Wexford Capital LP Buys New Holdings in The RealReal, Inc. (NASDAQ:REAL)

Wexford Capital LP acquired a new position in The RealReal, Inc. (NASDAQ:REAL - Free Report) during the third quarter, according to its most recent filing with the SEC. The firm acquired 300,000 shares of the company's stock, valued at approximately $942,000. Wexford Capital LP owned about 0.27% of RealReal as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of RealReal by 0.4% in the 1st 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 period. Calamos Advisors LLC bought a new position in RealReal in the 2nd quarter worth $34,000. Bank of New York Mellon Corp purchased a new position in shares of RealReal during the 2nd quarter valued at about $915,000. Principal Financial Group Inc. purchased a new position in RealReal during the second quarter valued at approximately $39,000. Finally, Fortis Group Advisors LLC boosted its holdings in RealReal by 38.8% in the 2nd quarter. Fortis Group Advisors LLC now owns 69,949 shares of the company's stock worth $223,000 after buying an additional 19,553 shares during the period. Institutional investors own 64.73% of the company's stock.

RealReal Trading Up 5.2 %

NASDAQ REAL traded up $0.32 during trading on Friday, reaching $6.44. 2,199,010 shares of the company's stock traded hands, compared to its average volume of 2,549,363. The company's 50 day simple moving average is $3.86 and its two-hundred day simple moving average is $3.44. The RealReal, Inc. has a 12-month low of $1.52 and a 12-month high of $6.57.

Insider Activity at RealReal

In related news, CAO Steve Ming Lo sold 96,666 shares of the firm's stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $6.10, for a total transaction of $589,662.60. Following the sale, 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 document filed with the Securities & Exchange Commission, which is available through this link. 9.78% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on REAL shares. UBS Group lifted their target price on RealReal from $3.00 to $3.25 and gave the stock a "neutral" rating in a report on Tuesday, November 5th. Northland Capmk upgraded shares of RealReal to a "strong-buy" rating in a report on Monday, September 16th. Finally, Northland Securities assumed coverage on RealReal in a report on Monday, September 16th. They set an "outperform" rating and a $6.00 price objective for the company. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $4.46.

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.