Revolve Group (NYSE:RVLV) CEO Michael Mente Sells 49,882 Shares of Stock

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Mente sold 49,882 shares of Revolve Group stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $28.57, for a total transaction of $1,425,128.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• 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 Monday, January 26th, Michael Mente sold 32,709 shares of Revolve Group stock. The shares were sold at an average price of $29.76, for a total transaction of $973,419.84.
• On Friday, January 9th, Michael Mente sold 68,995 shares of Revolve Group stock. The stock was 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 shares were sold at an average price of $31.16, for a total value of $2,254,020.92.
• On Monday, December 22nd, Michael Mente sold 63,045 shares of Revolve Group stock. The stock was sold at an average price of $29.67, for a total value of $1,870,545.15.
• On Friday, December 19th, Michael Mente sold 78,619 shares of Revolve Group stock. The stock was sold at an average price of $28.78, for a total value of $2,262,654.82.
• On Thursday, December 18th, Michael Mente sold 88,444 shares of Revolve Group stock. The shares were 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 stock was 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 shares were sold at an average price of $26.67, for a total value of $3,041,020.08.

Revolve Group Trading Down 1.7%

RVLV stock opened at $28.56 on Thursday. The stock has a market cap of $2.04 billion, a P/E ratio of 37.57, a PEG ratio of 2.78 and a beta of 1.75. Revolve Group, Inc. has a twelve month low of $16.80 and a twelve month high of $32.58. The company’s 50 day moving average is $28.46 and its two-hundred day moving average is $24.15.

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

Hedge Funds Weigh In On Revolve Group

Several institutional investors have recently bought and sold shares of RVLV. State of Alaska Department of Revenue purchased a new position in Revolve Group during the 3rd quarter worth $46,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych acquired a new position in shares of Revolve Group during the second quarter worth about $60,000. Elevation Point Wealth Partners LLC purchased a new position in Revolve Group during the second quarter worth about $68,000. Quarry LP lifted its position in Revolve Group by 6,932.1% in the third quarter. Quarry LP now owns 3,727 shares of the company’s stock valued at $79,000 after purchasing an additional 3,674 shares during the period. Finally, Logan Capital Management Inc. lifted its position in Revolve Group by 35.5% in the second quarter. Logan Capital Management Inc. now owns 5,579 shares of the company’s stock valued at $112,000 after purchasing an additional 1,463 shares during the period. 67.60% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. 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 note on Wednesday, November 5th. Evercore ISI restated a “mixed” rating on shares of Revolve Group in a research report on Wednesday, November 5th. Guggenheim assumed coverage on shares of Revolve Group in a research report on Tuesday, December 9th. They issued a “neutral” rating for the company. KeyCorp increased their price target on shares of Revolve Group from $25.00 to $35.00 and gave the stock an “overweight” rating in a research note on Thursday, January 22nd. Finally, Morgan Stanley lifted their price objective on shares of Revolve Group from $26.00 to $27.00 and gave the company 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 given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target 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.