The RealReal, Inc. (NASDAQ:REAL) Director Karen Katz Buys 6,500 Shares

The RealReal, Inc. (NASDAQ:REALGet Free Report) Director Karen Katz purchased 6,500 shares of the company’s stock in a transaction that occurred on Friday, March 8th. The shares were acquired at an average cost of $3.85 per share, with a total value of $25,025.00. Following the completion of the acquisition, the director now directly owns 183,476 shares in the company, valued at $706,382.60. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

RealReal Stock Performance

REAL traded down $0.28 during mid-day trading on Monday, reaching $3.38. The stock had a trading volume of 4,407,404 shares, compared to its average volume of 4,031,870. The stock has a market capitalization of $353.85 million, a P/E ratio of -2.02 and a beta of 2.84. The firm’s fifty day simple moving average is $2.05 and its two-hundred day simple moving average is $2.08. The RealReal, Inc. has a 52 week low of $1.00 and a 52 week high of $4.10.

RealReal (NASDAQ:REALGet Free Report) last posted its quarterly earnings results on Thursday, February 29th. The company reported ($0.15) earnings per share (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 the consensus estimate of $142.80 million. As a group, analysts expect that The RealReal, Inc. will post -0.79 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Robert W. Baird reaffirmed a “neutral” rating and set a $2.75 price target (down from $3.25) on shares of RealReal in a report on Thursday, January 4th. Needham & Company LLC reaffirmed a “buy” rating and set a $6.00 price target on shares of RealReal in a report on Friday, March 1st. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $3.60.

Get Our Latest Stock Analysis on RealReal

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in REAL. Chicago Partners Investment Group LLC bought a new position in RealReal during the fourth quarter worth about $40,000. Barclays PLC boosted its stake in shares of RealReal by 47.5% in the fourth quarter. Barclays PLC now owns 182,945 shares of the company’s stock valued at $368,000 after buying an additional 58,876 shares during the period. Occudo Quantitative Strategies LP boosted its stake in shares of RealReal by 39.4% in the fourth quarter. Occudo Quantitative Strategies LP now owns 215,317 shares of the company’s stock valued at $433,000 after buying an additional 60,818 shares during the period. Balyasny Asset Management L.P. boosted its stake in shares of RealReal by 154.5% in the fourth quarter. Balyasny Asset Management L.P. now owns 3,569,527 shares of the company’s stock valued at $7,175,000 after buying an additional 2,166,704 shares during the period. Finally, Findell Capital Management LLC bought a new stake in shares of RealReal in the fourth quarter valued at approximately $13,681,000. 49.60% of the stock is currently owned by institutional investors.

RealReal Company Profile

(Get Free Report)

The RealReal, Inc operates an online marketplace for resale luxury goods in the United State. It offers various product categories, including women's fashion, men's fashion, jewelry, and watches. The company was incorporated in 2011 and is headquartered in San Francisco, California.

Further Reading

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