Driehaus Capital Management LLC Buys 861,902 Shares of The RealReal, Inc. $REAL

Key Points

• Driehaus Capital Management LLC increased its stake in The RealReal, Inc. by 90.8%, owning 1,810,651 shares worth approximately $9.76 million as of the latest SEC filing.
• The RealReal reported a revenue of $165.19 million for the last quarter, exceeding analyst expectations of $159.17 million, and the company announced a Q3 2025 earnings per share guidance.
• Multiple institutional investors have recently acquired stakes in The RealReal, with hedge funds now holding 64.73% of the company's stock, indicating increased institutional interest.

Driehaus Capital Management LLC lifted its position in shares of The RealReal, Inc. (NASDAQ:REAL - Free Report) by 90.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,810,651 shares of the company's stock after buying an additional 861,902 shares during the quarter. Driehaus Capital Management LLC owned about 1.60% of RealReal worth $9,759,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Quarry LP increased its position in shares of RealReal by 120.1% during the fourth quarter. Quarry LP now owns 2,875 shares of the company's stock worth $31,000 after buying an additional 1,569 shares during the period. AlphaQuest LLC acquired a new stake in shares of RealReal during the first quarter worth $59,000. Teacher Retirement System of Texas acquired a new stake in shares of RealReal during the first quarter worth $61,000. Hsbc Holdings PLC bought a new position in RealReal during the first quarter worth $63,000. Finally, PharVision Advisers LLC bought a new position in RealReal during the fourth quarter worth $133,000. 64.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at RealReal

In other news, CEO Levesque Rati Sahi sold 260,171 shares of the firm'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 transaction, the chief executive officer directly owned 1,803,044 shares in the company, valued at approximately $14,316,169.36. This trade represents a 12.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 9.00% of the company's stock.

Analyst Ratings Changes

Several research analysts recently issued reports on REAL shares. 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 increased their target price on shares of RealReal from $7.00 to $8.00 and gave the stock a "neutral" rating in a research note on Friday, August 8th. One 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. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $11.13.

RealReal Price Performance

Shares of REAL traded up $0.63 during trading hours on Wednesday, hitting $8.28. The company's stock had a trading volume of 4,625,107 shares, compared to its average volume of 3,391,270. The company has a market cap of $954.19 million, a price-to-earnings ratio of -7.81 and a beta of 2.50. The business has a 50 day simple moving average of $6.21 and a two-hundred day simple moving average of $5.92. The RealReal, Inc. has a 52-week low of $2.24 and a 52-week high of $11.38.

RealReal (NASDAQ:REAL - Get Free Report) last released 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 the consensus estimate of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts predict that The RealReal, Inc. will post -0.4 earnings per share for the current year.

About RealReal

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.