RealReal (NASDAQ:REAL) Trading Down 5.7% - Here's Why

Key Points

• RealReal's stock price fell by 5.7% to $10.36, with trading volumes significantly below average, indicating a decline in investor interest.
• Analysts have mixed ratings on RealReal, with a current average rating of "Moderate Buy" and an average target price of $11.70.
• CEO Levesque Rati Sahi recently sold over 260,000 shares of the company's stock, reflecting a 12.61% decrease in personal ownership.

The RealReal, Inc. (NASDAQ:REAL - Get Free Report) dropped 5.7% on Monday . The company traded as low as $10.44 and last traded at $10.36. Approximately 1,290,496 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 3,470,292 shares. The stock had previously closed at $10.99.

Analyst Upgrades and Downgrades

REAL has been the subject of several analyst reports. UBS Group boosted their target price on shares of RealReal from $7.00 to $8.00 and gave the company a "neutral" rating in a research note on Friday, August 8th. Weiss Ratings reissued a "sell (d-)" rating on shares of RealReal in a research report on Saturday, September 27th. BTIG Research raised their target price on shares of RealReal from $9.00 to $11.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Finally, B. Riley boosted their price target on RealReal from $9.00 to $12.00 and gave the company a "buy" rating in a report on Monday, September 15th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $11.70.

RealReal Stock Performance

The firm has a fifty day simple moving average of $8.37 and a 200-day simple moving average of $6.52. The company has a market capitalization of $1.17 billion, a PE ratio of -9.61 and a beta of 2.56.

RealReal (NASDAQ:REAL - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported ($0.13) earnings per share for the quarter, topping analysts' consensus estimates of ($0.15) by $0.02. The company had revenue of $165.19 million for the quarter, compared to analyst estimates of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts anticipate that The RealReal, Inc. will post -0.4 EPS for the current fiscal 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 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 sale, the chief executive officer owned 1,803,044 shares in the company, valued at $14,316,169.36. This represents a 12.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 9.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On RealReal

Large investors have recently added to or reduced their stakes in the company. Rhumbline Advisers raised its holdings in shares of RealReal by 1.3% during the first quarter. Rhumbline Advisers now owns 145,543 shares of the company's stock worth $784,000 after purchasing an additional 1,800 shares during the period. Game Plan Financial Advisors LLC raised its stake in RealReal by 52.8% during the first quarter. Game Plan Financial Advisors LLC now owns 5,500 shares of the company's stock worth $30,000 after acquiring an additional 1,900 shares during the period. Quarry LP lifted its holdings in RealReal by 117.0% in the first quarter. Quarry LP now owns 6,238 shares of the company's stock worth $34,000 after acquiring an additional 3,363 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in RealReal by 6.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,437 shares of the company's stock valued at $326,000 after acquiring an additional 3,500 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in RealReal by 1.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 290,048 shares of the company's stock valued at $1,563,000 after acquiring an additional 5,172 shares during the period. 64.73% of the stock is currently owned by 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.