Gotham Asset Management LLC Invests $816,000 in The RealReal, Inc. (NASDAQ:REAL)

Gotham Asset Management LLC acquired a new stake in The RealReal, Inc. (NASDAQ:REAL - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 74,698 shares of the company's stock, valued at approximately $816,000. Gotham Asset Management LLC owned 0.07% of RealReal as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the business. Trexquant Investment LP purchased a new position in RealReal in the fourth quarter valued at $3,262,000. JPMorgan Chase & Co. boosted its position in shares of RealReal by 15.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 738,619 shares of the company's stock worth $2,319,000 after acquiring an additional 97,700 shares in the last quarter. Aigen Investment Management LP increased its holdings in shares of RealReal by 513.5% in the 4th quarter. Aigen Investment Management LP now owns 93,550 shares of the company's stock valued at $1,023,000 after acquiring an additional 78,301 shares during the last quarter. O Shaughnessy Asset Management LLC acquired a new stake in shares of RealReal during the 4th quarter worth about $156,000. Finally, G2 Investment Partners Management LLC acquired a new stake in shares of RealReal during the 4th quarter worth about $2,709,000. 64.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, UBS Group increased their price target on shares of RealReal from $6.00 to $7.00 and gave the company a "neutral" rating in a research note on Friday, May 9th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $8.40.

Insider Buying and Selling at RealReal

In other RealReal news, insider Luke Thomas Friang sold 18,503 shares of the business's stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $6.90, for a total value of $127,670.70. Following the sale, the insider now owns 556,557 shares of the company's stock, valued at $3,840,243.30. The trade was a 3.22% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Steve Ming Lo sold 23,477 shares of the stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $6.90, for a total transaction of $161,991.30. Following the completion of the transaction, the chief accounting officer now directly owns 330,117 shares of the company's stock, valued at $2,277,807.30. This trade represents a 6.64% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 258,283 shares of company stock worth $1,782,153 over the last 90 days. Insiders own 9.78% of the company's stock.

RealReal Price Performance

Shares of REAL traded down $0.28 during mid-day trading on Wednesday, reaching $5.03. 4,132,260 shares of the company's stock were exchanged, compared to its average volume of 2,816,574. The business's fifty day simple moving average is $5.72 and its 200-day simple moving average is $6.85. The stock has a market capitalization of $568.86 million, a PE ratio of -3.90 and a beta of 2.61. 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 issued its quarterly earnings results on Thursday, May 8th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.01). The business had revenue of $160.03 million during the quarter, compared to analysts' expectations of $159.98 million. Equities research analysts predict that The RealReal, Inc. will post -0.4 earnings per share for the current year.

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.