153,519 Shares in The RealReal, Inc. (NASDAQ:REAL) Purchased by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership acquired a new stake in The RealReal, Inc. (NASDAQ:REAL - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 153,519 shares of the company's stock, valued at approximately $1,678,000. Arrowstreet Capital Limited Partnership owned approximately 0.14% of RealReal at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. R Squared Ltd acquired a new stake in RealReal in the fourth quarter worth about $49,000. Harvest Fund Management Co. Ltd acquired a new stake in shares of RealReal during the 4th quarter worth approximately $94,000. Charles Schwab Investment Management Inc. raised its stake in shares of RealReal by 3.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 284,876 shares of the company's stock worth $3,114,000 after buying an additional 9,453 shares during the last quarter. Rhumbline Advisers lifted its holdings in RealReal by 7.4% in the fourth quarter. Rhumbline Advisers now owns 143,743 shares of the company's stock valued at $1,571,000 after buying an additional 9,893 shares during the period. Finally, Jag Capital Management LLC bought a new position in RealReal in the fourth quarter valued at approximately $126,000. 64.73% of the stock is owned by institutional investors.

RealReal Stock Down 1.2 %

RealReal stock traded down $0.06 during mid-day trading on Tuesday, hitting $5.11. 1,343,377 shares of the company's stock were exchanged, compared to its average volume of 2,669,757. The RealReal, Inc. has a fifty-two week low of $2.24 and a fifty-two week high of $11.38. The firm has a market capitalization of $568.47 million, a P/E ratio of -3.96 and a beta of 2.90. The company's 50 day simple moving average is $6.28 and its 200-day simple moving average is $6.39.

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RealReal (NASDAQ:REAL - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported ($0.62) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.52). The firm had revenue of $164.00 million during the quarter, compared to analyst estimates of $162.69 million. Research analysts expect that The RealReal, Inc. will post -0.4 EPS for the current year.

Insider Buying and Selling

In other news, CEO Levesque Rati Sahi sold 113,917 shares of RealReal stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $6.90, for a total value of $786,027.30. Following the sale, the chief executive officer now directly owns 2,307,199 shares in the company, valued at $15,919,673.10. This trade represents a 4.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Luke Thomas Friang sold 18,503 shares of the business's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $6.90, for a total transaction of $127,670.70. Following the completion of the sale, the insider now directly owns 556,557 shares in the company, valued at approximately $3,840,243.30. This represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 258,283 shares of company stock worth $1,782,153 over the last ninety days. Company insiders own 9.78% of the company's stock.

Analyst Upgrades and Downgrades

REAL has been the topic of a number of analyst reports. UBS Group cut their price target on RealReal from $10.00 to $9.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 26th. Northland Securities raised their target price on RealReal from $6.50 to $12.50 and gave the stock an "outperform" rating in a report on Tuesday, December 17th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $8.33.

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.