Woodson Capital Management LP Boosts Holdings in The RealReal, Inc. (NASDAQ:REAL)

Woodson Capital Management LP increased its stake in The RealReal, Inc. (NASDAQ:REAL - Free Report) by 2.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,400,000 shares of the company's stock after purchasing an additional 150,000 shares during the quarter. RealReal comprises about 3.3% of Woodson Capital Management LP's holdings, making the stock its 14th largest position. Woodson Capital Management LP owned 4.92% of RealReal worth $16,956,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Fortis Group Advisors LLC boosted its holdings in RealReal by 11.0% in the 3rd quarter. Fortis Group Advisors LLC now owns 77,635 shares of the company's stock valued at $244,000 after purchasing an additional 7,686 shares during the period. Drive Wealth Management LLC bought a new position in RealReal in the 2nd quarter worth about $32,000. Quantum Private Wealth LLC raised its holdings in shares of RealReal by 6.1% in the 3rd quarter. Quantum Private Wealth LLC now owns 173,248 shares of the company's stock valued at $544,000 after acquiring an additional 10,000 shares in the last quarter. Calamos Advisors LLC bought a new stake in shares of RealReal during the 2nd quarter valued at about $34,000. Finally, MetLife Investment Management LLC raised its stake in RealReal by 43.9% in the third quarter. MetLife Investment Management LLC now owns 35,970 shares of the company's stock valued at $113,000 after purchasing an additional 10,981 shares in the last quarter. 64.73% of the stock is currently owned by institutional investors.

RealReal Price Performance

NASDAQ:REAL traded up $0.12 during mid-day trading on Friday, reaching $5.88. 1,946,712 shares of the company's stock traded hands, compared to its average volume of 2,610,609. The company has a 50 day moving average price of $3.57 and a 200-day moving average price of $3.38. The firm has a market capitalization of $644.98 million, a price-to-earnings ratio of -6.55 and a beta of 2.79. The RealReal, Inc. has a 12-month low of $1.52 and a 12-month high of $5.92.

Analyst Ratings Changes

A number of research firms have recently issued reports on REAL. Northland Capmk raised shares of RealReal to a "strong-buy" rating in a report on Monday, September 16th. Wedbush reduced their target price on shares of RealReal from $4.50 to $4.00 and set an "outperform" rating on the stock in a report on Wednesday, August 7th. Northland Securities began coverage on RealReal in a research note on Monday, September 16th. They issued an "outperform" rating and a $6.00 target price for the company. UBS Group lifted their price target on RealReal from $3.00 to $3.25 and gave the stock a "neutral" rating in a research note on Tuesday, November 5th. Finally, Robert W. Baird lowered their price objective on RealReal from $4.00 to $3.50 and set a "neutral" rating for the company in a research report on Wednesday, August 7th. Three investment 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. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $4.46.

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.