Platform Technology Partners Has $56,000 Stock Holdings in The RealReal, Inc. (NASDAQ:REAL)

Platform Technology Partners lowered its stake in shares of The RealReal, Inc. (NASDAQ:REAL) by 23.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,728 shares of the company’s stock after selling 5,343 shares during the period. Platform Technology Partners’ holdings in RealReal were worth $56,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of REAL. BNP Paribas Financial Markets boosted its position in RealReal by 80.1% during the first quarter. BNP Paribas Financial Markets now owns 157,672 shares of the company’s stock valued at $616,000 after purchasing an additional 70,114 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of RealReal during the 1st quarter valued at about $195,000. SG Americas Securities LLC bought a new stake in shares of RealReal in the 1st quarter valued at approximately $880,000. Susquehanna Fundamental Investments LLC acquired a new position in RealReal in the first quarter worth approximately $225,000. Finally, Headlands Technologies LLC raised its position in RealReal by 414.5% during the first quarter. Headlands Technologies LLC now owns 42,099 shares of the company’s stock valued at $165,000 after acquiring an additional 33,917 shares in the last quarter. 64.73% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on REAL shares. Robert W. Baird dropped their price target on shares of RealReal from $4.00 to $3.50 and set a “neutral” rating on the stock in a research note on Wednesday, August 7th. Wedbush lowered their target price on shares of RealReal from $4.50 to $4.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 7th. Northland Capmk raised RealReal to a “strong-buy” rating in a research report on Monday, September 16th. UBS Group increased their price objective on RealReal from $3.00 to $3.25 and gave the company a “neutral” rating in a report on Tuesday, November 5th. Finally, Northland Securities assumed coverage on RealReal in a report on Monday, September 16th. They issued an “outperform” rating and a $6.00 target price for the company. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $4.46.

Insider Buying and Selling at RealReal

In other news, Director Karen Katz sold 33,000 shares of the stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $2.62, for a total value of $86,460.00. Following the completion of the sale, the director now directly owns 201,301 shares of the company’s stock, valued at approximately $527,408.62. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Luke Thomas Friang sold 16,239 shares of the business’s stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $2.61, for a total transaction of $42,383.79. Following the transaction, the insider now directly owns 517,598 shares in the company, valued at $1,350,930.78. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Karen Katz sold 33,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $2.62, for a total value of $86,460.00. Following the completion of the sale, the director now owns 201,301 shares of the company’s stock, valued at $527,408.62. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 116,337 shares of company stock valued at $303,970 in the last 90 days. 9.78% of the stock is currently owned by insiders.

RealReal Price Performance

NASDAQ REAL opened at $3.78 on Wednesday. The stock has a 50-day simple moving average of $3.06 and a 200 day simple moving average of $3.31. The RealReal, Inc. has a twelve month low of $1.52 and a twelve month high of $4.64.

RealReal Company Profile

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.