State of Wyoming Acquires New Shares in The RealReal, Inc. $REAL

Key Points

• The State of Wyoming has acquired a new stake in The RealReal, Inc. (NASDAQ:REAL), purchasing 35,371 shares valued at approximately $191,000.
• CEO Levesque Rati Sahi sold 260,171 shares on August 18th, resulting in a 12.61% decrease in their ownership position.
• Analysts have recently upgraded their ratings on REAL shares, with B. Riley setting a target price of $9.00, suggesting a positive outlook on the stock.

State of Wyoming purchased a new position in shares of The RealReal, Inc. (NASDAQ:REAL - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 35,371 shares of the company's stock, valued at approximately $191,000.

Other hedge funds have also added to or reduced their stakes in the company. AlphaQuest LLC bought a new stake in shares of RealReal in the first quarter valued at approximately $59,000. Teacher Retirement System of Texas bought a new stake in RealReal during the first quarter worth $61,000. Hsbc Holdings PLC bought a new stake in RealReal during the first quarter worth $63,000. Summit Securities Group LLC bought a new stake in RealReal during the first quarter worth $69,000. Finally, Fox Run Management L.L.C. bought a new stake in RealReal during the first quarter worth $72,000. 64.73% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Levesque Rati Sahi sold 260,171 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $7.94, for a total transaction of $2,065,757.74. Following the transaction, the chief executive officer owned 1,803,044 shares of the company's stock, valued at $14,316,169.36. This represents a 12.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 9.00% of the stock is owned by company insiders.

RealReal Stock Up 7.0%

RealReal stock traded up $0.58 during trading hours on Wednesday, reaching $8.88. 6,644,448 shares of the company's stock were exchanged, compared to its average volume of 3,462,200. The firm's 50 day simple moving average is $6.64 and its 200 day simple moving average is $5.97. The RealReal, Inc. has a twelve month low of $2.33 and a twelve month high of $11.38. The firm has a market capitalization of $1.02 billion, a PE ratio of -8.38 and a beta of 2.50.

RealReal (NASDAQ:REAL - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported ($0.13) earnings per share for the quarter, topping analysts' consensus estimates of ($0.15) by $0.02. The business had revenue of $165.19 million for the quarter, compared to analyst estimates of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts anticipate that The RealReal, Inc. will post -0.4 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on REAL shares. UBS Group upped their target price on RealReal from $7.00 to $8.00 and gave the stock a "neutral" rating in a research note on Friday, August 8th. B. Riley reiterated a "buy" rating and set a $9.00 price target (up from $8.00) on shares of RealReal in a report on Friday, August 8th. Finally, BTIG Research upped their price target on shares of RealReal from $9.00 to $11.00 and gave the stock a "buy" rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, RealReal currently has a consensus rating of "Buy" and a consensus target price of $11.10.

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.