PDT Partners LLC Acquires Shares of 68,279 The RealReal, Inc. $REAL

Key Points

• PDT Partners LLC acquired a new stake in The RealReal, Inc., purchasing 68,279 shares valued at approximately $368,000, representing about 0.06% of the company.
• The RealReal reported earnings per share of ($0.13) for the last quarter, surpassing analysts' expectations of ($0.15), with revenues reaching $165.19 million.
• Multiple institutional investors, including Voloridge Investment Management and Driehaus Capital Management, have made significant investments in The RealReal, increasing the total institutional ownership to 64.73%.

PDT Partners LLC acquired a new stake in shares of The RealReal, Inc. (NASDAQ:REAL - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 68,279 shares of the company's stock, valued at approximately $368,000. PDT Partners LLC owned approximately 0.06% of RealReal as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in REAL. Price T Rowe Associates Inc. MD raised its position in shares of RealReal by 8.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 101,035 shares of the company's stock valued at $1,105,000 after buying an additional 7,645 shares in the last quarter. Northern Trust Corp raised its position in shares of RealReal by 5.0% during the 4th quarter. Northern Trust Corp now owns 825,849 shares of the company's stock valued at $9,027,000 after buying an additional 39,097 shares in the last quarter. Algert Global LLC purchased a new stake in shares of RealReal during the 4th quarter valued at $2,052,000. Ameriprise Financial Inc. purchased a new stake in shares of RealReal during the 4th quarter valued at $190,000. Finally, BNP Paribas Financial Markets raised its position in shares of RealReal by 45.8% during the 4th quarter. BNP Paribas Financial Markets now owns 399,668 shares of the company's stock valued at $4,368,000 after buying an additional 125,478 shares in the last quarter. Hedge funds and other institutional investors own 64.73% of the company's stock.

Insider Activity

In other news, CEO Levesque Rati Sahi sold 260,171 shares of the firm's stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $7.94, for a total transaction of $2,065,757.74. Following the transaction, the chief executive officer directly owned 1,803,044 shares of the company's stock, valued at approximately $14,316,169.36. This trade represents a 12.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 9.00% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on REAL shares. B. Riley restated a "buy" rating and set a $9.00 price objective (up previously from $8.00) on shares of RealReal in a research report on Friday, August 8th. UBS Group boosted their price target on shares of RealReal from $7.00 to $8.00 and gave the stock a "neutral" rating in a research note on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $11.13.

RealReal Stock Down 0.1%

Shares of NASDAQ:REAL traded down $0.01 on Friday, reaching $8.67. 2,974,545 shares of the company traded hands, compared to its average volume of 3,860,678. The business's 50-day simple moving average is $6.43 and its 200 day simple moving average is $5.93. The RealReal, Inc. has a 52 week low of $2.24 and a 52 week high of $11.38.

RealReal (NASDAQ:REAL - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.15) by $0.02. The company had revenue of $165.19 million for the quarter, compared to the consensus estimate of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts anticipate that The RealReal, Inc. will post -0.4 earnings per share for the current year.

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.