Revolve Group (NYSE:RVLV) CEO Michael Mente Sells 15,645 Shares of Stock

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Mente sold 15,645 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $26.13, for a total value of $408,803.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 stock was sold at an average price of $28.57, for a total value of $1,425,128.74.
• On Tuesday, January 27th, Michael Mente sold 56,419 shares of Revolve Group stock. The shares were sold at an average price of $29.09, for a total value of $1,641,228.71.
• On Monday, January 26th, Michael Mente sold 32,709 shares of Revolve Group stock. The stock was sold at an average price of $29.76, for a total value 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 transaction 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 transaction of $1,870,545.15.
• On Friday, December 19th, Michael Mente sold 78,619 shares of Revolve Group stock. The stock was sold at an average price of $28.78, for a total transaction 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.

Revolve Group Stock Performance

Revolve Group stock opened at $25.13 on Friday. Revolve Group, Inc. has a fifty-two week low of $16.80 and a fifty-two week high of $31.86. The company 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. The stock has a fifty day moving average of $28.94 and a two-hundred day moving average of $24.56.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Barclays raised their price target on shares of Revolve Group from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 5th. Guggenheim initiated coverage on shares of Revolve Group in a research report on Tuesday, December 9th. They set a “neutral” rating on the stock. Roth Mkm reaffirmed a “buy” rating and issued a $30.00 target price (up from $27.00) on shares of Revolve Group in a research note on Wednesday, November 5th. Jefferies Financial Group reissued a “buy” rating and set a $34.00 price target on shares of Revolve Group in a research note on Thursday, December 18th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Revolve Group in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.62.

Hedge Funds Weigh In On Revolve Group

A number of hedge funds have recently made changes to their positions in the stock. Kestra Advisory Services LLC purchased a new stake in shares of Revolve Group during the 4th quarter valued at $40,000. Maverick Capital Ltd. acquired a new position in Revolve Group in the fourth quarter valued at $4,438,000. Marshall Wace LLP boosted its holdings in Revolve Group by 44.4% in the fourth quarter. Marshall Wace LLP now owns 1,489,581 shares of the company’s stock valued at $44,970,000 after acquiring an additional 458,287 shares during the last quarter. Segall Bryant & Hamill LLC grew its position in Revolve Group by 4.7% during the fourth quarter. Segall Bryant & Hamill LLC now owns 315,173 shares of the company’s stock valued at $9,515,000 after acquiring an additional 14,142 shares during the period. Finally, State Street Corp increased its stake in Revolve Group by 9.5% during the fourth quarter. State Street Corp now owns 1,151,712 shares of the company’s stock worth $34,770,000 after acquiring an additional 100,285 shares during the last quarter. Institutional investors and hedge funds own 67.60% of the company’s stock.

About Revolve Group

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.