Insider Selling: RealReal Inc (NASDAQ:REAL) COO Sells $18,706.95 in Stock

RealReal Inc (NASDAQ:REAL) COO Levesque Rati Sahi sold 1,341 shares of the stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $13.95, for a total transaction of $18,706.95. Following the transaction, the chief operating officer now owns 305,902 shares in the company, valued at $4,267,332.90. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Levesque Rati Sahi also recently made the following trade(s):

  • On Wednesday, July 8th, Levesque Rati Sahi sold 54,069 shares of RealReal stock. The stock was sold at an average price of $15.02, for a total transaction of $812,116.38.
  • On Wednesday, June 24th, Levesque Rati Sahi sold 45,331 shares of RealReal stock. The stock was sold at an average price of $15.04, for a total transaction of $681,778.24.
  • On Thursday, June 11th, Levesque Rati Sahi sold 33,384 shares of RealReal stock. The stock was sold at an average price of $12.57, for a total transaction of $419,636.88.

REAL stock opened at $13.93 on Thursday. RealReal Inc has a twelve month low of $5.00 and a twelve month high of $25.40. The company has a market capitalization of $1.19 billion and a P/E ratio of -3.65. The firm has a 50 day simple moving average of $13.65 and a 200-day simple moving average of $12.75.

RealReal (NASDAQ:REAL) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.39) EPS for the quarter, topping analysts’ consensus estimates of ($0.46) by $0.07. The firm had revenue of $78.20 million during the quarter, compared to the consensus estimate of $78.36 million. RealReal had a negative net margin of 34.19% and a negative return on equity of 60.41%. The firm’s revenue was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the company posted ($2.80) earnings per share. On average, research analysts forecast that RealReal Inc will post -1.43 EPS for the current fiscal year.

REAL has been the topic of several research reports. UBS Group cut their price target on shares of RealReal from $26.00 to $17.00 and set a “buy” rating on the stock in a report on Tuesday, April 21st. Credit Suisse Group raised their price target on shares of RealReal from $13.00 to $14.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Wells Fargo & Co raised their price target on shares of RealReal from $18.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, June 26th. Nomura Securities restated a “buy” rating and issued a $13.00 price target (down previously from $15.00) on shares of RealReal in a report on Wednesday, April 15th. Finally, BidaskClub lowered shares of RealReal from a “buy” rating to a “hold” rating in a report on Wednesday, July 8th. Six research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $17.47.

A number of institutional investors have recently added to or reduced their stakes in the business. Great West Life Assurance Co. Can bought a new stake in RealReal in the fourth quarter valued at $27,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in RealReal by 142.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,908 shares of the company’s stock valued at $50,000 after buying an additional 2,295 shares during the last quarter. Ameritas Investment Partners Inc. lifted its stake in RealReal by 206.5% in the first quarter. Ameritas Investment Partners Inc. now owns 4,453 shares of the company’s stock valued at $31,000 after buying an additional 3,000 shares during the last quarter. Victory Capital Management Inc. lifted its stake in RealReal by 141.7% in the fourth quarter. Victory Capital Management Inc. now owns 6,466 shares of the company’s stock valued at $122,000 after buying an additional 3,791 shares during the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in RealReal by 116,566.7% in the first quarter. Rockefeller Capital Management L.P. now owns 7,000 shares of the company’s stock valued at $49,000 after buying an additional 6,994 shares during the last quarter. 71.02% of the stock is owned by hedge funds and other institutional investors.

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Insider Buying and Selling by Quarter for RealReal (NASDAQ:REAL)

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