Perbak Capital Partners LLP Increases Stake in Revolve Group, Inc. $RVLV

Perbak Capital Partners LLP lifted its position in Revolve Group, Inc. (NYSE:RVLV) by 56.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 61,739 shares of the company’s stock after acquiring an additional 22,186 shares during the quarter. Perbak Capital Partners LLP owned 0.09% of Revolve Group worth $1,315,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. William Blair Investment Management LLC grew its holdings in Revolve Group by 3.7% during the 3rd quarter. William Blair Investment Management LLC now owns 1,841,578 shares of the company’s stock valued at $39,226,000 after purchasing an additional 65,843 shares during the last quarter. Marshall Wace LLP lifted its stake in Revolve Group by 89.3% in the third quarter. Marshall Wace LLP now owns 1,031,294 shares of the company’s stock worth $21,967,000 after purchasing an additional 486,616 shares during the last quarter. Balyasny Asset Management L.P. boosted its position in shares of Revolve Group by 830.9% during the second quarter. Balyasny Asset Management L.P. now owns 1,009,877 shares of the company’s stock valued at $20,248,000 after buying an additional 901,396 shares during the period. Geode Capital Management LLC boosted its position in shares of Revolve Group by 5.9% during the second quarter. Geode Capital Management LLC now owns 935,784 shares of the company’s stock valued at $18,764,000 after buying an additional 52,049 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Revolve Group by 1.4% during the third quarter. Dimensional Fund Advisors LP now owns 819,381 shares of the company’s stock valued at $17,455,000 after buying an additional 11,678 shares during the period. 67.60% of the stock is owned by hedge funds and other institutional investors.

Revolve Group Stock Up 0.3%

Shares of NYSE:RVLV opened at $22.91 on Friday. Revolve Group, Inc. has a 52-week low of $16.80 and a 52-week high of $31.68. The stock has a market cap of $1.64 billion, a P/E ratio of 26.96, a price-to-earnings-growth ratio of 2.29 and a beta of 1.77. The business’s 50 day moving average is $27.14 and its 200 day moving average is $25.09.

Revolve Group (NYSE:RVLV) last issued its earnings results on Tuesday, February 24th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.10. Revolve Group had a return on equity of 12.12% and a net margin of 5.03%.The business 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 posted $0.17 EPS. Revolve Group’s revenue was up 10.4% on a year-over-year basis. On average, sell-side analysts anticipate that Revolve Group, Inc. will post 0.6 EPS for the current fiscal year.

Insider Activity at Revolve Group

In other news, CEO Michael Mente sold 88,444 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $28.41, for a total transaction of $2,512,694.04. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders sold a total of 602,189 shares of company stock worth $17,842,032 in the last 90 days. Company insiders own 43.82% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on RVLV. Roth Mkm reiterated a “buy” rating and issued a $33.00 price target (up from $30.00) on shares of Revolve Group in a report on Wednesday, February 25th. Robert W. Baird set a $29.00 price objective on Revolve Group in a report on Wednesday, December 17th. Wall Street Zen raised Revolve Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Morgan Stanley set a $28.00 target price on Revolve Group in a research note on Wednesday, February 25th. Finally, Zacks Research downgraded Revolve Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. Eight research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $29.50.

Revolve Group Company 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.