XTX Topco Ltd Acquires 89,219 Shares of The RealReal, Inc. (NASDAQ:REAL)

Key Points

• XTX Topco Ltd increased its holdings in The RealReal, Inc. by 133.6%, acquiring an additional 89,219 shares, bringing its total to 155,988 shares worth approximately $841,000.
• Several institutional investors, including Capricorn Fund Managers Ltd and Royce & Associates LP, also boosted their stakes in The RealReal, indicating growing investor interest in the company.
• The RealReal's stock saw a significant price range in the past year, with a low of $2.24 and a high of $11.38, and analysts currently project a negative earnings per share for the fiscal year.

XTX Topco Ltd raised its stake in The RealReal, Inc. (NASDAQ:REAL - Free Report) by 133.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 155,988 shares of the company's stock after acquiring an additional 89,219 shares during the quarter. XTX Topco Ltd owned approximately 0.14% of RealReal worth $841,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in REAL. Capricorn Fund Managers Ltd lifted its stake in shares of RealReal by 12.6% in the 1st quarter. Capricorn Fund Managers Ltd now owns 901,114 shares of the company's stock valued at $4,857,000 after acquiring an additional 101,114 shares during the last quarter. GSA Capital Partners LLP raised its position in RealReal by 41.6% in the first quarter. GSA Capital Partners LLP now owns 330,897 shares of the company's stock valued at $1,784,000 after purchasing an additional 97,154 shares during the last quarter. Mackenzie Financial Corp acquired a new stake in shares of RealReal during the first quarter valued at about $332,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of RealReal during the first quarter worth about $359,000. Finally, Royce & Associates LP grew its holdings in shares of RealReal by 80.0% during the first quarter. Royce & Associates LP now owns 337,500 shares of the company's stock worth $1,819,000 after purchasing an additional 150,000 shares during the last quarter. Institutional investors own 64.73% of the company's stock.

RealReal Price Performance

RealReal stock opened at $5.24 on Monday. The stock's 50 day moving average is $5.40 and its 200 day moving average is $6.16. The RealReal, Inc. has a one year low of $2.24 and a one year high of $11.38. The firm has a market cap of $592.61 million, a P/E ratio of -4.64 and a beta of 2.48.

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. 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 report on Friday, May 9th. B. Riley assumed coverage on shares of RealReal in a research note on Thursday, July 17th. They set a "buy" rating and a $8.00 price target for the company. Two analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, RealReal presently has an average rating of "Buy" and an average price target of $8.33.

RealReal 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.

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