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SAN FRANCISCO—TheRealReal, Inc. (NASDAQ:REAL) Chief Financial Officer Madan Gopal Ajay recently sold a significant portion of his holdings in the company. On March 18, Ajay sold 51,425 shares of common stock at an average price of $5.8216 per share, resulting in a total transaction value of approximately $299,375. The stock, currently trading at $6.30, has shown remarkable volatility, gaining over 90% in the past six months despite being considered overvalued according to InvestingPro Fair Value estimates.
This transaction was part of a routine process to satisfy withholding taxes related to the vesting of an equity award, as noted in the company’s filings. Following the sale, Ajay retains ownership of 1,275,773 shares of TheRealReal, Inc., maintaining significant exposure to the company, which boasts impressive gross profit margins of 74.5%.
TheRealReal, Inc. is a prominent player in the online luxury consignment space, and such insider transactions are closely monitored by investors for potential insights into the company’s financial health and executive sentiment. With a market capitalization of approximately $700 million and revenue growth of 9.3% in the last twelve months, the company shows mixed signals. Discover more comprehensive insights and 8 additional ProTips with InvestingPro.
In other recent news, Real Brokerage Inc. reported impressive fourth-quarter results, surpassing analyst expectations. The company’s Q4 revenue reached $350.6 million, significantly above the consensus estimate of $295.91 million. Adjusted earnings per share showed a loss of $0.03, which was narrower than the anticipated loss of $0.05 per share. Real Brokerage experienced a 93% year-over-year revenue increase, driven by a 99% rise in closed transactions totaling 35,370. The total value of completed real estate transactions reached $14.6 billion, marking a 115% increase from the previous year. The company also reported a substantial growth in its agent platform, ending the quarter with 24,140 agents, a 77% increase from Q4 2023. By early March 2025, the number of agents rose further to approximately 26,200. For the full year 2024, Real Brokerage’s revenue grew 84% to $1.26 billion, with 120,601 transactions closed, reflecting an 81% increase from the prior year.
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