/E ratio of -11.41 and a beta of 2.56. The RealReal, Inc. has a 12-month low of $2.71 and a 12-month high of $12.47. The stock’s 50 day simple moving average is $9.65 and its 200 day simple moving average is $7.04.
RealReal (NASDAQ:REAL – Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.02. The firm had revenue of $165.19 million for the quarter, compared to analyst estimates of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts forecast that The RealReal, Inc. will post -0.4 EPS for the current fiscal year.
Insider Activity at RealReal
In other news, CEO Levesque Rati Sahi sold 260,171 shares of the company’s stock in a transaction dated Monday, August 18th. The shares were 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 owned 1,803,044 shares in the company, valued at approximately $14,316,169.36. This represents a 12.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 9.00% of the company’s stock.
About RealReal
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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