EAM Investors LLC Buys Shares of 670,560 The RealReal, Inc. (NASDAQ:REAL)

EAM Investors LLC purchased a new position in The RealReal, Inc. (NASDAQ:REAL - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 670,560 shares of the company's stock, valued at approximately $7,329,000. RealReal comprises 1.0% of EAM Investors LLC's holdings, making the stock its 2nd largest position. EAM Investors LLC owned approximately 0.61% of RealReal as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Stifel Financial Corp lifted its stake in shares of RealReal by 526.5% during the 3rd quarter. Stifel Financial Corp now owns 129,874 shares of the company's stock valued at $408,000 after buying an additional 109,143 shares in the last quarter. State Street Corp increased its position in shares of RealReal by 22.3% during the 3rd quarter. State Street Corp now owns 1,701,387 shares of the company's stock valued at $5,342,000 after purchasing an additional 310,116 shares during the last quarter. XTX Topco Ltd purchased a new stake in RealReal in the 3rd quarter worth about $63,000. Barclays PLC raised its holdings in shares of RealReal by 306.7% in the third quarter. Barclays PLC now owns 136,262 shares of the company's stock worth $428,000 after buying an additional 102,759 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of RealReal by 2.0% during the third quarter. Geode Capital Management LLC now owns 2,293,855 shares of the company's stock worth $7,204,000 after purchasing an additional 44,716 shares during the last quarter. Institutional investors own 64.73% of the company's stock.

Insider Buying and Selling

In related news, CAO Steve Ming Lo sold 23,477 shares of the company's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $6.90, for a total value of $161,991.30. Following the completion of the sale, the chief accounting officer now owns 330,117 shares of the company's stock, valued at approximately $2,277,807.30. This represents a 6.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Luke Thomas Friang sold 18,503 shares of the stock in a transaction that occurred on Thursday, February 20th. The shares were 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 of the company's stock, valued at approximately $3,840,243.30. This trade represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 258,283 shares of company stock worth $1,782,153 in the last 90 days. Insiders own 9.78% of the company's stock.

RealReal Stock Up 4.9 %

Shares of REAL stock traded up $0.25 on Friday, hitting $5.38. The company had a trading volume of 1,805,905 shares, compared to its average volume of 2,687,658. The firm has a market cap of $598.51 million, a P/E ratio of -4.17 and a beta of 2.90. The RealReal, Inc. has a twelve month low of $2.24 and a twelve month high of $11.38. The company has a 50-day moving average price of $6.05 and a 200-day moving average price of $6.41.

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

Analyst Upgrades and Downgrades

Separately, UBS Group lowered their price objective on shares of RealReal from $10.00 to $9.00 and set a "neutral" rating for the company in a research report on Wednesday, February 26th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $8.33.

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.