Therealreal Inc (NASDAQ:REAL) shares traded -30.73% lower at $5.05 on Wall Street last session.
REAL stock price is now -12.64% away from the 50-day moving average and -7.56% away from the 200-day moving average. The market capitalization of the company currently stands at $571.10M.
With the price target enhanced from $4 to $15, Wells Fargo Upgraded its rating from Equal Weight to Overweight for Therealreal Inc (NASDAQ: REAL). On September 16, 2024, Northland Capital recently initiated its ‘Outperform’ rating on the stock quoting a target price of $6, while ‘Robert W. Baird’ rates the stock as ‘Neutral’
In other news, Madan Gopal Ajay, Chief Financial Officer sold 51,425 shares of the company’s stock on Mar 18 ’25. The stock was sold for $299,376 at an average price of $5.82. Upon completion of the transaction, the Chief Financial Officer now directly owns 1,275,773 shares in the company, valued at $6.44 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 20 ’25, Chief Financial Officer Madan Gopal Ajay sold 102,386 shares of the business’s stock. A total of $706,013 was realized by selling the stock at an average price of $6.90. This leaves the insider owning 1,327,198 shares of the company worth $6.7 million. A total of 20.23% of the company’s stock is owned by insiders.
During the past 12 months, Therealreal Inc has had a low of $2.24 and a high of $11.38.
The company reported revenue of $160.03 million for the quarter, compared to $143.8 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.29 percent.
