Vanguard Group Inc. grew its position in Revolve Group, Inc. (NYSE:RVLV – Free Report) by 9.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,299,273 shares of the company’s stock after purchasing an additional 360,598 shares during the period. Vanguard Group Inc. owned about 0.06% of Revolve Group worth $129,795,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Tudor Investment Corp ET AL raised its position in Revolve Group by 197.1% during the third quarter. Tudor Investment Corp ET AL now owns 435,437 shares of the company’s stock valued at $9,275,000 after acquiring an additional 288,868 shares in the last quarter. Landscape Capital Management L.L.C. increased its stake in shares of Revolve Group by 126.6% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 240,622 shares of the company’s stock worth $5,125,000 after purchasing an additional 134,451 shares during the last quarter. Divisadero Street Capital Management LP bought a new position in shares of Revolve Group during the 3rd quarter valued at $5,110,000. Algert Global LLC lifted its stake in shares of Revolve Group by 23.9% in the 3rd quarter. Algert Global LLC now owns 676,936 shares of the company’s stock valued at $14,419,000 after purchasing an additional 130,455 shares during the last quarter. Finally, New York State Common Retirement Fund increased its position in Revolve Group by 24.6% during the third quarter. New York State Common Retirement Fund now owns 205,265 shares of the company’s stock worth $4,372,000 after buying an additional 40,562 shares during the last quarter. 67.60% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
RVLV has been the subject of a number of analyst reports. Roth Mkm reaffirmed a “buy” rating and issued a $33.00 price target (up from $30.00) on shares of Revolve Group in a research report on Wednesday, February 25th. KeyCorp decreased their target price on Revolve Group from $35.00 to $32.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Wall Street Zen downgraded Revolve Group from a “buy” rating to a “hold” rating in a report on Saturday. UBS Group dropped their price target on shares of Revolve Group from $31.00 to $28.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Finally, Morgan Stanley set a $27.00 price objective on shares of Revolve Group in a report on Wednesday, May 6th. Eight investment 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, Revolve Group currently has an average rating of “Moderate Buy” and a consensus price target of $29.33.
Insider Activity at Revolve Group
In other Revolve Group news, CEO Michael Karanikolas sold 1,948 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $25.93, for a total value of $50,511.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Michael Mente sold 60,923 shares of Revolve Group stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $26.43, for a total value of $1,610,194.89. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 152,806 shares of company stock valued at $4,014,390. Insiders own 42.67% of the company’s stock.
Revolve Group Price Performance
NYSE:RVLV opened at $18.66 on Tuesday. Revolve Group, Inc. has a one year low of $18.08 and a one year high of $31.68. The company has a fifty day moving average price of $23.92 and a 200 day moving average price of $25.53. The stock has a market cap of $1.33 billion, a P/E ratio of 20.96, a PEG ratio of 2.25 and a beta of 1.76.
Revolve Group (NYSE:RVLV – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.02. Revolve Group had a net margin of 5.05% and a return on equity of 12.17%. The company had revenue of $342.88 million for the quarter, compared to the consensus estimate of $328.84 million. During the same quarter in the previous year, the firm posted $0.16 EPS. The business’s revenue was up 15.6% compared to the same quarter last year. As a group, equities research analysts anticipate that Revolve Group, Inc. will post 0.86 EPS 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.
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