Capricorn Fund Managers Ltd Has $8.94 Million Stock Position in The RealReal, Inc. (NASDAQ:REAL)

Capricorn Fund Managers Ltd lowered its holdings in The RealReal, Inc. (NASDAQ:REAL) by 43.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 800,000 shares of the company’s stock after selling 606,738 shares during the quarter. RealReal makes up about 4.0% of Capricorn Fund Managers Ltd’s investment portfolio, making the stock its 4th largest holding. Capricorn Fund Managers Ltd owned approximately 0.73% of RealReal worth $8,944,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in REAL. Fortis Group Advisors LLC increased its stake in shares of RealReal by 11.0% in the 3rd quarter. Fortis Group Advisors LLC now owns 77,635 shares of the company’s stock worth $244,000 after acquiring an additional 7,686 shares in the last quarter. Quantum Private Wealth LLC grew its holdings in RealReal by 6.1% in the third quarter. Quantum Private Wealth LLC now owns 173,248 shares of the company’s stock worth $544,000 after purchasing an additional 10,000 shares during the period. MetLife Investment Management LLC increased its stake in shares of RealReal by 43.9% during 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. Park Edge Advisors LLC purchased a new position in shares of RealReal during the third quarter valued at approximately $41,000. Finally, River Global Investors LLP boosted its position in shares of RealReal by 4.9% in the 3rd quarter. River Global Investors LLP now owns 359,623 shares of the company’s stock worth $1,127,000 after purchasing an additional 16,896 shares in the last quarter. 64.73% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other RealReal news, CAO Steve Ming Lo sold 96,666 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $6.10, for a total transaction of $589,662.60. Following the transaction, the chief accounting officer now owns 391,525 shares of the company’s stock, valued at approximately $2,388,302.50. This trade represents a 19.80 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO John E. Koryl sold 396,478 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $9.61, for a total transaction of $3,810,153.58. The disclosure for this sale can be found here. 9.78% of the stock is owned by insiders.

RealReal Stock Up 0.7 %

REAL opened at $9.52 on Tuesday. The business has a fifty day moving average of $7.77 and a 200 day moving average of $4.72. The stock has a market cap of $1.04 billion, a P/E ratio of -10.82 and a beta of 2.87. The RealReal, Inc. has a 52-week low of $1.52 and a 52-week high of $11.38.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Northland Securities upped their target price on shares of RealReal from $6.50 to $12.50 and gave the company an “outperform” rating in a research note on Tuesday, December 17th. Wells Fargo & Company upgraded RealReal from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $4.00 to $15.00 in a research note on Monday, December 9th. Finally, UBS Group upped their price objective on RealReal from $3.00 to $3.25 and gave the stock a “neutral” rating in a research note on Tuesday, November 5th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $7.38.

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.