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Why Therealreal Inc (REAL) Stock Could See Much Higher Prices Ahead

Therealreal Inc (NASDAQ: REAL) is 61.69% higher on its value in year-to-date trading and has touched a low of $1.26 and a high of $4.64 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The REAL stock was last observed hovering at around $2.79 in the last trading session, with the day’s gains setting it 0.46%.

Currently trading at $3.25, the stock is 27.48% and 10.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.8 million and changing 16.49% at the moment leaves the stock 10.49% off its SMA200. REAL registered 38.30% gain for a year compared to 6-month loss of 4.50%.

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The stock witnessed a 23.11% gain in the last 1 month and extending the period to 3 months gives it a 2.69%, and is 37.13% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.99% over the week and 6.71% over the month.

Therealreal Inc (REAL) has around 3032 employees, a market worth around $352.62M and $565.28M in sales. Profit margin for the company is -16.35%. Distance from 52-week low is 157.94% and -29.96% from its 52-week high. The company has generated returns on investments over the last 12 months (-54.64%).

The EPS is expected to grow by 41.89% this year.

Therealreal Inc (REAL) Top Institutional Holders

198.0 institutions hold shares in Therealreal Inc (REAL), with institutional investors hold 85.74% of the company’s shares. The shares outstanding are 104.67M, and float is at 86.37M with Short Float at 23.01%. Institutions hold 77.51% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 6.91 million shares valued at $22.05 million. The investor’s holdings represent 6.5692% of the REAL Shares outstanding. As of 2024-06-30, the second largest holder is WOODSON CAPITAL MANAGEMENT, LP with 5.25 million shares valued at $16.75 million to account for 4.9899 of the shares outstanding. The other top investors are UBS GROUP AG which holds 5.17 million shares representing 4.9149% and valued at over $16.5 million, while VANGUARD GROUP INC holds 4.38 of the shares totaling 4.61 million with a market value of $14.7 million.

Therealreal Inc (REAL) Insider Activity

The most recent transaction is an insider sale by KATZ KAREN, the company’s Director. SEC filings show that KATZ KAREN sold 33,000 shares of the company’s common stock on Aug 28 ’24 at a price of $2.62 per share for a total of $86460.0. Following the sale, the insider now owns 0.2 million shares.

Still, SEC filings show that on Aug 20 ’24, Lo Steve Ming (SVP, Chief Accounting Officer) disposed off 20,610 shares at an average price of $2.61 for $53759.0. The insider now directly holds 508,528 shares of Therealreal Inc (REAL).

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