The RealReal, Inc. (NASDAQ:REAL) Holdings Raised by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its position in The RealReal, Inc. (NASDAQ:REAL - Free Report) by 45.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 399,668 shares of the company's stock after acquiring an additional 125,478 shares during the quarter. BNP Paribas Financial Markets owned 0.36% of RealReal worth $4,368,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in REAL. Vanguard Group Inc. boosted its position in RealReal by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 4,905,132 shares of the company's stock valued at $53,613,000 after purchasing an additional 121,626 shares during the period. Geode Capital Management LLC boosted its position in RealReal by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 2,327,782 shares of the company's stock valued at $25,447,000 after purchasing an additional 33,927 shares during the period. Norges Bank acquired a new position in RealReal during the 4th quarter valued at approximately $11,989,000. Quinn Opportunity Partners LLC boosted its position in RealReal by 233.3% during the 4th quarter. Quinn Opportunity Partners LLC now owns 1,066,057 shares of the company's stock valued at $11,652,000 after purchasing an additional 746,172 shares during the period. Finally, Invesco Ltd. boosted its position in RealReal by 413.4% during the 4th quarter. Invesco Ltd. now owns 1,053,911 shares of the company's stock valued at $11,519,000 after purchasing an additional 848,640 shares during the period. Institutional investors and hedge funds own 64.73% of the company's stock.

Insider Transactions at RealReal

In other news, CEO Levesque Rati Sahi sold 113,917 shares of the business's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $6.90, for a total value of $786,027.30. Following the sale, the chief executive officer now owns 2,307,199 shares of the company's stock, valued at approximately $15,919,673.10. The trade was a 4.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Steve Ming Lo sold 23,477 shares of the business's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $6.90, for a total value of $161,991.30. Following the completion of the sale, the chief accounting officer now directly owns 330,117 shares in the company, valued at $2,277,807.30. This represents a 6.64% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 258,283 shares of company stock valued at $1,782,153. Corporate insiders own 9.78% of the company's stock.

RealReal Stock Down 0.9%

RealReal stock traded down $0.05 during mid-day trading on Monday, hitting $5.43. 2,116,194 shares of the company's stock traded hands, compared to its average volume of 2,807,695. The firm has a 50 day moving average price of $5.72 and a 200 day moving average price of $6.87. The company has a market cap of $614.10 million, a PE ratio of -4.21 and a beta of 2.61. The RealReal, Inc. has a one year low of $2.24 and a one year high of $11.38.

RealReal (NASDAQ:REAL - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.01). The business had revenue of $160.03 million during the quarter, compared to analysts' expectations of $159.98 million. On average, analysts expect that The RealReal, Inc. will post -0.4 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, UBS Group boosted their price objective on RealReal from $6.00 to $7.00 and gave the company a "neutral" rating in a research report on Friday, May 9th. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, RealReal has a consensus rating of "Moderate Buy" and a consensus target price of $8.40.

RealReal Profile

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.