Woodson Capital Management LP Sells 2,050,000 Shares of The RealReal, Inc. (NASDAQ:REAL)

Woodson Capital Management LP cut its position in The RealReal, Inc. (NASDAQ:REAL - Free Report) by 38.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,350,000 shares of the company's stock after selling 2,050,000 shares during the quarter. RealReal accounts for 6.0% of Woodson Capital Management LP's holdings, making the stock its 3rd largest holding. Woodson Capital Management LP owned approximately 3.05% of RealReal worth $36,616,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Quarry LP grew its stake in shares of 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 buying an additional 1,569 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of RealReal by 6.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,937 shares of the company's stock valued at $622,000 after buying an additional 3,236 shares in the last quarter. R Squared Ltd acquired a new stake in shares of RealReal in the fourth quarter valued at $49,000. Price T Rowe Associates Inc. MD grew its stake in RealReal by 8.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 101,035 shares of the company's stock worth $1,105,000 after purchasing an additional 7,645 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new position in RealReal during the 4th quarter worth $94,000. 64.73% of the stock is owned by institutional investors and hedge funds.

RealReal Trading Down 0.6%

REAL traded down $0.03 on Friday, hitting $5.21. 2,203,725 shares of the company were exchanged, compared to its average volume of 2,828,123. The RealReal, Inc. has a twelve month low of $2.24 and a twelve month high of $11.38. The company has a market cap of $589.22 million, a price-to-earnings ratio of -4.04 and a beta of 2.61. The firm has a 50-day moving average price of $5.69 and a two-hundred day moving average price of $6.89.

RealReal (NASDAQ:REAL - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.01). The firm had revenue of $160.03 million during the quarter, compared to analyst estimates of $159.98 million. Equities analysts expect that The RealReal, Inc. will post -0.4 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, UBS Group boosted their target price on RealReal from $6.00 to $7.00 and gave the stock a "neutral" rating in a research note on Friday, May 9th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, RealReal presently has a consensus rating of "Moderate Buy" and a consensus target price of $8.40.

About RealReal

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.