Shares of The RealReal, Inc. (NASDAQ:REAL - Get Free Report) hit a new 52-week high on Monday . The company traded as high as $11.91 and last traded at $11.50, with a volume of 952389 shares trading hands. The stock had previously closed at $10.26.
Wall Street Analyst Weigh In
A number of analysts recently commented on REAL shares. BTIG Research lifted their target price on shares of RealReal from $9.00 to $11.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. B. Riley boosted their price objective on RealReal from $9.00 to $12.00 and gave the company a "buy" rating in a research report on Monday, September 15th. UBS Group lifted their price target on RealReal from $8.00 to $10.50 and gave the stock a "neutral" rating in a research note on Wednesday, October 15th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of RealReal in a research note on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $12.20.
Get Our Latest Stock Analysis on REAL
RealReal Trading Up 14.3%
The firm has a market cap of $1.35 billion, a PE ratio of -11.06 and a beta of 2.56. The business has a fifty day moving average price of $9.21 and a 200 day moving average price of $6.80.
RealReal (NASDAQ:REAL - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.15) by $0.02. The firm had revenue of $165.19 million during the quarter, compared to analyst estimates of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts expect that The RealReal, Inc. will post -0.4 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other RealReal news, CEO Levesque Rati Sahi sold 260,171 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $7.94, for a total transaction of $2,065,757.74. Following the completion of the sale, the chief executive officer directly owned 1,803,044 shares of the company's stock, valued at approximately $14,316,169.36. This trade represents a 12.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 9.00% of the company's stock.
Hedge Funds Weigh In On RealReal
Large investors have recently modified their holdings of the business. Game Plan Financial Advisors LLC increased its stake in RealReal by 52.8% in the 1st quarter. Game Plan Financial Advisors LLC now owns 5,500 shares of the company's stock valued at $30,000 after purchasing an additional 1,900 shares in the last quarter. Quarry LP grew its stake in shares of RealReal by 117.0% in the first quarter. Quarry LP now owns 6,238 shares of the company's stock valued at $34,000 after buying an additional 3,363 shares in the last quarter. AlphaQuest LLC acquired a new stake in shares of RealReal in the first quarter valued at about $59,000. Farther Finance Advisors LLC acquired a new stake in shares of RealReal in the second quarter valued at about $60,000. Finally, Teacher Retirement System of Texas acquired a new stake in shares of RealReal in the first quarter valued at about $61,000. 64.73% of the stock is owned by hedge funds and other institutional investors.
About RealReal
(
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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.
Further Reading
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