Revolve Group, Inc. $RVLV Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. reduced its position in shares of Revolve Group, Inc. (NYSE:RVLV) by 34.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 226,228 shares of the company’s stock after selling 121,436 shares during the period. Federated Hermes Inc. owned approximately 0.32% of Revolve Group worth $4,819,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of RVLV. Balyasny Asset Management L.P. lifted its position in shares of Revolve Group by 830.9% during the 2nd quarter. Balyasny Asset Management L.P. now owns 1,009,877 shares of the company’s stock valued at $20,248,000 after acquiring an additional 901,396 shares during the last quarter. William Blair Investment Management LLC raised its position in shares of Revolve Group by 80.2% during the second quarter. William Blair Investment Management LLC now owns 1,775,735 shares of the company’s stock worth $35,603,000 after purchasing an additional 790,205 shares during the period. Marshall Wace LLP lifted its holdings in shares of Revolve Group by 2,036.0% during the second quarter. Marshall Wace LLP now owns 544,678 shares of the company’s stock valued at $10,921,000 after purchasing an additional 519,178 shares during the last quarter. Stephens Investment Management Group LLC boosted its position in shares of Revolve Group by 28.6% in the 2nd quarter. Stephens Investment Management Group LLC now owns 817,980 shares of the company’s stock valued at $16,400,000 after purchasing an additional 181,929 shares during the period. Finally, Qube Research & Technologies Ltd increased its stake in Revolve Group by 56.2% in the 2nd quarter. Qube Research & Technologies Ltd now owns 504,468 shares of the company’s stock worth $10,115,000 after purchasing an additional 181,465 shares in the last quarter. 67.60% of the stock is owned by institutional investors and hedge funds.

Revolve Group Price Performance

Shares of RVLV stock opened at $27.83 on Tuesday. Revolve Group, Inc. has a fifty-two week low of $16.80 and a fifty-two week high of $32.22. The stock’s 50-day moving average is $28.77 and its two-hundred day moving average is $24.31. The firm has a market cap of $1.98 billion, a P/E ratio of 36.61, a PEG ratio of 2.64 and a beta of 1.79.

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

Analyst Upgrades and Downgrades

Several research analysts have commented on RVLV shares. Wall Street Zen cut shares of Revolve Group from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. BTIG Research reiterated a “buy” rating and set a $30.00 price objective on shares of Revolve Group in a research report on Wednesday, November 19th. Evercore ISI reissued a “mixed” rating on shares of Revolve Group in a research note on Wednesday, November 5th. Roth Mkm reaffirmed a “buy” rating and issued a $30.00 target price (up previously from $27.00) on shares of Revolve Group in a research report on Wednesday, November 5th. Finally, Robert W. Baird set a $29.00 price target on Revolve Group in a research report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $27.62.

Insider Buying and Selling at Revolve Group

In related news, CEO Michael Mente sold 114,024 shares of the company’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $26.67, for a total value of $3,041,020.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In the last quarter, insiders have sold 763,335 shares of company stock worth $22,105,769. 46.56% of the stock is currently owned by company insiders.

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.