Algert Global LLC Grows Stock Holdings in The RealReal, Inc. $REAL

Key Points

• Algert Global LLC significantly increased its holdings in The RealReal, Inc. by 182.2%, acquiring 342,030 additional shares to total 529,770 shares worth approximately $2.85 million.
• The company reported earnings per share of ($0.13) for the last quarter, beating analyst expectations and achieving revenue of $165.19 million, which was above the consensus estimate.
• A number of institutional investors bought shares of RealReal in the first quarter, with 64.73% of the stock now owned by such investors, indicating strong institutional interest in the company.

Algert Global LLC lifted its position in shares of The RealReal, Inc. (NASDAQ:REAL - Free Report) by 182.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 529,770 shares of the company's stock after acquiring an additional 342,030 shares during the quarter. Algert Global LLC owned 0.47% of RealReal worth $2,855,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of REAL. Voloridge Investment Management LLC purchased a new stake in shares of RealReal during the 4th quarter worth about $17,138,000. Driehaus Capital Management LLC purchased a new stake in shares of RealReal during the 4th quarter worth about $10,370,000. Invesco Ltd. boosted its stake in shares of RealReal by 413.4% during the 4th quarter. Invesco Ltd. now owns 1,053,911 shares of the company's stock worth $11,519,000 after acquiring an additional 848,640 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of RealReal during the 1st quarter worth about $3,659,000. Finally, Nuveen LLC purchased a new stake in shares of RealReal during the 1st quarter worth about $3,331,000. 64.73% of the stock is owned by hedge funds and other institutional investors.

RealReal Stock Performance

Shares of NASDAQ REAL traded down $0.2460 during midday trading on Monday, reaching $7.3640. 1,540,013 shares of the stock were exchanged, compared to its average volume of 3,376,869. The company has a 50 day simple moving average of $5.86 and a 200 day simple moving average of $5.93. The stock has a market capitalization of $848.63 million, a P/E ratio of -6.94 and a beta of 2.48. The RealReal, Inc. has a twelve month low of $2.24 and a twelve month high of $11.38.

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

Insider Buying and Selling at RealReal

In related news, CEO Levesque Rati Sahi sold 260,171 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $7.94, for a total transaction of $2,065,757.74. Following the completion of the transaction, the chief executive officer 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 9.00% of the company's stock.

Analyst Ratings Changes

Several research firms have recently issued reports on REAL. B. Riley reissued a "buy" rating and set a $9.00 target price (up from $8.00) on shares of RealReal in a research note on Friday, August 8th. UBS Group raised their price target on shares of RealReal from $7.00 to $8.00 and gave the company a "neutral" rating in a research note on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $11.13.

RealReal 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.