Revolve Group (NYSE:RVLV) Trading Down 7.6% – What’s Next?

Revolve Group, Inc. (NYSE:RVLV)’s share price dropped 7.6% during mid-day trading on Monday . The stock traded as low as $19.35 and last traded at $19.2730. Approximately 586,226 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 1,072,131 shares. The stock had previously closed at $20.86.

Analyst Ratings Changes

RVLV has been the topic of several recent research reports. Morgan Stanley set a $27.00 price target on Revolve Group in a report on Wednesday, May 6th. 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. UBS Group decreased their price target on Revolve Group from $31.00 to $28.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Piper Sandler decreased their price target on Revolve Group from $30.00 to $27.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Finally, Raymond James Financial set a $28.00 price target on Revolve Group in a report on Wednesday, May 6th. Eight investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.33.

Revolve Group Stock Down 10.6%

The stock has a market cap of $1.33 billion, a P/E ratio of 20.96, a PEG ratio of 2.25 and a beta of 1.76. The stock has a fifty day simple moving average of $24.14 and a 200-day simple moving average of $25.56.

Revolve Group (NYSE:RVLV) last issued its earnings results on Tuesday, May 5th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. Revolve Group had a return on equity of 12.17% and a net margin of 5.05%.The firm had revenue of $342.88 million for the quarter, compared to analysts’ expectations of $328.84 million. During the same quarter last year, the business earned $0.16 earnings per share. The company’s revenue was up 15.6% compared to the same quarter last year. Sell-side analysts anticipate that Revolve Group, Inc. will post 0.86 earnings per share for the current year.

Insider Activity

In other news, CEO Michael Karanikolas sold 1,948 shares of Revolve Group stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $25.93, for a total transaction of $50,511.64. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Michael Mente sold 60,923 shares of Revolve Group stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $26.43, for a total value of $1,610,194.89. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 152,806 shares of company stock worth $4,014,390 in the last quarter. 42.67% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Revolve Group

Several institutional investors have recently modified their holdings of RVLV. Vanguard Group Inc. increased its position in shares of Revolve Group by 9.2% during the 4th quarter. Vanguard Group Inc. now owns 4,299,273 shares of the company’s stock worth $129,795,000 after purchasing an additional 360,598 shares during the last quarter. William Blair Investment Management LLC increased its position in shares of Revolve Group by 16.6% during the 4th quarter. William Blair Investment Management LLC now owns 2,148,125 shares of the company’s stock worth $64,852,000 after purchasing an additional 306,547 shares during the last quarter. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Revolve Group during the 4th quarter worth approximately $59,421,000. Balyasny Asset Management L.P. increased its position in shares of Revolve Group by 55.7% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,862,955 shares of the company’s stock worth $56,243,000 after purchasing an additional 666,784 shares during the last quarter. Finally, Marshall Wace LLP increased its position in shares of Revolve Group by 44.4% during the 4th quarter. Marshall Wace LLP now owns 1,489,581 shares of the company’s stock worth $44,970,000 after purchasing an additional 458,287 shares during the last quarter. Institutional investors own 67.60% of the company’s stock.

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.