Key Points
- CEO Michael Mente sold 15,645 shares on Feb. 11 at $26.13 for $408,804, and has conducted a string of large insider sales since December that total roughly $18.2 million.
- Revolve shares trade near $25.13 (50-day MA $28.94, 200-day MA $24.56) and carry a Wall Street consensus of Moderate Buy with an average price target of $27.62, though some analysts (e.g., KeyCorp) have raised targets as high as $35.
Revolve Group, Inc. (NYSE:RVLV - Get Free Report) CEO Michael Karanikolas sold 1,948 shares of the business's stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $25.93, for a total value of $50,511.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Revolve Group Stock Performance
Shares of RVLV stock opened at $25.13 on Friday. Revolve Group, Inc. has a 52 week low of $16.80 and a 52 week high of $31.86. The stock has a market capitalization of $1.79 billion, a PE ratio of 33.07, a PEG ratio of 2.37 and a beta of 1.79. The stock's fifty day moving average is $28.94 and its 200-day moving average is $24.56.
Hedge Funds Weigh In On Revolve Group
Institutional investors and hedge funds have recently made changes to their positions in the company. Kestra Advisory Services LLC acquired a new position in shares of Revolve Group in the fourth quarter valued at approximately $40,000. Maverick Capital Ltd. bought a new stake in Revolve Group in the 4th quarter valued at $4,438,000. Marshall Wace LLP boosted its stake in Revolve Group by 44.4% in 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 period. Segall Bryant & Hamill LLC increased its holdings in Revolve Group by 4.7% during the 4th quarter. Segall Bryant & Hamill LLC now owns 315,173 shares of the company's stock worth $9,515,000 after purchasing an additional 14,142 shares in the last quarter. Finally, State Street Corp increased its holdings in Revolve Group by 9.5% during the 4th quarter. State Street Corp now owns 1,151,712 shares of the company's stock worth $34,770,000 after purchasing an additional 100,285 shares in the last quarter. Institutional investors and hedge funds own 67.60% of the company's stock.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on RVLV. UBS Group set a $27.00 price target on Revolve Group in a research note on Tuesday, January 13th. Zacks Research raised shares of Revolve Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 8th. BTIG Research reiterated a "buy" rating and set a $30.00 price target on shares of Revolve Group in a research report on Wednesday, November 19th. Stifel Nicolaus increased their price objective on shares of Revolve Group from $28.00 to $33.00 and gave the company a "buy" rating in a report on Friday, December 12th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and issued a $34.00 price objective on shares of Revolve Group in a research note on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $27.62.
Check Out Our Latest Report on RVLV
About Revolve Group
(
Get Free Report)
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.
Further Reading
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