PDT Partners LLC acquired a new stake in shares of The RealReal, Inc. (NASDAQ:REAL – Free Report) in the second quarter, HoldingsChannel.com reports. The fund acquired 133,473 shares of the company’s stock, valued at approximately $1,574,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. BlackRock Inc. purchased a new position in RealReal during the second quarter valued at $134,510,000. Arrowstreet Capital Limited Partnership increased its position in RealReal by 58.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 4,049,042 shares of the company’s stock worth $36,765,000 after buying an additional 1,489,939 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of RealReal by 117.9% in the first quarter. Renaissance Technologies LLC now owns 1,646,200 shares of the company’s stock worth $14,947,000 after buying an additional 890,700 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 valued at $4,786,000 after buying an additional 759,160 shares in the last quarter. Finally, Landscape Capital Management L.L.C. purchased a new position in shares of RealReal during the 2nd quarter valued at about $7,937,000. 64.73% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on REAL. Robert W. Baird set a $13.00 target price on shares of RealReal in a report on Friday, May 8th. UBS Group lifted their price target on shares of RealReal from $14.00 to $16.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Weiss Ratings reiterated a “sell (d-)” rating on shares of RealReal in a research report on Friday, July 17th. Roth Capital reissued a “buy” rating and issued a $19.00 price objective on shares of RealReal in a research note on Friday, August 7th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $17.00 target price on shares of RealReal in a report on Wednesday, June 3rd. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, RealReal presently has an average rating of “Moderate Buy” and an average target price of $17.75.
Key Stories Impacting RealReal
Here are the key news stories impacting RealReal this week:
- Positive Sentiment: Vintage demand has surged 432%, according to The RealReal, as U.S. shoppers increasingly turn to resale for luxury products. The trend could expand marketplace activity, consignor supply, and transaction revenue. The RealReal says vintage demand has surged 432%
- Positive Sentiment: The company says resale is becoming a first choice for shoppers rather than simply a lower-cost alternative. The findings are based on 15 years of proprietary data covering more than 50 million items sold and 44 million members, strengthening The RealReal’s position in the luxury resale market. The RealReal’s 2026 Resale Report
- Positive Sentiment: Chanel reportedly leads resale demand, with interest helped by designer Matthieu Blazy, while emerging designers and newly popular “it bags” are gaining momentum. Broader brand participation could improve inventory variety and attract additional buyers and consignors. Designer Matthieu Blazy Has Helped Make Chanel the Most Popular Brand
- Neutral Sentiment: Short-interest data reported for August shows zero shares and a zero-day days-to-cover ratio, but the accompanying “NaN” change indicates a likely data-quality issue. It provides no reliable signal about investor positioning.
- Negative Sentiment: Chief Accounting Officer Steve Ming Lo sold 12,559 shares at an average price of $10.97, reducing his position by 6.63%. While he retained a substantial stake, insider selling can create near-term caution, particularly for a high-beta, still-unprofitable company. Steve Ming Lo Sells RealReal Shares
RealReal Price Performance
Shares of REAL opened at $10.93 on Thursday. The firm has a market cap of $1.33 billion, a P/E ratio of -9.76 and a beta of 2.69. The RealReal, Inc. has a 1 year low of $7.30 and a 1 year high of $17.39. The company has a 50 day simple moving average of $11.65 and a two-hundred day simple moving average of $10.88.
RealReal (NASDAQ:REAL – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.02) by $0.01. The company had revenue of $192.57 million during the quarter, compared to analysts’ expectations of $188.11 million. RealReal’s revenue was up 16.6% compared to the same quarter last year. On average, sell-side analysts anticipate that The RealReal, Inc. will post -0.13 earnings per share for the current year.
Insider Buying and Selling
In other RealReal news, CFO Gopal Ajay Madan sold 36,418 shares of the stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $10.98, for a total transaction of $399,869.64. Following the completion of the transaction, the chief financial officer owned 1,108,860 shares of the company’s stock, valued at $12,175,282.80. This represents a 3.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Luke Thomas Friang sold 22,028 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $10.98, for a total value of $241,867.44. Following the transaction, the insider owned 508,648 shares of the company’s stock, valued at approximately $5,584,955.04. The trade was a 4.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 173,004 shares of company stock worth $1,899,283 in the last 90 days. 2.66% of the stock is owned by company insiders.
RealReal Company Profile
The RealReal, Inc (NASDAQ: REAL) operates an online marketplace specializing in the authenticated resale of luxury goods. Since its founding in 2011 by entrepreneur Julie Wainwright, the company has positioned itself as a leading platform for consignors and shoppers seeking designer fashion, fine jewelry, watches, art, and home décor. Headquartered in San Francisco, The RealReal combines e-commerce technology with an in-house team of experts to offer a seamless buying and selling experience for secondhand luxury items.
At the core of The RealReal’s business model is its consignment service, which enables individuals to sell pre-owned luxury products through a fully managed process.
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