Insider Selling: The RealReal, Inc. (NASDAQ:REAL) Insider Sells $152,600.50 in Stock

The RealReal, Inc. (NASDAQ:REAL) insider Todd A. Suko sold 35,906 shares of the firm’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $4.25, for a total value of $152,600.50. Following the completion of the transaction, the insider now directly owns 852,654 shares in the company, valued at $3,623,779.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

RealReal Trading Down 3.4 %

REAL opened at $3.93 on Friday. The RealReal, Inc. has a 12 month low of $1.26 and a 12 month high of $4.64. The stock has a 50-day moving average of $3.71 and a 200 day moving average of $2.71.

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Findell Capital Management LLC purchased a new position in shares of RealReal during the fourth quarter valued at approximately $13,681,000. Vanguard Group Inc. boosted its position in shares of RealReal by 0.4% during the first quarter. Vanguard Group Inc. now owns 4,101,935 shares of the company’s stock valued at $16,039,000 after buying an additional 18,352 shares during the period. Manatuck Hill Partners LLC boosted its position in shares of RealReal by 5.8% during the third quarter. Manatuck Hill Partners LLC now owns 3,650,000 shares of the company’s stock valued at $7,702,000 after buying an additional 200,000 shares during the period. Capricorn Fund Managers Ltd raised its stake in shares of RealReal by 15.0% during the fourth quarter. Capricorn Fund Managers Ltd now owns 1,150,000 shares of the company’s stock valued at $2,312,000 after acquiring an additional 150,000 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. bought a new stake in shares of RealReal during the third quarter valued at approximately $1,930,000. Hedge funds and other institutional investors own 64.73% of the company’s stock.

Wall Street Analyst Weigh In

REAL has been the topic of a number of recent research reports. UBS Group raised their target price on RealReal from $2.30 to $3.70 and gave the stock a “neutral” rating in a report on Friday, April 12th. Wedbush raised their price target on RealReal from $3.00 to $4.50 and gave the company an “outperform” rating in a report on Wednesday, May 8th. Needham & Company LLC reissued a “buy” rating and set a $6.00 price target on shares of RealReal in a report on Wednesday, May 8th. Finally, Wells Fargo & Company raised their price target on RealReal from $2.00 to $4.00 and gave the company an “equal weight” rating in a report on Wednesday, May 8th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, RealReal currently has an average rating of “Hold” and an average target price of $3.76.

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.