Michael Mente Sells 32,709 Shares of Revolve Group (NYSE:RVLV) Stock

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Mente sold 32,709 shares of Revolve Group stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $29.76, for a total value of $973,419.84. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Michael Mente also recently made the following trade(s):

• On Wednesday, January 28th, Michael Mente sold 49,882 shares of Revolve Group stock. The stock was sold at an average price of $28.57, for a total transaction of $1,425,128.74.
• On Tuesday, January 27th, Michael Mente sold 56,419 shares of Revolve Group stock. The shares were sold at an average price of $29.09, for a total transaction of $1,641,228.71.
• On Friday, January 9th, Michael Mente sold 68,995 shares of Revolve Group stock. The shares were sold at an average price of $30.68, for a total transaction of $2,116,766.60.
• On Thursday, January 8th, Michael Mente sold 52,864 shares of Revolve Group stock. The stock was sold at an average price of $31.32, for a total transaction of $1,655,700.48.
• On Wednesday, January 7th, Michael Mente sold 72,337 shares of Revolve Group stock. The stock was sold at an average price of $31.16, for a total transaction of $2,254,020.92.
• On Monday, December 22nd, Michael Mente sold 63,045 shares of Revolve Group stock. The shares were sold at an average price of $29.67, for a total transaction of $1,870,545.15.
• On Friday, December 19th, Michael Mente sold 78,619 shares of Revolve Group stock. The shares were sold at an average price of $28.78, for a total transaction of $2,262,654.82.
• On Thursday, December 18th, Michael Mente sold 88,444 shares of Revolve Group stock. The stock was sold at an average price of $28.41, for a total value of $2,512,694.04.
• On Thursday, December 4th, Michael Mente sold 41,563 shares of Revolve Group stock. The shares were sold at an average price of $26.02, for a total value of $1,081,469.26.
• On Wednesday, December 3rd, Michael Mente sold 114,024 shares of Revolve Group stock. The stock was sold at an average price of $26.67, for a total value of $3,041,020.08.

Revolve Group Price Performance

NYSE RVLV traded down $0.51 during trading on Wednesday, reaching $28.56. The company’s stock had a trading volume of 695,150 shares, compared to its average volume of 777,240. The stock has a market capitalization of $2.04 billion, a PE ratio of 37.57, a P/E/G ratio of 2.78 and a beta of 1.75. The firm has a fifty day moving average of $28.46 and a 200 day moving average of $24.15. Revolve Group, Inc. has a one year low of $16.80 and a one year high of $32.58.

Revolve Group (NYSE:RVLV) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.13. Revolve Group had a return on equity of 11.26% and a net margin of 4.64%.The firm had revenue of $295.63 million during the quarter, compared to the consensus estimate of $297.36 million. During the same quarter last year, the company posted $0.15 EPS. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. Research analysts expect that Revolve Group, Inc. will post 0.6 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Revolve Group

Several institutional investors and hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC grew its holdings in shares of Revolve Group by 94.7% in the first quarter. AQR Capital Management LLC now owns 24,242 shares of the company’s stock worth $521,000 after purchasing an additional 11,793 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Revolve Group by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,773 shares of the company’s stock valued at $489,000 after buying an additional 964 shares during the period. Caxton Associates LLP purchased a new stake in Revolve Group during the 1st quarter valued at $232,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Revolve Group by 10.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 109,066 shares of the company’s stock worth $2,344,000 after acquiring an additional 10,146 shares during the last quarter. Finally, Precision Wealth Strategies LLC increased its position in shares of Revolve Group by 12.0% in the second quarter. Precision Wealth Strategies LLC now owns 15,322 shares of the company’s stock valued at $307,000 after acquiring an additional 1,644 shares during the period. Institutional investors own 67.60% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on RVLV. UBS Group set a $27.00 price target on shares of Revolve Group in a research note on Tuesday, January 13th. Jefferies Financial Group reaffirmed a “buy” rating and set a $34.00 price objective on shares of Revolve Group in a report on Thursday, December 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Revolve Group in a research note on Thursday, January 22nd. Roth Mkm restated a “buy” rating and set a $30.00 price target (up previously from $27.00) on shares of Revolve Group in a research report on Wednesday, November 5th. Finally, Morgan Stanley lifted their price target on Revolve Group from $26.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Revolve Group presently has an average rating of “Moderate Buy” and a consensus target price of $27.62.

About Revolve Group

Revolve Group, Inc operates as a leading online fashion retailer primarily serving millennial and Gen Z consumers through its flagship e-commerce platform. The company offers a curated assortment of apparel, accessories and beauty products from more than 500 established and emerging brands, alongside private label labels covering contemporary and premium segments. With a focus on trend-driven merchandise and seamless user experience, the website features shoppable editorial content and digital styling advice aimed at strengthening customer engagement and brand loyalty.

Founded in 2003 and headquartered in Cerritos, California, Revolve has expanded its footprint beyond North America by launching localized sites and logistics centers in Europe and the Middle East.