In a filing, Therealreal Inc revealed its SVP, Chief Accounting Officer Lo Steve Ming unloaded Company’s shares for reported $0.59 million on Dec 02 ’24. In the deal valued at $6.10 per share,96,666 shares were sold. As a result of this transaction, Lo Steve Ming now holds 391,525 shares worth roughly $2.52 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Lo Steve Ming sold 37,931 shares, generating $223,762 in total proceeds. Upon selling the shares at $5.90, the SVP, Chief Accounting Officer now owns 353,594 shares.
Before that, Lo Steve Ming bought 37,931 shares. Therealreal Inc shares valued at $223,781 were divested by the Officer at a price of $5.90 per share.
Northland Capital initiated its Therealreal Inc [REAL] rating to an Outperform in a research note published on September 16, 2024; the price target was $6. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in early January from “an Outperform” to “a Neutral”. BofA Securities also remained covering REAL and has increased its forecast on June 29, 2023 with a “Buy” recommendation from previously “an Underperform” rating. Wells Fargo revised its rating on January 06, 2023. It rated REAL as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of REAL
On Friday, Therealreal Inc [NASDAQ:REAL] saw its stock jump 5.23% to $6.44. Over the last five days, the stock has gained 9.52%. Therealreal Inc shares have risen nearly 220.40% since the year began. Nevertheless, the stocks have risen 171.73% over the past one year. While a 52-week high of $6.38 was reached on 12/06/24, a 52-week low of $1.52 was recorded on 02/26/24. SMA at 50 days reached $3.87, while 200 days put it at $3.45.
Levels Of Support And Resistance For REAL Stock
The 24-hour chart illustrates a support level at 6.25, which if violated will result in even more drops to 6.06. On the upside, there is a resistance level at 6.60. A further resistance level may holdings at 6.76. The Relative Strength Index (RSI) on the 14-day chart is 86.79, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 4.85%. Stochastics %K at 94.83% indicates the stock is a selling.
How much short interest is there in Therealreal Inc?
A steep rise in short interest was recorded in Therealreal Inc stocks on 2024-11-15, dropping by -3.47 million shares to a total of 16.64 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 20.1 million shares. There was a decline of -20.85%, which implies that there is a negative sentiment for the stock.
