Revolve Group (NYSE:RVLV) CEO Sells $2,512,694.04 in Stock

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Mente sold 88,444 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $28.41, for a total value of $2,512,694.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Monday, December 22nd, Michael Mente sold 63,045 shares of Revolve Group stock. The shares were sold at an average price of $29.67, for a total value of $1,870,545.15.
• On Friday, December 19th, Michael Mente sold 78,619 shares of Revolve Group stock. The stock was sold at an average price of $28.78, for a total value of $2,262,654.82.
• On Thursday, December 4th, Michael Mente sold 41,563 shares of Revolve Group stock. The stock was sold at an average price of $26.02, for a total value of $1,081,469.26.
• On Wednesday, December 3rd, Michael Mente sold 114,024 shares of Revolve Group stock. The shares were sold at an average price of $26.67, for a total transaction of $3,041,020.08.
• On Tuesday, December 2nd, Michael Mente sold 23,152 shares of Revolve Group stock. The stock was sold at an average price of $25.94, for a total transaction of $600,562.88.

Revolve Group Price Performance

Shares of RVLV stock opened at $29.83 on Thursday. The company has a fifty day moving average price of $24.26 and a two-hundred day moving average price of $22.52. Revolve Group, Inc. has a one year low of $16.80 and a one year high of $34.39. The stock has a market cap of $2.13 billion, a P/E ratio of 39.25, a P/E/G ratio of 3.31 and a beta of 1.84.

Revolve Group (NYSE:RVLV) last issued its earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.13. Revolve Group had a net margin of 4.64% and a return on equity of 11.26%. The company had revenue of $295.63 million for the quarter, compared to analysts’ expectations of $297.36 million. During the same period in the prior year, the firm earned $0.15 EPS. Revolve Group’s quarterly revenue was up 4.4% compared to the same quarter last year. As a group, equities research analysts anticipate that Revolve Group, Inc. will post 0.6 EPS for the current fiscal year.

Institutional Trading of Revolve Group

Several hedge funds and other institutional investors have recently bought and sold shares of RVLV. Vanguard Group Inc. grew its position in shares of Revolve Group by 2.6% during the 1st quarter. Vanguard Group Inc. now owns 3,930,620 shares of the company’s stock worth $84,469,000 after purchasing an additional 98,413 shares in the last quarter. William Blair Investment Management LLC raised its position in shares of Revolve Group by 3.7% in the third quarter. William Blair Investment Management LLC now owns 1,841,578 shares of the company’s stock valued at $39,226,000 after buying an additional 65,843 shares in the last quarter. Balyasny Asset Management L.P. boosted its stake in shares of Revolve Group by 18.4% in the third quarter. Balyasny Asset Management L.P. now owns 1,196,171 shares of the company’s stock valued at $25,478,000 after buying an additional 186,294 shares during the period. Cooper Creek Partners Management LLC acquired a new stake in Revolve Group during the third quarter worth approximately $22,164,000. Finally, Marshall Wace LLP increased its stake in Revolve Group by 89.3% during the 3rd quarter. Marshall Wace LLP now owns 1,031,294 shares of the company’s stock worth $21,967,000 after acquiring an additional 486,616 shares during the period. Institutional investors and hedge funds own 67.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on RVLV. Zacks Research cut Revolve Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Barclays upped their price objective on shares of Revolve Group from $23.00 to $24.00 and gave the company an “equal weight” rating in a report on Wednesday, November 5th. Wall Street Zen lowered shares of Revolve Group from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Morgan Stanley lifted their target price on shares of Revolve Group from $24.00 to $26.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 5th. Finally, Stifel Nicolaus upped their price target on shares of Revolve Group from $28.00 to $33.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Nine analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $27.14.

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.