PDT Partners LLC Invests $1.57 Million in The RealReal, Inc. $REAL

Key Points

• PDT Partners purchased 133,473 shares of The RealReal worth approximately $1.57 million, while institutional investors collectively own 64.73% of the company.
• The RealReal reported quarterly revenue of $192.57 million, up 16.6% year over year, and an adjusted loss of $0.01 per share that beat analyst estimates. Analysts hold a “Moderate Buy” consensus with an average price target of $17.75, compared with shares recently trading near $10.93.
• Insiders have sold 173,004 shares worth about $1.9 million over the past 90 days, adding caution around the still-unprofitable, high-beta stock despite growing demand for luxury resale.

PDT Partners LLC purchased a new stake in shares of The RealReal, Inc. (NASDAQ:REAL - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 133,473 shares of the company's stock, valued at approximately $1,574,000. PDT Partners LLC owned approximately 0.11% of RealReal at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of REAL. AQR Capital Management LLC grew its position in RealReal by 589.2% during the 1st quarter. AQR Capital Management LLC now owns 887,997 shares of the company's stock valued at $4,786,000 after purchasing an additional 759,160 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in RealReal by 6.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,437 shares of the company's stock worth $326,000 after buying an additional 3,500 shares during the last quarter. Millennium Management LLC lifted its stake in shares of RealReal by 1.9% in the first quarter. Millennium Management LLC now owns 883,690 shares of the company's stock worth $4,763,000 after buying an additional 16,136 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of RealReal by 14.1% during the second quarter. Legal & General Group Plc now owns 81,292 shares of the company's stock valued at $389,000 after buying an additional 10,052 shares during the last quarter. Finally, Amundi purchased a new stake in shares of RealReal during the second quarter valued at approximately $197,000. Hedge funds and other institutional investors own 64.73% of the company's stock.

RealReal Stock Down 1.7%

Shares of RealReal stock opened at $10.93 on Thursday. The RealReal, Inc. has a twelve month low of $7.30 and a twelve month high of $17.39. The company's 50 day moving average is $11.65 and its 200 day moving average is $10.88. The company has a market cap of $1.33 billion, a price-to-earnings ratio of -9.76 and a beta of 2.69.

RealReal (NASDAQ:REAL - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported ($0.01) EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.01. The company had revenue of $192.57 million during the quarter, compared to the consensus estimate of $188.11 million. The firm's revenue was up 16.6% on a year-over-year basis. Sell-side analysts expect that The RealReal, Inc. will post -0.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

REAL has been the subject of a number of recent analyst reports. BTIG Research restated a "buy" rating and issued a $17.00 price objective on shares of RealReal in a report on Wednesday, June 3rd. Roth Capital reiterated a "buy" rating and set a $19.00 target price on shares of RealReal in a research note on Friday, August 7th. Weiss Ratings reissued a "sell (d-)" rating on shares of RealReal in a report on Friday, July 17th. Robert W. Baird set a $13.00 price target on RealReal in a research note on Friday, May 8th. Finally, UBS Group increased their price objective on RealReal from $14.00 to $16.00 and gave the company a "neutral" rating in a research report on Friday, August 7th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $17.75.

Key Headlines Impacting RealReal

Here are the key news stories impacting RealReal this week:

• Positive Sentiment: Vintage demand has surged 432%, according to The RealReal, as U.S. shoppers increasingly turn to resale for luxury products. The trend could expand marketplace activity, consignor supply, and transaction revenue. The RealReal says vintage demand has surged 432%
• Positive Sentiment: The company says resale is becoming a first choice for shoppers rather than simply a lower-cost alternative. The findings are based on 15 years of proprietary data covering more than 50 million items sold and 44 million members, strengthening The RealReal’s position in the luxury resale market. The RealReal's 2026 Resale Report
• Positive Sentiment: Chanel reportedly leads resale demand, with interest helped by designer Matthieu Blazy, while emerging designers and newly popular “it bags” are gaining momentum. Broader brand participation could improve inventory variety and attract additional buyers and consignors. Designer Matthieu Blazy Has Helped Make Chanel the Most Popular Brand
• Neutral Sentiment: Short-interest data reported for August shows zero shares and a zero-day days-to-cover ratio, but the accompanying “NaN” change indicates a likely data-quality issue. It provides no reliable signal about investor positioning.
• Negative Sentiment: Chief Accounting Officer Steve Ming Lo sold 12,559 shares at an average price of $10.97, reducing his position by 6.63%. While he retained a substantial stake, insider selling can create near-term caution, particularly for a high-beta, still-unprofitable company. Steve Ming Lo Sells RealReal Shares

Insider Buying and Selling

In related news, insider Luke Thomas Friang sold 22,028 shares of the company's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $10.98, for a total transaction of $241,867.44. Following the completion of the sale, the insider owned 508,648 shares in the company, valued at approximately $5,584,955.04. This represents a 4.15% 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. Also, insider Todd A. Suko sold 17,567 shares of the stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $10.97, for a total value of $192,709.99. Following the completion of the transaction, the insider directly owned 587,897 shares in the company, valued at approximately $6,449,230.09. This represents a 2.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 173,004 shares of company stock valued at $1,899,283 over the last ninety days. 2.66% of the stock is owned by insiders.

About RealReal

The RealReal, Inc NASDAQ: REAL operates an online marketplace specializing in the authenticated resale of luxury goods. Since its founding in 2011 by entrepreneur Julie Wainwright, the company has positioned itself as a leading platform for consignors and shoppers seeking designer fashion, fine jewelry, watches, art, and home décor. Headquartered in San Francisco, The RealReal combines e-commerce technology with an in-house team of experts to offer a seamless buying and selling experience for secondhand luxury items.

At the core of The RealReal's business model is its consignment service, which enables individuals to sell pre-owned luxury products through a fully managed process.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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