AWM Investment Company Inc. Has $6.87 Million Stock Position in The RealReal, Inc. $REAL

AWM Investment Company Inc. increased its holdings in The RealReal, Inc. (NASDAQ:REAL) by 3.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,433,847 shares of the company’s stock after acquiring an additional 45,000 shares during the period. AWM Investment Company Inc. owned about 1.24% of RealReal worth $6,868,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. PDT Partners LLC boosted its stake in RealReal by 179.9% during the 2nd quarter. PDT Partners LLC now owns 191,088 shares of the company’s stock valued at $915,000 after purchasing an additional 122,809 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of RealReal by 1.9% in the second quarter. Raymond James Financial Inc. now owns 283,850 shares of the company’s stock valued at $1,360,000 after purchasing an additional 5,373 shares in the last quarter. Maverick Capital Ltd. bought a new position in shares of RealReal in the second quarter valued at approximately $2,220,000. Think Investments LP purchased a new position in shares of RealReal during the second quarter valued at approximately $4,299,000. Finally, Squarepoint Ops LLC grew its holdings in RealReal by 10.1% during the second quarter. Squarepoint Ops LLC now owns 1,927,599 shares of the company’s stock worth $9,233,000 after buying an additional 176,412 shares in the last quarter. Institutional investors own 64.73% of the company’s stock.

Wall Street Analyst Weigh In

REAL has been the subject of several analyst reports. Roth Capital set a $17.50 target price on shares of RealReal and gave the company a “buy” rating in a report on Wednesday, October 29th. Wall Street Zen upgraded RealReal from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. UBS Group boosted their price objective on RealReal from $10.50 to $14.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 11th. B. Riley raised their target price on RealReal from $14.00 to $17.00 and gave the company a “buy” rating in a research report on Friday. Finally, Robert W. Baird raised their price objective on shares of RealReal from $8.00 to $13.00 and gave the stock a “neutral” rating in a report on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $15.00.

Insider Buying and Selling

In other RealReal news, CEO Levesque Rati Sahi sold 97,036 shares of the firm’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $13.06, for a total value of $1,267,290.16. Following the completion of the transaction, the chief executive officer directly owned 1,604,178 shares of the company’s stock, valued at $20,950,564.68. This trade represents a 5.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Todd A. Suko sold 75,693 shares of the business’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $14.08, for a total transaction of $1,065,757.44. Following the transaction, the insider owned 711,054 shares of the company’s stock, valued at $10,011,640.32. This trade represents a 9.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 15,823,249 shares of company stock valued at $209,258,341 in the last three months. Insiders own 9.00% of the company’s stock.

RealReal Stock Up 0.6%

NASDAQ REAL opened at $14.34 on Friday. The company’s 50 day moving average is $12.62 and its 200-day moving average is $8.91. The RealReal, Inc. has a 12-month low of $4.61 and a 12-month high of $16.24. The firm has a market cap of $1.67 billion, a P/E ratio of -10.39 and a beta of 2.68.

RealReal (NASDAQ:REAL) last issued its quarterly earnings data on Monday, November 10th. The company reported ($0.49) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.35). The company had revenue of $173.57 million during the quarter, compared to analyst estimates of $169.01 million. Equities analysts expect that The RealReal, Inc. will post -0.4 EPS for the current year.

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.