Teacher Retirement System of Texas Has $171,000 Stock Holdings in The RealReal, Inc. $REAL

Teacher Retirement System of Texas lifted its holdings in shares of The RealReal, Inc. (NASDAQ:REAL) by 217.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 35,769 shares of the company’s stock after acquiring an additional 24,512 shares during the period. Teacher Retirement System of Texas’ holdings in RealReal were worth $171,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in REAL. Kanen Wealth Management LLC raised its position in RealReal by 26.2% in the second quarter. Kanen Wealth Management LLC now owns 4,708,623 shares of the company’s stock worth $22,554,000 after purchasing an additional 978,660 shares in the last quarter. Landscape Capital Management L.L.C. bought a new stake in shares of RealReal in the 1st quarter valued at approximately $4,958,000. Driehaus Capital Management LLC grew its stake in shares of RealReal by 90.8% in the 1st quarter. Driehaus Capital Management LLC now owns 1,810,651 shares of the company’s stock valued at $9,759,000 after purchasing an additional 861,902 shares during the period. AQR Capital Management LLC lifted its position in shares of RealReal by 589.2% during the 1st quarter. AQR Capital Management LLC now owns 887,997 shares of the company’s stock worth $4,786,000 after buying an additional 759,160 shares during the period. Finally, Capricorn Fund Managers Ltd lifted its position in shares of RealReal by 78.4% during the 2nd quarter. Capricorn Fund Managers Ltd now owns 1,607,370 shares of the company’s stock worth $7,699,000 after buying an additional 706,256 shares during the period. Institutional investors own 64.73% of the company’s stock.

RealReal Stock Down 4.6%

Shares of NASDAQ:REAL opened at $14.77 on Thursday. The RealReal, Inc. has a 12 month low of $3.83 and a 12 month high of $16.24. The company’s 50-day moving average price is $10.83 and its two-hundred day moving average price is $7.66. The firm has a market cap of $1.72 billion, a P/E ratio of -10.70 and a beta of 2.54.

RealReal (NASDAQ:REAL) last announced its earnings results 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 firm had revenue of $173.57 million for the quarter, compared to the consensus estimate of $169.01 million. RealReal has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, equities analysts predict that The RealReal, Inc. will post -0.4 earnings per share for the current fiscal year.

Insider Transactions at RealReal

In other RealReal news, CEO Levesque Rati Sahi sold 260,171 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $7.94, for a total value of $2,065,757.74. Following the transaction, the chief executive officer directly owned 1,803,044 shares in the company, valued at approximately $14,316,169.36. This trade represents a 12.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 9.00% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on REAL shares. B. Riley reiterated a “buy” rating and set a $14.00 price objective (up from $12.00) on shares of RealReal in a research note on Tuesday. Robert W. Baird increased their target price on shares of RealReal from $8.00 to $13.00 and gave the stock a “neutral” rating in a research report on Tuesday. Weiss Ratings restated a “sell (d-)” rating on shares of RealReal in a research report on Wednesday, October 8th. UBS Group upped their price objective on shares of RealReal from $10.50 to $14.00 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, KeyCorp upgraded shares of RealReal from a “sector weight” rating to an “overweight” rating and set a $16.00 target price for the company in a research note on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $14.63.

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.