XTX Topco Ltd Has $730,000 Stake in The RealReal, Inc. (NASDAQ:REAL)

XTX Topco Ltd boosted its stake in shares of The RealReal, Inc. (NASDAQ:REAL - Free Report) by 234.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 66,769 shares of the company's stock after buying an additional 46,816 shares during the period. XTX Topco Ltd owned about 0.06% of RealReal worth $730,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of REAL. R Squared Ltd acquired a new position in shares of RealReal in the 4th quarter valued at about $49,000. Harvest Fund Management Co. Ltd acquired a new position in shares of RealReal in the 4th quarter valued at about $94,000. Jag Capital Management LLC acquired a new position in shares of RealReal in the 4th quarter valued at about $126,000. Olympiad Research LP acquired a new position in shares of RealReal in the 4th quarter valued at about $136,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of RealReal in the 4th quarter valued at about $153,000. Institutional investors and hedge funds own 64.73% of the company's stock.

Insiders Place Their Bets

In other RealReal news, CFO Gopal Ajay Madan sold 102,386 shares of the company's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $6.90, for a total transaction of $706,463.40. Following the completion of the sale, the chief financial officer now owns 1,327,198 shares of the company's stock, valued at $9,157,666.20. This represents a 7.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Steve Ming Lo sold 23,477 shares of the company's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $6.90, for a total value of $161,991.30. Following the sale, the chief accounting officer now directly owns 330,117 shares of the company's stock, valued at $2,277,807.30. The trade was a 6.64 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 258,283 shares of company stock valued at $1,782,153 over the last 90 days. 9.78% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, UBS Group dropped their target price on RealReal from $10.00 to $9.00 and set a "neutral" rating on the stock in a 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 given a strong buy rating to the stock. According to data from MarketBeat, RealReal presently has an average rating of "Moderate Buy" and a consensus price target of $8.33.

RealReal Stock Performance

Shares of NASDAQ REAL traded up $0.19 during trading hours on Wednesday, hitting $5.68. The stock had a trading volume of 856,927 shares, compared to its average volume of 3,235,468. The company has a market capitalization of $631.88 million, a P/E ratio of -4.40 and a beta of 2.90. The firm's 50-day moving average price is $5.95 and its two-hundred day moving average price is $6.46. The RealReal, Inc. has a 52 week low of $2.24 and a 52 week high of $11.38.

RealReal (NASDAQ:REAL - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported ($0.62) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.52). The business had revenue of $164.00 million during the quarter, compared to analysts' expectations of $162.69 million. As a group, analysts expect that The RealReal, Inc. will post -0.4 EPS for the current fiscal year.

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.