The RealReal, Inc. (NASDAQ:REAL) Stock Holdings Boosted by Stifel Financial Corp

Stifel Financial Corp grew its holdings in shares of The RealReal, Inc. (NASDAQ:REAL - Free Report) by 526.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 129,874 shares of the company's stock after buying an additional 109,143 shares during the quarter. Stifel Financial Corp owned 0.12% of RealReal worth $408,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Anchorage Capital Advisors L.P. purchased a new stake in RealReal during the 3rd quarter worth $10,675,000. Woodson Capital Management LP lifted its stake in shares of RealReal by 2.9% during the third quarter. Woodson Capital Management LP now owns 5,400,000 shares of the company's stock worth $16,956,000 after purchasing an additional 150,000 shares in the last quarter. Capricorn Fund Managers Ltd boosted its position in shares of 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 period. Crestwood Capital Management L.P. grew its stake in shares of RealReal by 20.6% in the third quarter. Crestwood Capital Management L.P. now owns 1,193,501 shares of the company's stock valued at $3,748,000 after buying an additional 204,226 shares in the last quarter. Finally, Anthracite Investment Company Inc. raised its holdings in shares of RealReal by 62.0% during the 3rd quarter. Anthracite Investment Company Inc. now owns 745,304 shares of the company's stock valued at $2,340,000 after buying an additional 285,304 shares during the period. Institutional investors and hedge funds own 64.73% of the company's stock.

RealReal Trading Down 1.2 %

RealReal stock traded down $0.13 during midday trading on Friday, hitting $10.86. The stock had a trading volume of 4,281,233 shares, compared to its average volume of 2,724,741. The business has a fifty day moving average price of $5.77 and a 200 day moving average price of $4.01. The RealReal, Inc. has a 12 month low of $1.52 and a 12 month high of $11.07. The stock has a market cap of $1.19 billion, a P/E ratio of -12.34 and a beta of 3.09.

Analyst Ratings Changes

REAL has been the subject of a number of analyst reports. UBS Group upped their price target on RealReal from $3.00 to $3.25 and gave the stock a "neutral" rating in a report on Tuesday, November 5th. Wells Fargo & Company raised shares of RealReal from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $4.00 to $15.00 in a report on Monday, December 9th. Northland Securities lifted their price target on shares of RealReal from $6.50 to $12.50 and gave the stock an "outperform" rating in a research note on Tuesday, December 17th. Finally, Northland Capmk raised shares of RealReal to a "strong-buy" rating in a research report on Monday, September 16th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $7.38.

Insider Activity

In other RealReal news, CAO Steve Ming Lo sold 96,666 shares of the firm's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $6.10, for a total value of $589,662.60. Following the transaction, the chief accounting officer now owns 391,525 shares of the company's stock, valued at $2,388,302.50. This trade represents a 19.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 9.78% of the company's stock.

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.