Connective Capital Management LLC Purchases Shares of 112,017 The RealReal, Inc. $REAL

Key Points

• Connective Capital Management LLC has acquired a new stake in The RealReal, Inc., purchasing 112,017 shares valued at approximately $604,000, making it the firm's 27th largest position.
• Several hedge funds, including Quarry LP and AlphaQuest LLC, have also increased their stakes in RealReal, with institutional investors collectively owning 64.73% of the company's stock.
• The RealReal reported a quarterly EPS of ($0.13), exceeding analyst expectations, and has received a positive outlook from several research analysts, with an average target price of $11.13.

Connective Capital Management LLC purchased a new stake in shares of The RealReal, Inc. (NASDAQ:REAL - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 112,017 shares of the company's stock, valued at approximately $604,000. RealReal comprises 0.6% of Connective Capital Management LLC's portfolio, making the stock its 27th largest position. Connective Capital Management LLC owned approximately 0.10% of RealReal as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in REAL. Quarry LP boosted its stake in shares of RealReal by 120.1% in the fourth quarter. Quarry LP now owns 2,875 shares of the company's stock valued at $31,000 after purchasing an additional 1,569 shares during the period. AlphaQuest LLC purchased a new position in shares of RealReal in the first quarter valued at approximately $59,000. Teacher Retirement System of Texas purchased a new position in shares of RealReal in the first quarter valued at approximately $61,000. Hsbc Holdings PLC purchased a new position in shares of RealReal in the first quarter valued at approximately $63,000. Finally, Summit Securities Group LLC purchased a new position in shares of RealReal in the first quarter valued at approximately $69,000. Hedge funds and other institutional investors own 64.73% of the company's stock.

RealReal Trading Down 0.1%

REAL stock opened at $7.61 on Monday. The RealReal, Inc. has a twelve month low of $2.24 and a twelve month high of $11.38. The company's 50 day moving average is $5.86 and its two-hundred day moving average is $5.93. The stock has a market cap of $876.98 million, a P/E ratio of -7.18 and a beta of 2.48.

RealReal (NASDAQ:REAL - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported ($0.13) earnings per share for the quarter, topping analysts' consensus estimates of ($0.15) by $0.02. The company 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, equities research analysts predict that The RealReal, Inc. will post -0.4 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently commented on REAL shares. UBS Group raised their price objective 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. B. Riley reiterated 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. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, RealReal presently has an average rating of "Buy" and a consensus target price of $11.13.

Insider Activity at RealReal

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

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.

Want to see what other hedge funds are holding REAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The RealReal, Inc. (NASDAQ:REAL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.