Revolve Group (NYSE:RVLV) CEO Sells $1,641,228.71 in Stock

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Mente sold 56,419 shares of the business’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $29.09, for a total value of $1,641,228.71. The sale 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 Wednesday, January 28th, Michael Mente sold 49,882 shares of Revolve Group stock. The shares were sold at an average price of $28.57, for a total transaction of $1,425,128.74.
• On Monday, January 26th, Michael Mente sold 32,709 shares of Revolve Group stock. The shares were sold at an average price of $29.76, for a total transaction of $973,419.84.
• On Friday, January 9th, Michael Mente sold 68,995 shares of Revolve Group stock. The shares were sold at an average price of $30.68, for a total transaction of $2,116,766.60.
• On Thursday, January 8th, Michael Mente sold 52,864 shares of Revolve Group stock. The shares were sold at an average price of $31.32, for a total transaction of $1,655,700.48.
• On Wednesday, January 7th, Michael Mente sold 72,337 shares of Revolve Group stock. The stock was sold at an average price of $31.16, for a total value of $2,254,020.92.
• 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 shares were sold at an average price of $28.78, for a total value of $2,262,654.82.
• On Thursday, December 18th, Michael Mente sold 88,444 shares of Revolve Group stock. The stock was sold at an average price of $28.41, for a total value of $2,512,694.04.
• On Thursday, December 4th, Michael Mente sold 41,563 shares of Revolve Group stock. The shares were 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 stock was sold at an average price of $26.67, for a total transaction of $3,041,020.08.

Revolve Group Trading Down 1.7%

Shares of RVLV stock traded down $0.51 during trading hours on Wednesday, reaching $28.56. The stock had a trading volume of 695,150 shares, compared to its average volume of 777,240. The stock’s fifty day simple moving average is $28.46 and its 200 day simple moving average is $24.15. The firm has a market capitalization of $2.04 billion, a PE ratio of 37.57, a PEG ratio of 2.78 and a beta of 1.75. Revolve Group, Inc. has a 12 month low of $16.80 and a 12 month high of $32.58.

Revolve Group (NYSE:RVLV) last posted its earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share for the quarter, topping 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 business had revenue of $295.63 million for the quarter, compared to analyst estimates of $297.36 million. During the same quarter in the prior year, the firm posted $0.15 EPS. Revolve Group’s revenue was up 4.4% on a year-over-year basis. As a group, equities research analysts anticipate that Revolve Group, Inc. will post 0.6 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on RVLV. Robert W. Baird set a $29.00 target price on Revolve Group in a research report on Wednesday, December 17th. Wall Street Zen lowered Revolve Group from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Evercore ISI reaffirmed a “mixed” rating on shares of Revolve Group in a research note on Wednesday, November 5th. Barclays lifted their target price on shares of Revolve Group from $23.00 to $24.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 5th. Finally, UBS Group set a $27.00 price target on shares of Revolve Group in a report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Revolve Group has a consensus rating of “Moderate Buy” and an average target price of $27.62.

Institutional Trading of Revolve Group

Hedge funds have recently bought and sold shares of the company. State of Alaska Department of Revenue purchased a new position in shares of Revolve Group in the third quarter worth $46,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych bought a new stake in Revolve Group in the 2nd quarter worth $60,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Revolve Group in the second quarter valued at about $68,000. Quarry LP increased its position in shares of Revolve Group by 6,932.1% in the third quarter. Quarry LP now owns 3,727 shares of the company’s stock valued at $79,000 after acquiring an additional 3,674 shares during the period. Finally, Logan Capital Management Inc. raised its stake in shares of Revolve Group by 35.5% during the second quarter. Logan Capital Management Inc. now owns 5,579 shares of the company’s stock valued at $112,000 after acquiring an additional 1,463 shares during the last quarter. Institutional investors own 67.60% of the company’s stock.

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.