Key Points
- CEO Michael Mente sold 15,640 shares on April 29 at $26 and has disposed of a total of 150,858 shares across five recent transactions, generating roughly $4.0 million in proceeds.
- Despite the insider selling, Revolve reported an earnings beat (Q: $0.26 EPS vs. $0.16 expected; revenue $324.4M, up 10.4% YoY), and analysts maintain a consensus "Moderate Buy" with a $29.50 target while the stock trades near $25.79 and a $1.84B market cap.
Revolve Group, Inc. (NYSE:RVLV - Get Free Report) CEO Michael Mente sold 15,640 shares of the company's stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $26.00, for a total transaction of $406,640.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Michael Mente also recently made the following trade(s):
- On Tuesday, April 28th, Michael Mente sold 42,678 shares of Revolve Group stock. The stock was sold at an average price of $26.35, for a total transaction of $1,124,565.30.
- On Monday, April 27th, Michael Mente sold 60,923 shares of Revolve Group stock. The stock was sold at an average price of $26.43, for a total transaction of $1,610,194.89.
- On Thursday, April 9th, Michael Mente sold 15,972 shares of Revolve Group stock. The stock was sold at an average price of $25.90, for a total transaction of $413,674.80.
- On Wednesday, February 11th, Michael Mente sold 15,645 shares of Revolve Group stock. The stock was sold at an average price of $26.13, for a total transaction of $408,803.85.
Revolve Group Trading Down 1.9%
NYSE RVLV opened at $25.79 on Thursday. The company has a fifty day simple moving average of $24.36 and a 200 day simple moving average of $25.50. The company has a market cap of $1.84 billion, a P/E ratio of 30.34, a P/E/G ratio of 2.64 and a beta of 1.80. Revolve Group, Inc. has a 1 year low of $16.80 and a 1 year high of $31.68.
Revolve Group (NYSE:RVLV - Get Free Report) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.10. The business had revenue of $324.37 million during the quarter, compared to the consensus estimate of $305.83 million. Revolve Group had a net margin of 5.03% and a return on equity of 12.12%. Revolve Group's quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.17 EPS. Equities research analysts forecast that Revolve Group, Inc. will post 0.87 EPS for the current fiscal year.
Hedge Funds Weigh In On Revolve Group
Several large investors have recently bought and sold shares of RVLV. AQR Capital Management LLC raised its stake in Revolve Group by 94.7% during the 1st quarter. AQR Capital Management LLC now owns 24,242 shares of the company's stock valued at $521,000 after purchasing an additional 11,793 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Revolve Group by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,773 shares of the company's stock valued at $489,000 after purchasing an additional 964 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of Revolve Group in the 1st quarter valued at $232,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Revolve Group by 10.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 109,066 shares of the company's stock valued at $2,344,000 after buying an additional 10,146 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Revolve Group by 13.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 41,501 shares of the company's stock valued at $832,000 after buying an additional 4,781 shares in the last quarter. 67.60% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts recently issued reports on RVLV shares. KeyCorp reaffirmed an "overweight" rating on shares of Revolve Group in a report on Wednesday, February 25th. Weiss Ratings reiterated a "hold (c)" rating on shares of Revolve Group in a research note on Tuesday, April 21st. Zacks Research cut shares of Revolve Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 26th. UBS Group set a $27.00 target price on shares of Revolve Group in a research note on Tuesday, January 13th. Finally, Morgan Stanley set a $28.00 target price on shares of Revolve Group in a research note on Wednesday, February 25th. Eight investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat, Revolve Group has a consensus rating of "Moderate Buy" and a consensus target price of $29.50.
Check Out Our Latest Analysis on Revolve Group
Revolve Group Company Profile
(
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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