The RealReal, Inc. (NASDAQ:REAL - Get Rating) President Levesque Rati Sahi sold 14,054 shares of the business's stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $1.38, for a total transaction of $19,394.52. Following the completion of the sale, the president now owns 642,838 shares in the company, valued at approximately $887,116.44. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
Levesque Rati Sahi also recently made the following trade(s):
- On Sunday, November 20th, Levesque Rati Sahi sold 11,787 shares of RealReal stock. The shares were sold at an average price of $1.47, for a total value of $17,326.89.
- On Monday, October 24th, Levesque Rati Sahi sold 1,636 shares of RealReal stock. The shares were sold at an average price of $1.32, for a total value of $2,159.52.
RealReal Stock Up 0.4 %
NASDAQ REAL traded up $0.01 on Wednesday, reaching $1.41. The company had a trading volume of 23,456 shares, compared to its average volume of 3,945,560. The stock has a market capitalization of $137.79 million, a P/E ratio of -0.63 and a beta of 2.29. The company's fifty day moving average is $1.56 and its 200 day moving average is $2.35. The RealReal, Inc. has a 52-week low of $1.15 and a 52-week high of $16.37.
Institutional Investors Weigh In On RealReal
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in RealReal by 3.0% in the 1st quarter. Vanguard Group Inc. now owns 7,442,925 shares of the company's stock valued at $54,035,000 after buying an additional 217,186 shares during the last quarter. State Street Corp increased its position in shares of RealReal by 59.9% during the 3rd quarter. State Street Corp now owns 3,297,001 shares of the company's stock valued at $4,946,000 after purchasing an additional 1,235,638 shares during the last quarter. Builders Union LLP purchased a new stake in shares of RealReal during the 3rd quarter valued at $4,164,000. ProShare Advisors LLC increased its position in shares of RealReal by 51.9% during the 2nd quarter. ProShare Advisors LLC now owns 2,160,057 shares of the company's stock valued at $5,378,000 after purchasing an additional 737,695 shares during the last quarter. Finally, Point72 Asset Management L.P. increased its position in shares of RealReal by 46.1% during the 3rd quarter. Point72 Asset Management L.P. now owns 1,073,600 shares of the company's stock valued at $1,610,000 after purchasing an additional 339,000 shares during the last quarter. 84.00% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several analysts have weighed in on REAL shares. Wedbush dropped their price objective on RealReal from $10.00 to $5.00 in a report on Wednesday, August 10th. Robert W. Baird lowered their price target on RealReal from $6.00 to $3.75 in a research note on Wednesday, November 9th. Bank of America cut RealReal from a "buy" rating to an "underperform" rating and lowered their price target for the company from $7.00 to $2.75 in a research note on Wednesday, August 10th. Needham & Company LLC lowered their price objective on shares of RealReal from $10.00 to $6.00 and set a "buy" rating on the stock in a report on Wednesday, August 10th. Finally, Cowen downgraded shares of RealReal from an "outperform" rating to a "market perform" rating and lowered their price objective for the company from $14.00 to $3.00 in a report on Friday, August 12th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, RealReal presently has an average rating of "Hold" and an average target price of $5.68.
The RealReal, Inc operates an online marketplace for consigned luxury goods in the United State. It offers various product categories, including women's, men's, kids', jewelry and watches, and home and art products. The company was incorporated in 2011 and is headquartered in San Francisco, California.
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