Yahoo Finance Insider Sale: Director Niki Leondakis Sells 59,474 Shares of The RealReal Inc (REAL)
On June 12, 2024, Niki Leondakis, a Director at The RealReal Inc (NASDAQ:REAL), sold 59,474 shares of the company, according to the SEC Filing. Following this transaction, the insider now owns 125,713 shares of the company.
The RealReal Inc (NASDAQ:REAL) is an authenticated luxury consignment company. It offers consigned clothing, fine jewelry, watches, fine art, and home decor. The company operates an e-commerce platform where these luxury goods are sold, providing a trusted end-to-end service for both consignors and buyers.
Over the past year, the insider transaction history at The RealReal Inc (NASDAQ:REAL) reveals a pattern of more insider selling than buying. There have been 14 insider sells and only 3 insider buys during this period.
Shares of The RealReal Inc (NASDAQ:REAL) were trading at $3.62 on the day of the transaction. The company has a market cap of $341.221 million. According to the GF Value, the stock is currently Significantly Overvalued with a price-to-GF-Value ratio of 1.54.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the companys past performance and expected future business results.
This recent sale by the insider might be of interest to current and potential investors, providing insight into insider confidence and valuation perspectives at The RealReal Inc (NASDAQ:REAL).
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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