The RealReal, Inc. $REAL Position Trimmed by Woodson Capital Management LP

Woodson Capital Management LP trimmed its position in The RealReal, Inc. (NASDAQ:REAL) by 45.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,500,000 shares of the company’s stock after selling 2,900,000 shares during the period. RealReal comprises about 6.7% of Woodson Capital Management LP’s portfolio, making the stock its 3rd largest holding. Woodson Capital Management LP owned approximately 3.04% of RealReal worth $37,205,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Rhumbline Advisers lifted its position in shares of RealReal by 1.3% in the first quarter. Rhumbline Advisers now owns 145,543 shares of the company’s stock valued at $784,000 after acquiring an additional 1,800 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of RealReal by 6.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,437 shares of the company’s stock worth $326,000 after purchasing an additional 3,500 shares in the last quarter. Raymond James Financial Inc. raised its stake in RealReal by 1.9% in the 2nd quarter. Raymond James Financial Inc. now owns 283,850 shares of the company’s stock valued at $1,360,000 after purchasing an additional 5,373 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in RealReal in the 3rd quarter valued at $59,000. Finally, Rafferty Asset Management LLC lifted its holdings in RealReal by 12.5% in the 2nd quarter. Rafferty Asset Management LLC now owns 59,222 shares of the company’s stock valued at $284,000 after purchasing an additional 6,570 shares in the last quarter. 64.73% of the stock is currently owned by hedge funds and other institutional investors.

RealReal Trading Down 1.7%

Shares of REAL opened at $16.32 on Friday. The RealReal, Inc. has a 12-month low of $4.61 and a 12-month high of $17.25. The firm has a market capitalization of $1.90 billion, a P/E ratio of -11.83 and a beta of 2.60. The firm has a 50-day moving average price of $14.87 and a 200 day moving average price of $10.67.

RealReal (NASDAQ:REAL) last posted its earnings results on Monday, November 10th. The company reported ($0.49) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.35). The business had revenue of $173.57 million for the quarter, compared to the consensus estimate of $169.01 million. Equities research analysts predict that The RealReal, Inc. will post -0.4 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on REAL shares. B. Riley upped their target price on shares of RealReal from $14.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Wall Street Zen lowered shares of RealReal from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. BTIG Research upped their price objective on shares of RealReal from $15.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, December 30th. Weiss Ratings reiterated a “sell (d-)” rating on shares of RealReal in a report on Wednesday, October 8th. Finally, Northland Securities set a $20.00 target price on RealReal in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $17.44.

Insider Transactions at RealReal

In other news, CAO Steve Ming Lo sold 59,789 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $14.46, for a total value of $864,548.94. Following the transaction, the chief accounting officer owned 249,553 shares of the company’s stock, valued at $3,608,536.38. This represents a 19.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Gilbert L. Baird III sold 7,686,442 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $13.21, for a total value of $101,537,898.82. The SEC filing for this sale provides additional information. Insiders sold a total of 15,823,249 shares of company stock valued at $209,258,341 in the last ninety days. 9.00% of the stock is currently owned by corporate insiders.

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.