The RealReal, Inc. (NASDAQ:REAL) Shares Acquired by Woodson Capital Management LP

Woodson Capital Management LP lifted its holdings in shares of The RealReal, Inc. (NASDAQ:REAL) by 2.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,400,000 shares of the company’s stock after purchasing an additional 150,000 shares during the quarter. RealReal comprises about 3.3% of Woodson Capital Management LP’s holdings, making the stock its 14th biggest holding. Woodson Capital Management LP’s holdings in RealReal were worth $16,956,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of RealReal by 0.4% during the first quarter. Vanguard Group Inc. now owns 4,101,935 shares of the company’s stock worth $16,039,000 after purchasing an additional 18,352 shares in the last quarter. Capricorn Fund Managers Ltd lifted its position in shares of RealReal by 40.4% during the third quarter. Capricorn Fund Managers Ltd now owns 1,406,738 shares of the company’s stock worth $4,417,000 after purchasing an additional 404,949 shares in the last quarter. Crestwood Capital Management L.P. raised its holdings in RealReal by 20.6% in the third quarter. Crestwood Capital Management L.P. now owns 1,193,501 shares of the company’s stock valued at $3,748,000 after acquiring an additional 204,226 shares in the last quarter. Anthracite Investment Company Inc. raised its holdings in RealReal by 62.0% in the third quarter. Anthracite Investment Company Inc. now owns 745,304 shares of the company’s stock valued at $2,340,000 after acquiring an additional 285,304 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in RealReal in the second quarter valued at approximately $1,563,000. Institutional investors and hedge funds own 64.73% of the company’s stock.

RealReal Stock Performance

Shares of REAL opened at $5.76 on Friday. The company’s 50 day simple moving average is $3.57 and its 200-day simple moving average is $3.38. The RealReal, Inc. has a 12-month low of $1.52 and a 12-month high of $5.82.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. UBS Group raised their target price on shares of RealReal from $3.00 to $3.25 and gave the company a “neutral” rating in a report on Tuesday, November 5th. Northland Capmk raised shares of RealReal to a “strong-buy” rating in a report on Monday, September 16th. Robert W. Baird cut their price objective on shares of RealReal from $4.00 to $3.50 and set a “neutral” rating on the stock in a report on Wednesday, August 7th. Northland Securities assumed coverage on shares of RealReal in a report on Monday, September 16th. They set an “outperform” rating and a $6.00 price objective on the stock. Finally, Wedbush cut their price objective on shares of RealReal from $4.50 to $4.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $4.46.

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.