XTX Topco Ltd Purchases Shares of 19,953 The RealReal, Inc. (NASDAQ:REAL)

XTX Topco Ltd acquired a new position in shares of The RealReal, Inc. (NASDAQ:REAL) in the third quarter, Holdings Channel reports. The fund acquired 19,953 shares of the company’s stock, valued at approximately $63,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Anchorage Capital Advisors L.P. acquired a new position in RealReal in the third quarter worth about $10,675,000. Woodson Capital Management LP grew its stake in shares of RealReal by 2.9% in the 3rd quarter. Woodson Capital Management LP now owns 5,400,000 shares of the company’s stock valued at $16,956,000 after purchasing an additional 150,000 shares during the period. State Street Corp raised its holdings in shares of RealReal by 22.3% in the 3rd quarter. State Street Corp now owns 1,701,387 shares of the company’s stock worth $5,342,000 after buying an additional 310,116 shares in the last quarter. Capricorn Fund Managers Ltd lifted its position in shares of RealReal by 40.4% during the 3rd quarter. Capricorn Fund Managers Ltd now owns 1,406,738 shares of the company’s stock worth $4,417,000 after buying an additional 404,949 shares during the period. Finally, Crestwood Capital Management L.P. boosted its stake in RealReal by 20.6% in the 3rd quarter. Crestwood Capital Management L.P. now owns 1,193,501 shares of the company’s stock valued at $3,748,000 after buying an additional 204,226 shares in the last quarter. 64.73% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

REAL has been the subject of several recent analyst reports. Northland Capmk upgraded RealReal to a “strong-buy” rating in a research note on Monday, September 16th. Wells Fargo & Company raised shares of RealReal from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $4.00 to $15.00 in a report on Monday, December 9th. Northland Securities upped their price objective on shares of RealReal from $6.50 to $12.50 and gave the stock an “outperform” rating in a research note on Tuesday, December 17th. Finally, UBS Group lifted their target price on shares of RealReal from $3.00 to $3.25 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. Two 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, the company presently has an average rating of “Moderate Buy” and an average price target of $7.38.

Insiders Place Their Bets

In other news, CAO Steve Ming Lo sold 96,666 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $6.10, for a total transaction of $589,662.60. Following the completion of the sale, the chief accounting officer now owns 391,525 shares in the company, valued at $2,388,302.50. The trade was a 19.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 9.78% of the company’s stock.

RealReal Trading Up 6.5 %

REAL opened at $9.39 on Friday. The RealReal, Inc. has a 1-year low of $1.52 and a 1-year high of $9.78. The firm has a 50-day moving average price of $5.09 and a two-hundred day moving average price of $3.79. The stock has a market capitalization of $1.03 billion, a PE ratio of -10.67 and a beta of 3.09.

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.