William Blair Investment Management LLC Boosts Position in Revolve Group, Inc. $RVLV

William Blair Investment Management LLC lifted its holdings in Revolve Group, Inc. (NYSE:RVLV) by 3.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,841,578 shares of the company’s stock after acquiring an additional 65,843 shares during the period. William Blair Investment Management LLC owned approximately 2.58% of Revolve Group worth $39,226,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. State of Alaska Department of Revenue purchased a new position in Revolve Group in the third quarter valued at about $46,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Revolve Group in the second quarter valued at about $68,000. Atlantic Union Bankshares Corp purchased a new stake in shares of Revolve Group during the 3rd quarter valued at about $125,000. Quantbot Technologies LP purchased a new stake in shares of Revolve Group during the 2nd quarter valued at about $159,000. Finally, Police & Firemen s Retirement System of New Jersey lifted its position in Revolve Group by 15.5% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 9,156 shares of the company’s stock worth $184,000 after acquiring an additional 1,231 shares in the last quarter. Institutional investors and hedge funds own 67.60% of the company’s stock.

Wall Street Analysts Forecast Growth

RVLV has been the topic of a number of analyst reports. Roth Mkm reissued a “buy” rating and set a $33.00 target price (up from $30.00) on shares of Revolve Group in a research report on Wednesday, February 25th. Guggenheim initiated coverage on shares of Revolve Group in a research note on Tuesday, December 9th. They set a “neutral” rating on the stock. Robert W. Baird set a $29.00 price objective on shares of Revolve Group in a report on Wednesday, December 17th. Morgan Stanley set a $28.00 target price on Revolve Group in a research note on Wednesday. Finally, KeyCorp reaffirmed an “overweight” rating on shares of Revolve Group in a research report on Wednesday. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Revolve Group has a consensus rating of “Moderate Buy” and a consensus target price of $29.50.

Revolve Group Stock Performance

RVLV opened at $25.10 on Monday. The company has a market capitalization of $1.79 billion, a P/E ratio of 29.53, a PEG ratio of 2.51 and a beta of 1.78. The company has a 50-day moving average of $28.33 and a 200-day moving average of $24.96. Revolve Group, Inc. has a 1-year low of $16.80 and a 1-year high of $31.68.

Revolve Group (NYSE:RVLV) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.10. Revolve Group had a return on equity of 12.12% and a net margin of 5.03%.The firm had revenue of $324.37 million during the quarter, compared to analyst estimates of $305.83 million. During the same period in the previous year, the company earned $0.17 earnings per share. Revolve Group’s quarterly revenue was up 10.4% on a year-over-year basis. As a group, sell-side analysts expect that Revolve Group, Inc. will post 0.6 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Revolve Group news, CEO Michael Mente sold 114,024 shares of the stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $26.67, for a total transaction of $3,041,020.08. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders have sold a total of 780,928 shares of company stock valued at $22,565,084 over the last three months. Insiders own 46.56% of the company’s stock.

Revolve Group Profile

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.