Revolve Group (NYSE:RVLV) CEO Sells $406,640.00 in Stock

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Mente sold 15,640 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $26.00, for a total transaction of $406,640.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Tuesday, April 28th, Michael Mente sold 42,678 shares of Revolve Group stock. The shares were sold at an average price of $26.35, for a total transaction of $1,124,565.30.
• On Monday, April 27th, Michael Mente sold 60,923 shares of Revolve Group stock. The shares were sold at an average price of $26.43, for a total transaction of $1,610,194.89.
• On Thursday, April 9th, Michael Mente sold 15,972 shares of Revolve Group stock. The shares were sold at an average price of $25.90, for a total transaction of $413,674.80.
• On Wednesday, February 11th, Michael Mente sold 15,645 shares of Revolve Group stock. The shares were sold at an average price of $26.13, for a total transaction of $408,803.85.

Revolve Group Trading Down 1.9%

Shares of RVLV stock traded down $0.51 during trading hours on Wednesday, reaching $25.79. The stock had a trading volume of 1,265,245 shares, compared to its average volume of 1,026,691. The stock’s fifty day simple moving average is $24.35 and its 200 day simple moving average is $25.49. Revolve Group, Inc. has a 12 month low of $16.80 and a 12 month high of $31.68. The firm has a market capitalization of $1.84 billion, a PE ratio of 30.34, a PEG ratio of 2.64 and a beta of 1.80.

Revolve Group (NYSE:RVLV) last released its quarterly earnings data on Tuesday, February 24th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.10. Revolve Group had a net margin of 5.03% and a return on equity of 12.12%. The company had revenue of $324.37 million during the quarter, compared to analyst estimates of $305.83 million. During the same period last year, the business earned $0.17 earnings per share. Revolve Group’s revenue was up 10.4% compared to the same quarter last year. As a group, equities research analysts anticipate that Revolve Group, Inc. will post 0.87 EPS for the current fiscal year.

Institutional Investors Weigh In On Revolve Group

A number of hedge funds have recently made changes to their positions in RVLV. Fuller & Thaler Asset Management Inc. bought a new stake in shares of Revolve Group in the 4th quarter worth approximately $59,421,000. Cooper Creek Partners Management LLC purchased a new position in shares of Revolve Group in the third quarter worth $22,164,000. Balyasny Asset Management L.P. increased its stake in shares of Revolve Group by 830.9% in the second quarter. Balyasny Asset Management L.P. now owns 1,009,877 shares of the company’s stock worth $20,248,000 after buying an additional 901,396 shares during the period. Marshall Wace LLP increased its stake in shares of 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 buying an additional 486,616 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Revolve Group by 9.2% in the fourth quarter. Vanguard Group Inc. now owns 4,299,273 shares of the company’s stock worth $129,795,000 after buying an additional 360,598 shares during the period. 67.60% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Morgan Stanley set a $28.00 target price on shares of Revolve Group in a research report on Wednesday, February 25th. Roth Mkm reiterated 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. TD Cowen reiterated a “buy” rating on shares of Revolve Group in a research report on Wednesday, February 25th. UBS Group set a $27.00 target price on shares of Revolve Group in a research report on Tuesday, January 13th. Finally, Zacks Research lowered shares of Revolve Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $29.50.

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.