Gopal Ajay Madan Sells 30,196 Shares of RealReal (NASDAQ:REAL) Stock

The RealReal, Inc. (NASDAQ:REAL) CFO Gopal Ajay Madan sold 30,196 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $13.06, for a total value of $394,359.76. Following the transaction, the chief financial officer owned 1,184,612 shares of the company’s stock, valued at $15,471,032.72. This represents a 2.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

RealReal Stock Up 3.4%

NASDAQ REAL traded up $0.45 during trading hours on Friday, hitting $13.52. The company had a trading volume of 5,286,473 shares, compared to its average volume of 4,774,025. The firm has a market cap of $1.58 billion, a P/E ratio of -9.80 and a beta of 2.54. The RealReal, Inc. has a fifty-two week low of $4.45 and a fifty-two week high of $16.24. The business has a fifty day simple moving average of $11.51 and a 200-day simple moving average of $8.02.

RealReal (NASDAQ:REAL) last announced its quarterly earnings results on Monday, November 10th. The company reported ($0.49) earnings per share (EPS) for the quarter, missing the consensus estimate 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. Equities analysts forecast that The RealReal, Inc. will post -0.4 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. BTIG Research raised their target price on RealReal from $11.00 to $15.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th. B. Riley reissued a “buy” rating and issued a $14.00 price target (up previously from $12.00) on shares of RealReal in a research note on Tuesday, November 11th. Wall Street Zen raised RealReal from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of RealReal in a report on Wednesday, October 8th. Finally, UBS Group increased their target price on shares of RealReal from $10.50 to $14.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, RealReal currently has an average rating of “Moderate Buy” and an average target price of $14.63.

Institutional Trading of RealReal

A number of hedge funds and other institutional investors have recently modified their holdings of REAL. Comerica Bank lifted its holdings in shares of RealReal by 0.3% in the third quarter. Comerica Bank now owns 351,156 shares of the company’s stock valued at $3,733,000 after buying an additional 1,156 shares during the period. Rhumbline Advisers raised its position in RealReal by 1.3% in the first quarter. Rhumbline Advisers now owns 145,543 shares of the company’s stock worth $784,000 after acquiring an additional 1,800 shares in the last quarter. Game Plan Financial Advisors LLC lifted its holdings in RealReal by 52.8% in the 1st quarter. Game Plan Financial Advisors LLC now owns 5,500 shares of the company’s stock valued at $30,000 after acquiring an additional 1,900 shares during the last quarter. Arizona State Retirement System lifted its holdings in RealReal by 9.6% in the 3rd quarter. Arizona State Retirement System now owns 28,446 shares of the company’s stock valued at $302,000 after acquiring an additional 2,496 shares during the last quarter. Finally, Quarry LP bought a new position in shares of RealReal during the 3rd quarter valued at about $28,000. Institutional investors own 64.73% of the company’s stock.

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.