Connective Capital Management LLC Makes New $604,000 Investment in 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 bought a new position in shares of The RealReal, Inc. (NASDAQ:REAL - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 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 holding. Connective Capital Management LLC owned about 0.10% of RealReal at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Jump Financial LLC raised its position in shares of RealReal by 129.4% in the first quarter. Jump Financial LLC now owns 460,200 shares of the company's stock valued at $2,480,000 after buying an additional 259,600 shares during the last quarter. AlphaQuest LLC acquired a new position in shares of RealReal in the first quarter valued at approximately $59,000. Hsbc Holdings PLC acquired a new position in shares of RealReal in the first quarter valued at approximately $63,000. Versor Investments LP raised its position in shares of RealReal by 189.1% in the first quarter. Versor Investments LP now owns 183,000 shares of the company's stock valued at $986,000 after buying an additional 119,700 shares during the last quarter. Finally, Summit Securities Group LLC acquired a new position in shares of RealReal in the first quarter valued at approximately $69,000. Institutional investors and hedge funds own 64.73% of the company's stock.

RealReal Stock Performance

RealReal stock traded down $0.17 during trading on Friday, reaching $7.63. The company had a trading volume of 3,230,944 shares, compared to its average volume of 4,706,643. The RealReal, Inc. has a 12-month low of $2.24 and a 12-month high of $11.38. The stock's 50 day moving average price is $6.10 and its two-hundred day moving average price is $5.93. The firm has a market capitalization of $879.28 million, a price-to-earnings ratio of -7.20 and a beta of 2.48.

RealReal (NASDAQ:REAL - Get Free Report) last released its earnings results 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 during the quarter, compared to analysts' expectations of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts expect that The RealReal, Inc. will post -0.4 earnings per share for the current year.

Insider Transactions at RealReal

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 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 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 9.00% of the company's stock.

Wall Street Analyst Weigh In

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

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.