Insider Selling: RealReal (NASDAQ:REAL) CFO Sells $420,099.60 in Stock

The RealReal, Inc. (NASDAQ:REAL) CFO Gopal Ajay Madan sold 28,520 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $14.73, for a total value of $420,099.60. Following the completion of the transaction, the chief financial officer directly owned 1,156,092 shares in the company, valued at $17,029,235.16. The trade was a 2.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Gopal Ajay Madan also recently made the following trade(s):

• On Friday, November 21st, Gopal Ajay Madan sold 30,196 shares of RealReal stock. The shares were sold at an average price of $13.06, for a total transaction of $394,359.76.

RealReal Stock Down 0.1%

Shares of NASDAQ:REAL opened at $14.47 on Monday. The stock has a market capitalization of $1.69 billion, a PE ratio of -10.49 and a beta of 2.68. The firm’s 50 day moving average price is $11.90 and its 200-day moving average price is $8.33. The RealReal, Inc. has a twelve month low of $4.61 and a twelve month high of $16.24.

RealReal (NASDAQ:REAL) last announced its earnings results on Monday, November 10th. The company reported ($0.49) EPS for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.35). The business had revenue of $173.57 million for the quarter, compared to analyst estimates of $169.01 million. RealReal has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Analysts expect that The RealReal, Inc. will post -0.4 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

REAL has been the topic of several analyst reports. Wall Street Zen upgraded RealReal from a “hold” rating to a “buy” rating in a research report on Saturday, November 15th. B. Riley reaffirmed a “buy” rating and issued a $14.00 price objective (up previously from $12.00) on shares of RealReal in a research note on Tuesday, November 11th. Roth Capital set a $17.50 price objective on RealReal and gave the company a “buy” rating in a research note on Wednesday, October 29th. BTIG Research increased their target price on shares of RealReal from $11.00 to $15.00 and gave the stock a “buy” rating in a report on Tuesday, November 11th. Finally, Robert W. Baird lifted their price target on shares of RealReal from $8.00 to $13.00 and gave the company a “neutral” rating in a report on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $14.63.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quarry LP purchased a new position in RealReal during the 3rd quarter valued at approximately $28,000. Game Plan Financial Advisors LLC boosted its position in shares of RealReal by 52.8% during the 1st quarter. Game Plan Financial Advisors LLC now owns 5,500 shares of the company’s stock valued at $30,000 after acquiring an additional 1,900 shares during the last quarter. Larson Financial Group LLC purchased a new position in shares of RealReal in the third quarter valued at $31,000. AlphaQuest LLC bought a new stake in RealReal in the first quarter worth $59,000. Finally, State of Alaska Department of Revenue purchased a new stake in RealReal during the third quarter valued at $59,000. Institutional investors own 64.73% of the company’s stock.

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.