The RealReal, Inc. (NASDAQ:REAL) President Levesque Rati Sahi Sells 45,867 Shares

The RealReal, Inc. (NASDAQ:REAL) President Levesque Rati Sahi sold 45,867 shares of the business’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $4.25, for a total transaction of $194,934.75. Following the completion of the sale, the president now owns 1,266,852 shares of the company’s stock, valued at $5,384,121. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Levesque Rati Sahi also recently made the following trade(s):

• On Thursday, March 14th, Levesque Rati Sahi sold 30,000 shares of RealReal stock. The stock was sold at an average price of $3.22, for a total transaction of $96,600.00.

RealReal Price Performance

Shares of RealReal stock opened at $3.93 on Friday. The company’s fifty day simple moving average is $3.71 and its two-hundred day simple moving average is $2.71. The RealReal, Inc. has a 12-month low of $1.26 and a 12-month high of $4.64.

RealReal (NASDAQ:REAL) last released its earnings results on Thursday, February 29th. The company reported ($0.15) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.04. The business had revenue of $143.37 million during the quarter, compared to analysts’ expectations of $142.80 million. On average, equities analysts expect that The RealReal, Inc. will post -0.8 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on REAL shares. Wells Fargo & Company lifted their target price on shares of RealReal from $2.00 to $4.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 8th. UBS Group lifted their target price on shares of RealReal from $2.30 to $3.70 and gave the stock a “neutral” rating in a research note on Friday, April 12th. Wedbush lifted their target price on shares of RealReal from $3.00 to $4.50 and gave the stock an “outperform” rating in a research note on Wednesday, May 8th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $6.00 target price on shares of RealReal in a research note on Wednesday, May 8th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $3.76.

Institutional Trading of RealReal

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Findell Capital Management LLC purchased a new stake in shares of RealReal in the 4th quarter worth about $13,681,000. Vanguard Group Inc. grew its position in shares of RealReal by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 4,101,935 shares of the company’s stock worth $16,039,000 after buying an additional 18,352 shares during the period. Manatuck Hill Partners LLC grew its position in shares of RealReal by 5.8% in the 3rd quarter. Manatuck Hill Partners LLC now owns 3,650,000 shares of the company’s stock worth $7,702,000 after buying an additional 200,000 shares during the period. Capricorn Fund Managers Ltd grew its position in shares of RealReal by 15.0% in the 4th quarter. Capricorn Fund Managers Ltd now owns 1,150,000 shares of the company’s stock worth $2,312,000 after buying an additional 150,000 shares during the period. Finally, Fuller & Thaler Asset Management Inc. purchased a new stake in shares of RealReal in the 3rd quarter worth about $1,930,000. 64.73% of the stock is owned by hedge funds and other institutional investors.

RealReal Company 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.