Revolve Group, Inc. $RVLV Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC reduced its stake in shares of Revolve Group, Inc. (NYSE:RVLV) by 12.7% during the third quarter, Holdings Channel.com reports. The firm owned 154,241 shares of the company’s stock after selling 22,424 shares during the period. ProShare Advisors LLC’s holdings in Revolve Group were worth $3,285,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. State of Alaska Department of Revenue acquired a new position in Revolve Group during the 3rd quarter valued at about $46,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych bought a new position in shares of Revolve Group in the second quarter valued at approximately $60,000. Elevation Point Wealth Partners LLC bought a new position in shares of Revolve Group in the second quarter valued at approximately $68,000. Logan Capital Management Inc. increased 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 period. Finally, Atlantic Union Bankshares Corp bought a new stake in Revolve Group during the third quarter worth approximately $125,000. Institutional investors own 67.60% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Zacks Research raised Revolve Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 8th. KeyCorp upped their price objective on Revolve Group from $25.00 to $35.00 and gave the company an “overweight” rating in a report on Thursday, January 22nd. Robert W. Baird set a $29.00 target price on Revolve Group in a research note on Wednesday, December 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Revolve Group in a report on Thursday, January 22nd. Finally, Roth Mkm reissued a “buy” rating and issued a $30.00 price target (up from $27.00) on shares of Revolve Group in a report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $27.62.

Revolve Group Stock Up 1.3%

Shares of NYSE RVLV opened at $25.13 on Friday. The stock’s fifty day simple moving average is $28.94 and its 200 day simple moving average is $24.56. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of 33.07, a PEG ratio of 2.37 and a beta of 1.79. Revolve Group, Inc. has a 52-week low of $16.80 and a 52-week high of $31.86.

Insiders Place Their Bets

In other Revolve Group news, CEO Michael Mente sold 114,024 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $26.67, for a total transaction of $3,041,020.08. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last 90 days, insiders sold 780,928 shares of company stock valued at $22,565,084. Company insiders own 43.82% of the company’s stock.

Revolve Group 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.