Luke Thomas Friang Sells 22,028 Shares of RealReal (NASDAQ:REAL) Stock

The RealReal, Inc. (NASDAQ:REAL) insider Luke Thomas Friang sold 22,028 shares of RealReal stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $10.98, for a total transaction of $241,867.44. Following the sale, the insider directly owned 508,648 shares of the company’s stock, valued at $5,584,955.04. This represents a 4.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

RealReal Stock Down 1.3%

Shares of NASDAQ:REAL opened at $11.12 on Wednesday. The RealReal, Inc. has a 52-week low of $7.21 and a 52-week high of $17.39. The stock has a market cap of $1.35 billion, a P/E ratio of -9.93 and a beta of 2.69. The business’s 50 day moving average is $11.66 and its 200 day moving average is $10.89.

RealReal (NASDAQ:REAL) last issued its earnings results on Thursday, August 6th. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. The firm had revenue of $192.57 million for the quarter, compared to the consensus estimate of $188.11 million. The firm’s revenue was up 16.6% on a year-over-year basis. On average, sell-side analysts anticipate that The RealReal, Inc. will post -0.13 EPS for the current fiscal year.

More RealReal News

Here are the key news stories impacting RealReal this week:

• Positive Sentiment: The RealReal’s 2026 Resale Report highlights growing consumer adoption of secondhand luxury, suggesting resale is becoming a first-choice shopping channel. The report draws on 15 years of data covering more than 50 million items sold and 44 million members, reinforcing the company’s marketplace scale and industry expertise. The RealReal’s 2026 Resale Report
• Positive Sentiment: The company said demand for vintage products surged 432%, a potentially favorable signal for merchandise supply, buyer engagement and transaction growth. Resale shoppers are also identifying upcoming “it bags,” while Chanel has reportedly become the most popular brand on the platform. Vintage demand surge report Next it bags according to resale shoppers Chanel popularity on The RealReal
• Neutral Sentiment: A reported August short-interest figure of zero shares and a 0.0-day days-to-cover ratio appears inconsistent with the company’s trading activity and is likely incomplete or erroneous. It does not provide a reliable signal about short-seller positioning.
• Negative Sentiment: Several insiders sold shares on August 21 at approximately $10.97 to $10.98, including the CEO, CFO, chief accounting officer and another insider. The combined sales were worth roughly $1.90 million and reduced the sellers’ individual holdings by about 2.9% to 6.6%, creating a near-term overhang and potentially signaling limited insider conviction. RealReal insider sales

Analyst Ratings Changes

REAL has been the subject of a number of research reports. Roth Capital reaffirmed a “buy” rating and issued a $19.00 price objective on shares of RealReal in a research note on Friday, August 7th. Robert W. Baird set a $13.00 price target on shares of RealReal in a report on Friday, May 8th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of RealReal in a research report on Friday, July 17th. UBS Group increased their price objective on shares of RealReal from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Finally, BTIG Research reissued a “buy” rating and issued a $17.00 price objective on shares of RealReal in a research note on Wednesday, June 3rd. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $17.75.

Hedge Funds Weigh In On RealReal

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in RealReal in the second quarter worth about $134,510,000. Vanguard Group Inc. boosted its holdings in shares of RealReal by 6.9% in the 4th quarter. Vanguard Group Inc. now owns 6,336,596 shares of the company’s stock valued at $99,991,000 after buying an additional 406,789 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of RealReal by 58.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,049,042 shares of the company’s stock valued at $36,765,000 after buying an additional 1,489,939 shares in the last quarter. State Street Corp grew its position in shares of RealReal by 4.2% in the 4th quarter. State Street Corp now owns 2,746,238 shares of the company’s stock worth $43,336,000 after buying an additional 111,677 shares during the last quarter. Finally, Two Sigma Investments LP raised its stake in shares of RealReal by 6.6% during the 3rd quarter. Two Sigma Investments LP now owns 2,628,770 shares of the company’s stock worth $27,944,000 after acquiring an additional 162,804 shares in the last quarter. Hedge funds and other institutional investors own 64.73% of the company’s stock.

About RealReal

The RealReal, Inc (NASDAQ: REAL) operates an online marketplace specializing in the authenticated resale of luxury goods. Since its founding in 2011 by entrepreneur Julie Wainwright, the company has positioned itself as a leading platform for consignors and shoppers seeking designer fashion, fine jewelry, watches, art, and home décor. Headquartered in San Francisco, The RealReal combines e-commerce technology with an in-house team of experts to offer a seamless buying and selling experience for secondhand luxury items.

At the core of The RealReal’s business model is its consignment service, which enables individuals to sell pre-owned luxury products through a fully managed process.