Key Points
- CEO Michael Mente sold 15,972 Revolve shares on April 9 at an average price of $25.90 for proceeds of $413,674.80.
- The April sale is part of a string of insider disposals this year totaling 170,627 shares for approximately $4.86 million, signaling significant insider selling activity.
- Despite the insider sales, Revolve beat quarterly estimates (EPS $0.26 vs. $0.16; revenue $324.4M, +10.4% YoY), the stock trades near $25 with a $1.79B market cap, and analysts hold a consensus "Moderate Buy" with a $29.50 target.
Revolve Group, Inc. (NYSE:RVLV - Get Free Report) CEO Michael Mente sold 15,972 shares of the company's stock in a transaction on Thursday, April 9th. The stock was sold at an average price of $25.90, for a total transaction of $413,674.80. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Michael Mente also recently made the following trade(s):
- On Wednesday, February 11th, Michael Mente sold 15,645 shares of Revolve Group stock. The shares were sold at an average price of $26.13, for a total transaction of $408,803.85.
- On Wednesday, January 28th, Michael Mente sold 49,882 shares of Revolve Group stock. The stock was sold at an average price of $28.57, for a total transaction of $1,425,128.74.
- On Tuesday, January 27th, Michael Mente sold 56,419 shares of Revolve Group stock. The stock was sold at an average price of $29.09, for a total transaction of $1,641,228.71.
- 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.
Revolve Group Stock Up 1.9%
Shares of Revolve Group stock opened at $25.02 on Tuesday. Revolve Group, Inc. has a twelve month low of $16.80 and a twelve month high of $31.68. The business has a 50-day moving average price of $24.24 and a 200-day moving average price of $25.11. The firm has a market cap of $1.79 billion, a price-to-earnings ratio of 29.43, a PEG ratio of 2.46 and a beta of 1.80.
Revolve Group (NYSE:RVLV - Get Free Report) last posted its earnings results on Tuesday, February 24th. The company reported $0.26 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.10. Revolve Group had a return on equity of 12.12% and a net margin of 5.03%.The company had revenue of $324.37 million for the quarter, compared to the consensus estimate of $305.83 million. During the same period in the previous year, the business earned $0.17 earnings per share. The firm's revenue for the quarter was up 10.4% on a year-over-year basis. On average, equities analysts expect that Revolve Group, Inc. will post 0.6 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of research analysts have recently commented on RVLV shares. Piper Sandler increased their target price on Revolve Group from $25.00 to $30.00 and gave the company an "overweight" rating in a research report on Wednesday, February 25th. Robert W. Baird set a $29.00 price target on shares of Revolve Group in a research note on Wednesday, December 17th. TD Cowen reiterated a "buy" rating on shares of Revolve Group in a research report on Wednesday, February 25th. UBS Group set a $27.00 price objective on shares of Revolve Group in a research note on Tuesday, January 13th. Finally, BTIG Research boosted their target price on shares of Revolve Group from $30.00 to $35.00 and gave the stock a "buy" rating in a report on Wednesday, February 25th. Eight analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $29.50.
Check Out Our Latest Analysis on RVLV
Institutional Trading of Revolve Group
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Invesco Ltd. boosted its stake in Revolve Group by 19.5% during the fourth quarter. Invesco Ltd. now owns 96,734 shares of the company's stock worth $2,920,000 after buying an additional 15,809 shares during the period. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Revolve Group in the fourth quarter valued at $59,421,000. Man Group plc lifted its holdings in shares of Revolve Group by 0.6% in the 4th quarter. Man Group plc now owns 167,677 shares of the company's stock worth $5,062,000 after acquiring an additional 1,064 shares during the last quarter. Balyasny Asset Management L.P. lifted its holdings in shares of Revolve Group by 55.7% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,862,955 shares of the company's stock worth $56,243,000 after acquiring an additional 666,784 shares during the last quarter. Finally, Polar Asset Management Partners Inc. purchased a new position in shares of Revolve Group during the 4th quarter worth about $3,199,000. Hedge funds and other institutional investors own 67.60% of the company's stock.
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.
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