Investors Buy High Volume of Revolve Group Call Options (NYSE:RVLV)

Revolve Group, Inc. (NYSE:RVLV) was the recipient of some unusual options trading on Thursday. Traders purchased 3,014 call options on the company. This is an increase of approximately 494% compared to the average daily volume of 507 call options.

Insider Buying and Selling

In other news, CEO Michael Mente sold 15,640 shares of the stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $26.00, for a total value of $406,640.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 135,213 shares of company stock worth $3,555,075 in the last ninety days. Corporate insiders own 42.67% of the company’s stock.

Hedge Funds Weigh In On Revolve Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its holdings in shares of Revolve Group by 94.7% in the first quarter. AQR Capital Management LLC now owns 24,242 shares of the company’s stock valued at $521,000 after buying an additional 11,793 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Revolve Group by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,773 shares of the company’s stock worth $489,000 after acquiring an additional 964 shares in the last quarter. Caxton Associates LLP acquired a new stake in Revolve Group in the 1st quarter valued at about $232,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Revolve Group by 10.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 109,066 shares of the company’s stock valued at $2,344,000 after acquiring an additional 10,146 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Revolve Group by 13.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 41,501 shares of the company’s stock valued at $832,000 after purchasing an additional 4,781 shares in the last quarter. 67.60% of the stock is owned by institutional investors.

Revolve Group Price Performance

Shares of NYSE RVLV traded down $0.26 during midday trading on Thursday, hitting $20.09. 227,937 shares of the company’s stock were exchanged, compared to its average volume of 1,124,200. Revolve Group has a twelve month low of $17.35 and a twelve month high of $31.68. The firm has a market cap of $1.44 billion, a P/E ratio of 22.60, a PEG ratio of 2.19 and a beta of 1.67. The stock’s 50 day moving average price is $22.07 and its 200-day moving average price is $25.10.

Revolve Group (NYSE:RVLV) last announced its earnings results on Tuesday, May 5th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. Revolve Group had a net margin of 5.05% and a return on equity of 12.17%. The firm had revenue of $342.88 million during the quarter, compared to analyst estimates of $328.84 million. During the same quarter in the prior year, the firm posted $0.16 EPS. Revolve Group’s revenue was up 15.6% compared to the same quarter last year. On average, analysts expect that Revolve Group will post 0.86 EPS for the current fiscal year.

Analyst Ratings Changes

RVLV has been the subject of several research analyst reports. Raymond James Financial set a $28.00 target price on Revolve Group in a research note on Wednesday, May 6th. BTIG Research reaffirmed a “buy” rating and issued a $35.00 price target on shares of Revolve Group in a report on Wednesday, May 6th. Barclays reduced their price objective on shares of Revolve Group from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. Wall Street Zen downgraded shares of Revolve Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Morgan Stanley set a $27.00 price target on shares of Revolve Group in a research report on Wednesday, May 6th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Revolve Group has an average rating of “Moderate Buy” and a consensus target price of $29.33.

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.