Invesco Ltd. Sells 882,494 Shares of The RealReal, Inc. $REAL

Key Points

• Invesco Ltd. significantly reduced its stake in The RealReal, Inc. by 83.7%, selling 882,494 shares and now holding only 171,417 shares valued at approximately $924,000.
• The RealReal recently reported quarterly earnings, beating estimates with a revenue of $165.19 million and an EPS of ($0.13), which was better than the expected ($0.15).
• Analyst ratings for RealReal are predominantly positive, with an average rating of "Buy" and a consensus price target of $11.13.

Invesco Ltd. cut its stake in shares of The RealReal, Inc. (NASDAQ:REAL - Free Report) by 83.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 171,417 shares of the company's stock after selling 882,494 shares during the quarter. Invesco Ltd. owned approximately 0.15% of RealReal worth $924,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Teacher Retirement System of Texas acquired a new position in RealReal during the 1st quarter worth about $61,000. GAMMA Investing LLC lifted its holdings in RealReal by 6,203.2% during the 1st quarter. GAMMA Investing LLC now owns 13,804 shares of the company's stock worth $74,000 after buying an additional 13,585 shares during the period. KLP Kapitalforvaltning AS acquired a new position in RealReal during the 1st quarter worth about $86,000. Jag Capital Management LLC lifted its holdings in RealReal by 72.5% during the 1st quarter. Jag Capital Management LLC now owns 19,884 shares of the company's stock worth $107,000 after buying an additional 8,357 shares during the period. Finally, Cerity Partners LLC acquired a new position in RealReal during the 1st quarter worth about $117,000. 64.73% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Levesque Rati Sahi sold 260,171 shares of the business's stock in a transaction dated Monday, August 18th. The stock was 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 of the company's stock, valued at $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 is available at the SEC website. 9.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on REAL shares. UBS Group lifted their target price on RealReal from $7.00 to $8.00 and gave the stock a "neutral" rating in a report on Friday, August 8th. B. Riley reissued a "buy" rating and issued a $9.00 price objective (up from $8.00) on shares of RealReal in a research note on Friday, August 8th. One 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. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $11.13.

RealReal Trading Down 0.1%

RealReal stock traded down $0.01 during midday trading on Friday, reaching $8.67. The stock had a trading volume of 2,974,545 shares, compared to its average volume of 3,860,678. The RealReal, Inc. has a 12 month low of $2.24 and a 12 month high of $11.38. The company has a market capitalization of $999.13 million, a P/E ratio of -8.18 and a beta of 2.50. The company has a fifty day moving average price of $6.43 and a two-hundred day moving average price of $5.92.

RealReal (NASDAQ:REAL - Get Free Report) last issued its earnings results 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. On average, equities research analysts predict that The RealReal, Inc. will post -0.4 earnings per share for the current fiscal year.

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.