Fuller & Thaler Asset Management Inc. Has $1.27 Million Stake in The RealReal, Inc. (NASDAQ:REAL)

Fuller & Thaler Asset Management Inc. lowered its stake in shares of The RealReal, Inc. (NASDAQ:REAL) by 16.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,916 shares of the company’s stock after selling 22,660 shares during the quarter. Fuller & Thaler Asset Management Inc.’s holdings in RealReal were worth $1,267,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in REAL. State Street Corp lifted its position in shares of RealReal by 22.3% during the 3rd quarter. State Street Corp now owns 1,701,387 shares of the company’s stock valued at $5,342,000 after acquiring an additional 310,116 shares during the period. Trexquant Investment LP acquired a new stake in RealReal during the fourth quarter worth about $3,262,000. Barclays PLC increased its holdings in RealReal by 306.7% in the 3rd quarter. Barclays PLC now owns 136,262 shares of the company’s stock valued at $428,000 after buying an additional 102,759 shares during the period. JPMorgan Chase & Co. raised its position in shares of RealReal by 15.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 738,619 shares of the company’s stock valued at $2,319,000 after buying an additional 97,700 shares in the last quarter. Finally, Aigen Investment Management LP lifted its holdings in shares of RealReal by 513.5% during the 4th quarter. Aigen Investment Management LP now owns 93,550 shares of the company’s stock worth $1,023,000 after acquiring an additional 78,301 shares during the period. Institutional investors own 64.73% of the company’s stock.

Insider Buying and Selling

In other news, insider Luke Thomas Friang sold 18,503 shares of the business’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $6.90, for a total transaction of $127,670.70. Following the sale, the insider now directly owns 556,557 shares in the company, valued at approximately $3,840,243.30. The trade was a 3.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Gopal Ajay Madan sold 102,386 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $6.90, for a total transaction of $706,463.40. Following the completion of the transaction, the chief financial officer now owns 1,327,198 shares of the company’s stock, valued at approximately $9,157,666.20. This trade represents a 7.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 258,283 shares of company stock worth $1,782,153 in the last 90 days. Insiders own 9.78% of the company’s stock.

Wall Street Analyst Weigh In

Separately, UBS Group decreased their price objective on shares of RealReal from $10.00 to $9.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 26th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $8.33.

RealReal Trading Up 2.1 %

REAL opened at $6.23 on Friday. The company has a market cap of $704.58 million, a P/E ratio of -4.83 and a beta of 2.90. The company’s 50 day moving average is $5.83 and its 200-day moving average is $6.50. The RealReal, Inc. has a 1-year low of $2.24 and a 1-year high of $11.38.

RealReal (NASDAQ:REAL) last issued its earnings results on Thursday, February 20th. The company reported ($0.62) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.52). The business had revenue of $164.00 million for the quarter, compared to analysts’ expectations of $162.69 million. On average, equities analysts forecast 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.