RealReal (NASDAQ:REAL) Trading Up 5% - Here's What Happened

Key Points

• RealReal's shares rose by 5% to $8.03, despite a significant drop in trading volume, indicating potential investor interest amidst low activity.
• Analysts have revised their price targets for RealReal, with B. Riley upgrading their target to $9.00 and UBS Group raising it to $8.00, while the consensus target price stands at $11.13.
• CEO Levesque Rati Sahi sold over 260,000 shares of RealReal stock, representing a 12.61% decrease in ownership, amidst ongoing changes among institutional investors in the company's shareholding.

The RealReal, Inc. (NASDAQ:REAL - Get Free Report) shares traded up 5% during trading on Wednesday . The stock traded as high as $7.95 and last traded at $8.03. 162,381 shares changed hands during trading, a decline of 95% from the average session volume of 3,363,706 shares. The stock had previously closed at $7.65.

Analyst Ratings Changes

Several research analysts recently commented on the company. B. Riley reissued a "buy" rating and issued a $9.00 price objective (up from $8.00) on shares of RealReal in a research note on Friday, August 8th. UBS Group increased their target price on shares of RealReal from $7.00 to $8.00 and gave the company a "neutral" rating in a research report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $11.13.

RealReal Trading Down 0.1%

The company has a market capitalization of $999.10 million, a PE ratio of -8.18 and a beta of 2.50. The company has a fifty day simple moving average of $6.43 and a 200-day simple moving average of $5.93.

RealReal (NASDAQ:REAL - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.02. The firm 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. On average, equities analysts predict that The RealReal, Inc. will post -0.4 EPS for the current fiscal year.

Insider Buying and Selling at RealReal

In other news, CEO Levesque Rati Sahi sold 260,171 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief executive officer owned 1,803,044 shares of the company's stock, valued at $14,316,169.36. This represents a 12.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 9.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in REAL. Kestra Private Wealth Services LLC raised its position in RealReal by 86.1% in the first quarter. Kestra Private Wealth Services LLC now owns 35,353 shares of the company's stock valued at $191,000 after purchasing an additional 16,353 shares during the period. Jump Financial LLC increased its position in shares of RealReal by 129.4% during the 1st quarter. Jump Financial LLC now owns 460,200 shares of the company's stock worth $2,480,000 after purchasing an additional 259,600 shares during the last quarter. Vanguard Group Inc. raised its holdings in RealReal by 3.9% in the 1st quarter. Vanguard Group Inc. now owns 5,097,765 shares of the company's stock valued at $27,477,000 after buying an additional 192,633 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in RealReal in the first quarter valued at about $127,000. Finally, Algert Global LLC boosted its stake in RealReal by 182.2% during the first quarter. Algert Global LLC now owns 529,770 shares of the company's stock worth $2,855,000 after buying an additional 342,030 shares during the period. 64.73% of the stock is currently owned by institutional investors and hedge funds.

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.