---
title: "Investment Advisor Sells $5.9 Million Worth of REAL, According to Latest SEC Filing"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286914220.md"
description: "Kanen Wealth Management LLC sold 466,403 shares of The RealReal (NASDAQ:REAL) for approximately $5.90 million, as disclosed in a May 15, 2026 SEC filing. This sale reduced their position by 2.12% and the quarter-end value decreased by $16.70 million. Despite a 40% year-to-date decline, REAL shares have increased 527% over three years, outperforming the S&P 500. Investors are advised to consider other top stocks recommended by analysts."
datetime: "2026-05-19T12:40:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286914220.md)
  - [en](https://longbridge.com/en/news/286914220.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286914220.md)
---

# Investment Advisor Sells $5.9 Million Worth of REAL, According to Latest SEC Filing

## Key Points

-   Sold 466,403 shares, with estimated transaction value of $5.90 million (based on quarterly average price)
-   Quarter-end position value decreased by $16.70 million, reflecting both trading and share price movement
-   Transaction represented a 2.12% reduction in 13F reportable assets under management
-   Post-trade stake: 1,391,907 shares valued at $12.64 million
-   Position now 4.55% of fund AUM, which places it outside the fund's top five holdings
-   10 stocks we like better than RealReal ›

On May 15, 2026, Kanen Wealth Management LLC disclosed it sold 466,403 shares of **The RealReal** (NASDAQ:REAL), an estimated $5.90 million trade based on the quarterly average price.

This online marketplace specializes in authenticated, consigned luxury goods for U.S. consumers seeking sustainable shopping options.

## What happened

Kanen Wealth Management LLC disclosed in a May 15, 2026, SEC filing that it sold 466,403 shares of The RealReal during the first quarter. The estimated value of these sales was approximately $5.90 million, based on the mean unadjusted closing price for the quarter. The quarter-end value of the position declined by $16.70 million, reflecting both trading and price movements.

## What else to know

After the sales, The RealReal represented 4.55% of Kanen's reportable assets under management

Top holdings after the filing:

-   NYSE: COMP: $46.85 million (16.8% of AUM)
-   NASDAQ: ALLT: $30.99 million (11.1% of AUM)
-   NYSE: BNED: $30.23 million (10.9% of AUM)
-   NASDAQ: POWW: $23.50 million (8.5% of AUM)
-   NASDAQ: INSE: $19.12 million (6.9% of AUM)

As of May 15, 2026, shares of The RealReal were priced at $9.06, up 71.9% over the past year, outperforming the S&P 500 by 46.71 percentage points

## Company overview

Metric

Value

Price (as of market close 2026-05-15)

$9.06

Market Capitalization

$2.62 billion

Revenue (TTM)

$722.53 million

Net Income (TTM)

($65.26 million)

## Company snapshot

-   Offers an online marketplace for consigned luxury goods, including women's, men's, and kids’ clothing, jewelry, watches, home, and art products.
-   Targets consumers seeking authenticated, pre-owned luxury goods, with a primary customer base in the United States.
-   Leverages a scalable digital platform and expert authentication to differentiate itself in the luxury resale market.

The RealReal is a leading online marketplace specializing in authenticated, consigned luxury goods. The company focuses on trust and quality to capture the growing demand for sustainable, value-driven luxury shopping.

## What this transaction means for investors

Kanen Wealth Management, a Florida-based investment advisory firm, recently disclosed the sale of approximately 466,000 shares of RealReal (REAL) stock, valued at approximately $5.9 million, during the first quarter (the three months ended March 31, 2026). Here are some key takeaways for investors.

First, it’s important to get a grasp on REAL’s performance over the last few years. Shares have advanced 527% over the last three years, equating to a compound annual growth rate (CAGR) of 84.4%. That far exceeds the benchmark S&P 500, which has generated a total return of 83% over the same period, with a CAGR of 22.3%.

Yet, while REAL stock has delivered massive returns, they haven’t been without volatility. Indeed, year to date, shares have plummeted by 40%.

Nevertheless, REAL recently delivered an upbeat earnings report that surpassed many analyst expectations. Quarterly revenue increased to $465.6 million, representing 19% year-over-year growth.

In summary, growth-oriented investors may want to take a closer look at REAL stock. While the stock has suffered a nearly 40% pullback so far this year, its recent earnings report suggests the company remains a solid growth story.

## Should you buy stock in RealReal right now?

Before you buy stock in RealReal, consider this:

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_\*Stock Advisor returns as of May 19, 2026._

_Jake Lerch has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy._

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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