Bank of New York Mellon Corp Has $402,000 Stake in The RealReal, Inc. (NASDAQ:REAL)

Bank of New York Mellon Corp trimmed its holdings in shares of The RealReal, Inc. (NASDAQ:REALFree Report) by 4.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 190,560 shares of the company’s stock after selling 8,060 shares during the period. Bank of New York Mellon Corp owned 0.19% of RealReal worth $402,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of REAL. Manatuck Hill Partners LLC increased its holdings in RealReal by 115.6% during the 2nd quarter. Manatuck Hill Partners LLC now owns 3,450,000 shares of the company’s stock valued at $7,659,000 after purchasing an additional 1,850,000 shares in the last quarter. State Street Corp increased its stake in shares of RealReal by 59.9% in the 3rd quarter. State Street Corp now owns 3,297,001 shares of the company’s stock valued at $4,946,000 after buying an additional 1,235,638 shares during the period. Woodson Capital Management LP increased its stake in shares of RealReal by 28.9% in the 2nd quarter. Woodson Capital Management LP now owns 4,900,000 shares of the company’s stock valued at $10,878,000 after buying an additional 1,100,000 shares during the period. Millennium Management LLC increased its stake in shares of RealReal by 47.2% in the 4th quarter. Millennium Management LLC now owns 2,901,658 shares of the company’s stock valued at $3,627,000 after buying an additional 930,174 shares during the period. Finally, Marshall Wace LLP increased its stake in shares of RealReal by 24.2% in the 4th quarter. Marshall Wace LLP now owns 4,192,348 shares of the company’s stock valued at $5,240,000 after buying an additional 815,955 shares during the period. 49.60% of the stock is owned by institutional investors and hedge funds.

RealReal Stock Up 3.7 %

Shares of RealReal stock opened at $1.95 on Tuesday. The RealReal, Inc. has a 12 month low of $1.00 and a 12 month high of $2.94. The business has a fifty day simple moving average of $2.04 and a 200 day simple moving average of $2.10. The stock has a market cap of $199.10 million, a PE ratio of -1.05 and a beta of 2.89.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Robert W. Baird reissued a “neutral” rating and issued a $2.75 target price (down from $3.25) on shares of RealReal in a research note on Thursday, January 4th. Morgan Stanley lifted their target price on RealReal from $1.50 to $2.50 and gave the company an “equal weight” rating in a research note on Thursday, November 9th. Needham & Company LLC reissued a “buy” rating and issued a $6.00 target price on shares of RealReal in a research note on Wednesday, November 8th. Finally, BMO Capital Markets lowered their target price on RealReal from $6.00 to $5.50 and set a “market perform” rating for the company in a research note on Monday, October 23rd. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $3.59.

View Our Latest Stock Report on REAL

About RealReal

(Free Report)

The RealReal, Inc operates an online marketplace for resale luxury goods in the United State. It offers various product categories, including women's fashion, men's fashion, jewelry, and watches. The company was incorporated in 2011 and is headquartered in San Francisco, California.

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Institutional Ownership by Quarter for RealReal (NASDAQ:REAL)

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