Divisadero Street Capital Management LP Has $410,000 Stock Position in The RealReal, Inc. (NASDAQ:REAL)

Divisadero Street Capital Management LP decreased its stake in The RealReal, Inc. (NASDAQ:REAL) by 79.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 128,463 shares of the company’s stock after selling 486,164 shares during the quarter. Divisadero Street Capital Management LP owned approximately 0.12% of RealReal worth $410,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Jump Financial LLC purchased a new stake in shares of RealReal during the 4th quarter worth about $195,000. Findell Capital Management LLC bought a new position in RealReal during the fourth quarter valued at approximately $13,681,000. Chicago Partners Investment Group LLC acquired a new stake in RealReal in the fourth quarter valued at approximately $40,000. Quadrature Capital Ltd acquired a new stake in RealReal in the fourth quarter valued at approximately $174,000. Finally, Game Plan Financial Advisors LLC grew its position in RealReal by 233.3% in the first quarter. Game Plan Financial Advisors LLC now owns 10,000 shares of the company’s stock worth $39,000 after acquiring an additional 7,000 shares in the last quarter. Institutional investors and hedge funds own 64.73% of the company’s stock.

Insider Activity at RealReal

In other RealReal news, Director James R. Miller sold 53,526 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $3.24, for a total value of $173,424.24. Following the completion of the sale, the director now owns 157,891 shares in the company, valued at approximately $511,566.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other RealReal news, Director James R. Miller sold 53,526 shares of the business’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $3.24, for a total value of $173,424.24. Following the sale, the director now owns 157,891 shares of the company’s stock, valued at approximately $511,566.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Luke Thomas Friang sold 16,239 shares of the firm’s stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $2.61, for a total transaction of $42,383.79. Following the transaction, the insider now directly owns 517,598 shares of the company’s stock, valued at $1,350,930.78. The disclosure for this sale can be found here. Insiders have sold 169,863 shares of company stock worth $477,394 over the last three months. Company insiders own 9.78% of the company’s stock.

Analyst Upgrades and Downgrades

REAL has been the topic of a number of recent research reports. Northland Capmk upgraded shares of RealReal to a “strong-buy” rating in a report on Monday. Northland Securities began coverage on RealReal in a report on Monday. They set an “outperform” rating and a $6.00 price objective on the stock. Wedbush cut their price objective on RealReal from $4.50 to $4.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 7th. Finally, Robert W. Baird decreased their target price on RealReal from $4.00 to $3.50 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. Five investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $4.40.

RealReal Trading Up 1.6 %

Shares of REAL stock opened at $3.26 on Friday. The RealReal, Inc. has a 12 month low of $1.26 and a 12 month high of $4.64. The stock has a 50 day moving average of $2.92 and a 200-day moving average of $3.38.

RealReal (NASDAQ:REAL) last posted its quarterly earnings results on Tuesday, August 6th. The company reported ($0.22) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.24) by $0.02. The company had revenue of $144.93 million during the quarter, compared to analyst estimates of $139.85 million. As a group, sell-side analysts expect that The RealReal, Inc. will post -0.74 EPS for the current fiscal year.

RealReal 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.