PDT Partners LLC Acquires New Position in 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 bought a new stake in The RealReal, Inc. (NASDAQ:REAL - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 68,279 shares of the company's stock, valued at approximately $368,000. PDT Partners LLC owned about 0.06% of RealReal as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Quarry LP increased its holdings in RealReal by 117.0% in the 1st quarter. Quarry LP now owns 6,238 shares of the company's stock valued at $34,000 after purchasing an additional 3,363 shares during the last quarter. AlphaQuest LLC acquired a new stake in RealReal in the 1st quarter valued at approximately $59,000. Teacher Retirement System of Texas acquired a new position in shares of RealReal in the first quarter worth $61,000. Hsbc Holdings PLC acquired a new position in shares of RealReal in the first quarter worth $63,000. Finally, Summit Securities Group LLC acquired a new position in shares of RealReal in the first quarter worth $69,000. Institutional investors and hedge funds own 64.73% of the company's stock.

RealReal Price Performance

Shares of NASDAQ:REAL traded up $0.44 on Wednesday, reaching $8.74. The company's stock had a trading volume of 1,380,916 shares, compared to its average volume of 3,387,090. The stock's 50-day moving average is $6.57 and its two-hundred day moving average is $5.95. The RealReal, Inc. has a 52-week low of $2.33 and a 52-week high of $11.38. The stock has a market capitalization of $1.01 billion, a P/E ratio of -8.27 and a beta of 2.50.

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

Analyst Upgrades and Downgrades

REAL has been the subject of several research reports. BTIG Research boosted their price target on shares of RealReal from $9.00 to $11.00 and gave the stock a "buy" rating in a research note on Wednesday. B. Riley reiterated a "buy" rating and set a $9.00 target price (up previously from $8.00) on shares of RealReal in a research note on Friday, August 8th. Finally, UBS Group boosted their price target on shares of RealReal from $7.00 to $8.00 and gave the company a "neutral" rating in a research report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, RealReal has a consensus rating of "Buy" and an average price target of $11.10.

Insider Buying and Selling

In related news, CEO Levesque Rati Sahi sold 260,171 shares of the firm's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $7.94, for a total value of $2,065,757.74. Following the completion of the sale, the chief executive officer owned 1,803,044 shares in the company, valued at $14,316,169.36. This trade represents a 12.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 9.00% of the stock is currently owned by insiders.

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.