Divisadero Street Capital Management LP Takes $5.11 Million Position in Revolve Group, Inc. $RVLV

Divisadero Street Capital Management LP bought a new stake in Revolve Group, Inc. (NYSE:RVLV) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 239,901 shares of the company’s stock, valued at approximately $5,110,000. Divisadero Street Capital Management LP owned about 0.34% of Revolve Group at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State of Alaska Department of Revenue purchased a new stake in Revolve Group in the third quarter valued at $46,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Revolve Group in the 2nd quarter valued at about $68,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Revolve Group in the 3rd quarter valued at about $125,000. Quantbot Technologies LP purchased a new position in Revolve Group during the 2nd quarter worth approximately $159,000. Finally, Police & Firemen s Retirement System of New Jersey increased its position in Revolve Group by 15.5% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 9,156 shares of the company’s stock worth $184,000 after buying an additional 1,231 shares during the period. 67.60% of the stock is currently owned by institutional investors and hedge funds.

Revolve Group Price Performance

Revolve Group stock opened at $22.91 on Monday. The business has a 50 day simple moving average of $27.14 and a 200-day simple moving average of $25.13. Revolve Group, Inc. has a 12 month low of $16.80 and a 12 month high of $31.68. The stock has a market capitalization of $1.64 billion, a PE ratio of 26.96, a price-to-earnings-growth ratio of 2.30 and a beta of 1.78.

Revolve Group (NYSE:RVLV) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.10. The company had revenue of $324.37 million for the quarter, compared to analysts’ expectations of $305.83 million. Revolve Group had a net margin of 5.03% and a return on equity of 12.12%. Revolve Group’s revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.17 EPS. As a group, equities research analysts anticipate that Revolve Group, Inc. will post 0.6 EPS for the current year.

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 transaction of $2,512,694.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 602,189 shares of company stock worth $17,842,032 in the last quarter. Insiders own 46.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Roth Mkm reiterated a “buy” rating and issued a $33.00 price objective (up from $30.00) on shares of Revolve Group in a research note on Wednesday, February 25th. UBS Group set a $27.00 target price on shares of Revolve Group in a research report on Tuesday, January 13th. BTIG Research increased their price target on shares of Revolve Group from $30.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Jefferies Financial Group reiterated a “buy” rating and set a $34.00 price target on shares of Revolve Group in a research note on Thursday, December 18th. Finally, KeyCorp restated an “overweight” rating on shares of Revolve Group in a research note on Wednesday, February 25th. Eight analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Revolve Group presently has an average rating of “Moderate Buy” and a consensus price target of $29.50.

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.