RealReal (NASDAQ:REAL) Sets New 12-Month High - Here's What Happened

Key Points

• The RealReal's share price hit a new 52-week high of $11.67, closing at $11.60 with a trading volume of 638,425 shares.
• Analysts have mixed ratings on RealReal, with four issuing a "Buy" rating, one a "Hold," and one a "Sell," leading to an average rating of "Moderate Buy" and a target price of $11.70.
• The company's CEO sold over 260,000 shares in August, reducing their ownership by 12.61%, while institutional investors control 64.73% of the stock.

The RealReal, Inc. (NASDAQ:REAL - Get Free Report)'s share price reached a new 52-week high on Friday . The stock traded as high as $11.67 and last traded at $11.60, with a volume of 638425 shares changing hands. The stock had previously closed at $11.17.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Weiss Ratings restated a "sell (d-)" rating on shares of RealReal in a research report on Saturday, September 27th. UBS Group raised their price objective on RealReal from $7.00 to $8.00 and gave the company a "neutral" rating in a report on Friday, August 8th. BTIG Research raised their price objective on RealReal from $9.00 to $11.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Finally, B. Riley lifted their price target on shares of RealReal from $9.00 to $12.00 and gave the stock a "buy" rating in a research note on Monday, September 15th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $11.70.

RealReal Trading Down 1.6%

The company has a market cap of $1.27 billion, a PE ratio of -10.37 and a beta of 2.56. The business has a fifty day moving average of $8.18 and a 200-day moving average of $6.45.

RealReal (NASDAQ:REAL - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $165.19 million for the quarter, compared to analysts' expectations of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts predict that The RealReal, Inc. will post -0.4 EPS for the current year.

Insiders Place Their Bets

In other RealReal news, CEO Levesque Rati Sahi sold 260,171 shares of the company's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $7.94, for a total value of $2,065,757.74. Following the sale, the chief executive officer owned 1,803,044 shares in the company, valued at approximately $14,316,169.36. This represents a 12.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 9.00% of the company's stock.

Institutional Trading of RealReal

Several institutional investors have recently bought and sold shares of REAL. Game Plan Financial Advisors LLC grew its position in RealReal by 52.8% during 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 during the last quarter. Quarry LP grew its holdings in shares of RealReal by 117.0% during 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 during the last quarter. AlphaQuest LLC purchased a new stake in RealReal during the 1st quarter valued at $59,000. Farther Finance Advisors LLC purchased a new stake in RealReal during the 2nd quarter valued at $60,000. Finally, Teacher Retirement System of Texas purchased a new stake in RealReal during the 1st quarter valued at $61,000. 64.73% of the stock is owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.