The RealReal, Inc. (NASDAQ:REAL – Get Free Report) CEO John E. Koryl sold 31,412 shares of the company’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of $4.25, for a total transaction of $133,501.00. Following the completion of the sale, the chief executive officer now directly owns 2,988,552 shares in the company, valued at $12,701,346. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
RealReal Price Performance
NASDAQ REAL opened at $3.93 on Friday. The company has a 50 day simple moving average of $3.71 and a 200-day simple moving average of $2.71. The RealReal, Inc. has a 52-week low of $1.26 and a 52-week high of $4.64.
RealReal (NASDAQ:REAL – Get Free Report) last issued its quarterly earnings data on Thursday, February 29th. The company reported ($0.15) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.04. The business had revenue of $143.37 million for the quarter, compared to the consensus estimate of $142.80 million. Research analysts predict that The RealReal, Inc. will post -0.8 EPS for the current fiscal year.
Hedge Funds Weigh In On RealReal
Analyst Ratings Changes
A number of analysts have weighed in on the stock. Wedbush increased their target price on shares of RealReal from $3.00 to $4.50 and gave the stock an “outperform” rating in a report on Wednesday, May 8th. UBS Group raised their price objective on shares of RealReal from $2.30 to $3.70 and gave the company a “neutral” rating in a research report on Friday, April 12th. Wells Fargo & Company raised their price objective on shares of RealReal from $2.00 to $4.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 8th. Finally, Needham & Company LLC restated a “buy” rating and set a $6.00 price objective on shares of RealReal in a research report on Wednesday, May 8th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $3.76.
Read Our Latest Stock Analysis on REAL
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.
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