AWM Investment Company Inc. increased its holdings in shares of The RealReal, Inc. (NASDAQ:REAL - Free Report) by 40.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,373,847 shares of the company's stock after buying an additional 394,748 shares during the quarter. RealReal comprises approximately 1.8% of AWM Investment Company Inc.'s portfolio, making the stock its 22nd biggest holding. AWM Investment Company Inc. owned approximately 1.25% of RealReal worth $15,016,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in REAL. Quarry LP boosted its holdings in RealReal by 120.1% in the fourth quarter. Quarry LP now owns 2,875 shares of the company's stock valued at $31,000 after acquiring an additional 1,569 shares during the last quarter. R Squared Ltd acquired a new stake in shares of RealReal during the fourth quarter worth $49,000. Harvest Fund Management Co. Ltd acquired a new position in RealReal in the fourth quarter valued at approximately $94,000. Jag Capital Management LLC bought a new position in shares of RealReal during the fourth quarter worth about $126,000. Finally, PharVision Advisers LLC bought a new stake in RealReal during the 4th quarter valued at $133,000. 64.73% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, UBS Group raised their price objective 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 assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $8.40.
View Our Latest Research Report on RealReal
RealReal Stock Down 0.6%
RealReal stock traded down $0.03 during midday trading on Monday, hitting $5.21. The company's stock had a trading volume of 2,203,725 shares, compared to its average volume of 2,828,123. The RealReal, Inc. has a 12 month low of $2.24 and a 12 month high of $11.38. The stock's 50-day moving average price is $5.69 and its 200-day moving average price is $6.91. The company has a market capitalization of $589.22 million, a PE ratio of -4.04 and a beta of 2.61.
RealReal (NASDAQ:REAL - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.01). The company had revenue of $160.03 million for the quarter, compared to analyst estimates of $159.98 million. As a group, equities analysts anticipate that The RealReal, Inc. will post -0.4 EPS for the current year.
About RealReal
(
Free Report)
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.
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