Vanguard Group Inc. Decreases Holdings in Revolve Group, Inc. $RVLV

Vanguard Group Inc. decreased its position in Revolve Group, Inc. (NYSE:RVLV) by 1.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,938,675 shares of the company’s stock after selling 45,695 shares during the quarter. Vanguard Group Inc. owned 5.52% of Revolve Group worth $83,894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of RVLV. Balyasny Asset Management L.P. lifted its holdings in shares of Revolve Group by 830.9% in the 2nd quarter. Balyasny Asset Management L.P. now owns 1,009,877 shares of the company’s stock worth $20,248,000 after acquiring an additional 901,396 shares during the last quarter. Marshall Wace LLP raised its position in Revolve Group by 2,036.0% in the 2nd quarter. Marshall Wace LLP now owns 544,678 shares of the company’s stock worth $10,921,000 after purchasing an additional 519,178 shares during the period. Qube Research & Technologies Ltd lifted its stake in Revolve Group by 56.2% in the second quarter. Qube Research & Technologies Ltd now owns 504,468 shares of the company’s stock worth $10,115,000 after purchasing an additional 181,465 shares during the last quarter. HRT Financial LP lifted its stake in Revolve Group by 341.2% in the second quarter. HRT Financial LP now owns 182,223 shares of the company’s stock worth $3,653,000 after purchasing an additional 140,925 shares during the last quarter. Finally, Federated Hermes Inc. boosted its position in Revolve Group by 41.9% during the second quarter. Federated Hermes Inc. now owns 347,664 shares of the company’s stock valued at $6,971,000 after buying an additional 102,573 shares during the period. 67.60% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Michael Mente sold 88,444 shares of the stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $28.41, for a total value of $2,512,694.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold a total of 602,189 shares of company stock worth $17,842,032 in the last 90 days. 43.82% of the stock is owned by insiders.

Wall Street Analyst Weigh In

RVLV has been the topic of several analyst reports. Morgan Stanley set a $28.00 price objective on Revolve Group in a report on Wednesday, February 25th. TD Cowen restated a “buy” rating on shares of Revolve Group in a research report on Wednesday, February 25th. Piper Sandler boosted their price objective on Revolve Group from $25.00 to $30.00 and gave the company an “overweight” rating in a research report on Wednesday, February 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Revolve Group in a research note on Thursday, January 22nd. Finally, Roth Mkm reissued a “buy” rating and issued a $33.00 price target (up from $30.00) on shares of Revolve Group in a report on Wednesday, February 25th. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $29.50.

Revolve Group Stock Up 3.7%

Shares of Revolve Group stock opened at $25.62 on Friday. The business has a 50 day moving average of $27.92 and a 200 day moving average of $25.00. Revolve Group, Inc. has a 52 week low of $16.80 and a 52 week high of $31.68. The company has a market cap of $1.83 billion, a PE ratio of 30.14, a P/E/G ratio of 2.47 and a beta of 1.77.

Revolve Group (NYSE:RVLV) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.10. Revolve Group had a net margin of 5.03% and a return on equity of 12.12%. The business 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 firm earned $0.17 EPS. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. On average, research analysts anticipate that Revolve Group, Inc. will post 0.6 earnings per share for the current year.

Revolve Group Company 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.