Revolve Group, Inc. $RVLV Shares Sold by M&T Bank Corp

M&T Bank Corp lowered its stake in shares of Revolve Group, Inc. (NYSE:RVLV) by 77.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,409 shares of the company’s stock after selling 29,693 shares during the quarter. M&T Bank Corp’s holdings in Revolve Group were worth $254,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Tudor Investment Corp ET AL increased its holdings in Revolve Group by 197.1% in the 3rd quarter. Tudor Investment Corp ET AL now owns 435,437 shares of the company’s stock worth $9,275,000 after buying an additional 288,868 shares during the period. Landscape Capital Management L.L.C. increased its holdings in Revolve Group by 126.6% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 240,622 shares of the company’s stock worth $5,125,000 after buying an additional 134,451 shares during the period. Divisadero Street Capital Management LP acquired a new position in Revolve Group in the 3rd quarter worth approximately $5,110,000. Algert Global LLC increased its holdings in Revolve Group by 23.9% in the 3rd quarter. Algert Global LLC now owns 676,936 shares of the company’s stock worth $14,419,000 after buying an additional 130,455 shares during the period. Finally, New York State Common Retirement Fund increased its holdings in Revolve Group by 24.6% in the 3rd quarter. New York State Common Retirement Fund now owns 205,265 shares of the company’s stock worth $4,372,000 after buying an additional 40,562 shares during the period. Institutional investors and hedge funds own 67.60% of the company’s stock.

Insider Activity at Revolve Group

In other news, 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 135,213 shares of company stock worth $3,555,075. 42.67% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Wall Street Zen downgraded shares of Revolve Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Raymond James Financial set a $28.00 price target on shares of Revolve Group in a report on Wednesday, May 6th. UBS Group cut their price target on shares of Revolve Group from $31.00 to $28.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Barclays cut their price target on shares of Revolve Group from $28.00 to $26.00 and set an “equal weight” rating on the stock in a report on Thursday, May 7th. Finally, Morgan Stanley set a $27.00 price objective on shares of Revolve Group in a research note on Wednesday, May 6th. Eight analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $29.33.

Revolve Group Price Performance

Shares of NYSE RVLV opened at $18.63 on Friday. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 20.94, a PEG ratio of 2.00 and a beta of 1.76. Revolve Group, Inc. has a 12 month low of $17.35 and a 12 month high of $31.68. The firm’s 50 day simple moving average is $23.42 and its 200-day simple moving average is $25.39.

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

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.