The RealReal, Inc. (NASDAQ:REAL) Stock Holdings Increased by Barclays PLC

Barclays PLC boosted its stake in The RealReal, Inc. (NASDAQ:REAL - Free Report) by 306.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 136,262 shares of the company's stock after purchasing an additional 102,759 shares during the quarter. Barclays PLC owned about 0.12% of RealReal worth $428,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Evoke Wealth LLC purchased a new position in shares of RealReal in the 2nd quarter worth about $36,000. Park Edge Advisors LLC acquired a new stake in RealReal during the 3rd quarter worth approximately $41,000. XTX Topco Ltd purchased a new position in RealReal in the third quarter valued at approximately $63,000. Intech Investment Management LLC acquired a new position in RealReal during the third quarter valued at approximately $88,000. Finally, MetLife Investment Management LLC grew its stake in RealReal by 43.9% during the third quarter. MetLife Investment Management LLC now owns 35,970 shares of the company's stock worth $113,000 after buying an additional 10,981 shares during the period. Institutional investors and hedge funds own 64.73% of the company's stock.

RealReal Stock Performance

Shares of NASDAQ:REAL traded up $0.07 during trading on Friday, hitting $9.52. The company's stock had a trading volume of 4,039,943 shares, compared to its average volume of 3,351,171. The company has a market capitalization of $1.04 billion, a PE ratio of -10.82 and a beta of 2.87. The RealReal, Inc. has a fifty-two week low of $1.52 and a fifty-two week high of $11.38. The stock's 50-day moving average price is $7.66 and its two-hundred day moving average price is $4.67.

Insiders Place Their Bets

In other news, CEO John E. Koryl sold 396,478 shares of the stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $9.61, for a total transaction of $3,810,153.58. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Steve Ming Lo sold 96,666 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $6.10, for a total value of $589,662.60. Following the transaction, the chief accounting officer now directly owns 391,525 shares in the company, valued at approximately $2,388,302.50. This represents a 19.80 % decrease in their position. The disclosure for this sale can be found here. 9.78% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Northland Securities lifted their target price on shares of RealReal from $6.50 to $12.50 and gave the company an "outperform" rating in a report on Tuesday, December 17th. Wells Fargo & Company raised RealReal from an "equal weight" rating to an "overweight" rating and upped their target price for the stock from $4.00 to $15.00 in a research report on Monday, December 9th. Finally, UBS Group raised their target price on RealReal from $3.00 to $3.25 and gave the company a "neutral" rating in a report on Tuesday, November 5th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, RealReal presently has a consensus rating of "Moderate Buy" and a consensus price target of $7.38.

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.