London Co. of Virginia Sells 42,351 Shares of Revolve Group, Inc. $RVLV

London Co. of Virginia lowered its holdings in shares of Revolve Group, Inc. (NYSE:RVLV) by 3.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,061,837 shares of the company’s stock after selling 42,351 shares during the period. London Co. of Virginia’s holdings in Revolve Group were worth $32,057,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of RVLV. AQR Capital Management LLC boosted its holdings in shares of Revolve Group by 94.7% during 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 period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Revolve Group by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,773 shares of the company’s stock worth $489,000 after purchasing an additional 964 shares during the period. Caxton Associates LLP purchased a new stake in shares of Revolve Group during the first quarter worth about $232,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Revolve Group by 10.3% during the first 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 purchasing an additional 10,146 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Revolve Group by 13.0% during the second quarter. JPMorgan Chase & Co. now owns 41,501 shares of the company’s stock worth $832,000 after purchasing an additional 4,781 shares during the period. Hedge funds and other institutional investors own 67.60% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on RVLV shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Revolve Group in a report on Tuesday, April 21st. Morgan Stanley set a $27.00 target price on shares of Revolve Group in a report on Wednesday, May 6th. Roth Mkm reiterated a “buy” rating and set a $33.00 target price (up from $30.00) on shares of Revolve Group in a report on Wednesday, February 25th. KeyCorp dropped their target price on shares of Revolve Group from $35.00 to $32.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Finally, Wall Street Zen lowered shares of Revolve Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $29.33.

Revolve Group Trading Up 2.2%

Shares of RVLV opened at $21.23 on Wednesday. The firm’s 50-day moving average price is $21.95 and its 200-day moving average price is $25.01. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 23.85, a PEG ratio of 2.24 and a beta of 1.67. Revolve Group, Inc. has a 1-year low of $17.35 and a 1-year high of $31.68.

Revolve Group (NYSE:RVLV) last announced its earnings results on Tuesday, May 5th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. The firm had revenue of $342.88 million for the quarter, compared to analyst estimates of $328.84 million. Revolve Group had a net margin of 5.05% and a return on equity of 12.17%. The company’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.16 EPS. On average, research analysts forecast that Revolve Group, Inc. will post 0.86 EPS for the current fiscal year.

Insider Buying and Selling at Revolve Group

In other news, CEO Michael Mente sold 15,640 shares of Revolve Group stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $26.00, for a total transaction of $406,640.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 135,213 shares of company stock worth $3,555,075. Insiders own 42.67% 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.