American Century Companies Inc. Makes New Investment in The RealReal, Inc. $REAL

Key Points

• American Century Companies Inc. invested approximately $277,000 to acquire 51,414 shares of The RealReal, Inc. during the first quarter, signaling a new position in the company.
• Several institutional investors have increased their stakes in RealReal, with notable additions from Kestra Private Wealth Services LLC and Vanguard Group Inc..
• Despite the company reporting an earnings per share of ($0.13), it beat analysts' expectations and generated revenue of $165.19 million for the quarter.

American Century Companies Inc. acquired a new stake in shares of The RealReal, Inc. (NASDAQ:REAL - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 51,414 shares of the company's stock, valued at approximately $277,000.

A number of other large investors have also added to or reduced their stakes in REAL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of RealReal by 6.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,937 shares of the company's stock worth $622,000 after purchasing an additional 3,236 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of RealReal by 1.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 290,048 shares of the company's stock worth $1,563,000 after purchasing an additional 5,172 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of RealReal by 8.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 101,035 shares of the company's stock worth $1,105,000 after purchasing an additional 7,645 shares during the last quarter. Jag Capital Management LLC raised its stake in shares of RealReal by 72.5% in the first quarter. Jag Capital Management LLC now owns 19,884 shares of the company's stock worth $107,000 after purchasing an additional 8,357 shares during the last quarter. Finally, ProShare Advisors LLC raised its stake in shares of RealReal by 52.5% in the fourth quarter. ProShare Advisors LLC now owns 28,197 shares of the company's stock worth $308,000 after purchasing an additional 9,704 shares during the last quarter. Hedge funds and other institutional investors own 64.73% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on REAL. UBS Group boosted their price target on RealReal from $7.00 to $8.00 and gave the stock a "neutral" rating in a research note on Friday, August 8th. B. Riley restated a "buy" rating and issued a $9.00 price target (up previously from $8.00) on shares of RealReal in a research note on Friday, August 8th. Finally, BTIG Research boosted their price target on RealReal from $9.00 to $11.00 and gave the stock a "buy" rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $11.10.

RealReal Stock Up 5.9%

REAL traded up $0.52 during midday trading on Thursday, reaching $9.40. The company had a trading volume of 6,570,665 shares, compared to its average volume of 3,582,253. The business has a 50-day moving average of $6.72 and a two-hundred day moving average of $5.99. The company has a market cap of $1.08 billion, a P/E ratio of -8.87 and a beta of 2.50. The RealReal, Inc. has a 1 year low of $2.35 and a 1 year 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 research analysts predict that The RealReal, Inc. will post -0.4 EPS for the current year.

Insider Activity

In related news, CEO Levesque Rati Sahi sold 260,171 shares of the business's stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer directly owned 1,803,044 shares in the company, valued at approximately $14,316,169.36. The trade was a 12.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 9.00% of the company's stock.

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.