RealReal (NASDAQ:REAL) Insider Todd Suko Sells 31,611 Shares of Stock

The RealReal, Inc. (NASDAQ:REAL) insider Todd Suko sold 31,611 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $13.06, for a total transaction of $412,839.66. Following the completion of the transaction, the insider directly owned 679,443 shares of the company’s stock, valued at approximately $8,873,525.58. This represents a 4.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

RealReal Stock Up 3.4%

Shares of REAL traded up $0.45 during trading hours on Friday, reaching $13.52. 5,286,473 shares of the company traded hands, compared to its average volume of 4,774,025. The business has a fifty day moving average price of $11.51 and a 200-day moving average price of $8.02. The RealReal, Inc. has a 12-month low of $4.45 and a 12-month high of $16.24. The stock has a market capitalization of $1.58 billion, a P/E ratio of -9.80 and a beta of 2.54.

RealReal (NASDAQ:REAL) last issued its quarterly earnings results on Monday, November 10th. The company reported ($0.49) EPS for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.35). The business had revenue of $173.57 million during 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, research analysts predict that The RealReal, Inc. will post -0.4 EPS for the current fiscal year.

Hedge Funds Weigh In On RealReal

Several large investors have recently made changes to their positions in REAL. Quarry LP purchased a new stake in RealReal during the third quarter worth $28,000. Larson Financial Group LLC purchased a new position in RealReal in the third quarter valued at $31,000. Game Plan Financial Advisors LLC raised its position in shares of RealReal by 52.8% in the first quarter. Game Plan Financial Advisors LLC now owns 5,500 shares of the company’s stock worth $30,000 after acquiring an additional 1,900 shares during the period. State of Alaska Department of Revenue purchased a new stake in shares of RealReal during the 3rd quarter worth about $59,000. Finally, EHP Funds Inc. purchased a new stake in shares of RealReal during the 3rd quarter worth about $107,000. 64.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Wall Street Zen upgraded shares of RealReal from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Roth Capital set a $17.50 target price on shares of RealReal and gave the stock a “buy” rating in a report on Wednesday, October 29th. BTIG Research boosted their target price on shares of RealReal from $11.00 to $15.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th. Robert W. Baird upped their price target on shares of RealReal from $8.00 to $13.00 and gave the company a “neutral” rating in a report on Tuesday, November 11th. Finally, B. Riley reiterated a “buy” rating and set a $14.00 price objective (up previously from $12.00) on shares of RealReal in a research note on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, RealReal has an average rating of “Moderate Buy” and a consensus price target 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.