Crestwood Capital Management L.P. Purchases 204,226 Shares of The RealReal, Inc. (NASDAQ:REAL)

Crestwood Capital Management L.P. grew its holdings in The RealReal, Inc. (NASDAQ:REAL - Free Report) by 20.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,193,501 shares of the company's stock after purchasing an additional 204,226 shares during the period. RealReal comprises 2.9% of Crestwood Capital Management L.P.'s portfolio, making the stock its 12th largest holding. Crestwood Capital Management L.P. owned about 1.09% of RealReal worth $3,748,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in RealReal by 0.4% in the first quarter. Vanguard Group Inc. now owns 4,101,935 shares of the company's stock worth $16,039,000 after buying an additional 18,352 shares during the last quarter. Capricorn Fund Managers Ltd increased its holdings in RealReal by 40.4% in the third quarter. Capricorn Fund Managers Ltd now owns 1,406,738 shares of the company's stock worth $4,417,000 after buying an additional 404,949 shares during the last quarter. Anthracite Investment Company Inc. increased its holdings in RealReal by 62.0% in the third quarter. Anthracite Investment Company Inc. now owns 745,304 shares of the company's stock worth $2,340,000 after buying an additional 285,304 shares during the last quarter. Renaissance Technologies LLC acquired a new position in RealReal in the second quarter worth approximately $1,563,000. Finally, NewEdge Advisors LLC increased its holdings in RealReal by 309.9% in the second quarter. NewEdge Advisors LLC now owns 435,554 shares of the company's stock worth $1,389,000 after buying an additional 329,303 shares during the last quarter. Institutional investors and hedge funds own 64.73% of the company's stock.

Wall Street Analyst Weigh In

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

Insider Activity

In related news, Director Karen Katz sold 33,000 shares of the firm's stock in a transaction 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 transaction, the director now directly owns 201,301 shares of the company's stock, valued at $527,408.62. This trade represents a 14.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 9.78% of the stock is owned by company insiders.

RealReal Stock Performance

Shares of REAL traded down $0.04 during mid-day trading on Tuesday, hitting $5.29. The company's stock had a trading volume of 3,155,340 shares, compared to its average volume of 2,608,697. The RealReal, Inc. has a one year low of $1.52 and a one year high of $5.39. The firm has a market capitalization of $580.26 million, a PE ratio of -6.01 and a beta of 2.79. The stock's 50-day moving average is $3.47 and its two-hundred day moving average is $3.34.

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.