Aquatic Capital Management LLC Has $241,000 Stock Position in The RealReal, Inc. (NASDAQ:REAL)

Aquatic Capital Management LLC reduced its position in shares of The RealReal, Inc. (NASDAQ:REAL - Free Report) by 83.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,033 shares of the company's stock after selling 110,467 shares during the period. Aquatic Capital Management LLC's holdings in RealReal were worth $241,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new stake in shares of RealReal during the fourth quarter worth $49,000. Harvest Fund Management Co. Ltd acquired a new stake in RealReal during the fourth quarter worth about $94,000. Jag Capital Management LLC bought a new position in RealReal in the fourth quarter worth about $126,000. Olympiad Research LP acquired a new position in RealReal in the fourth quarter valued at approximately $136,000. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of RealReal during the fourth quarter valued at approximately $153,000. 64.73% of the stock is currently owned by institutional investors.

Insider Transactions at RealReal

In other news, CAO Steve Ming Lo sold 23,477 shares of RealReal stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $6.90, for a total value of $161,991.30. Following the transaction, the chief accounting officer now directly owns 330,117 shares of the company's stock, valued at $2,277,807.30. This trade represents a 6.64 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Gopal Ajay Madan sold 102,386 shares of the business'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 sale, the chief financial officer now owns 1,327,198 shares in the company, valued at $9,157,666.20. This 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 valued at $1,782,153 over the last three months. Company insiders own 9.78% of the company's stock.

RealReal Trading Down 33.2 %

REAL traded down $2.42 on Friday, reaching $4.87. The company had a trading volume of 9,813,263 shares, compared to its average volume of 2,745,794. The company has a market capitalization of $550.77 million, a P/E ratio of -3.78 and a beta of 2.61. The company has a fifty day moving average of $5.73 and a 200-day moving average of $6.69. The RealReal, Inc. has a one year low of $2.24 and a one year high of $11.38.

RealReal (NASDAQ:REAL - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.01). The business had revenue of $160.03 million for the quarter, compared to analysts' expectations of $159.98 million. Research analysts predict that The RealReal, Inc. will post -0.4 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, UBS Group cut their price target on RealReal from $10.00 to $9.00 and set a "neutral" rating on the stock in a report on Wednesday, February 26th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $8.80.

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.