Investors Purchase Large Volume of Call Options on Revolve Group (NYSE:RVLV)

Revolve Group, Inc. (NYSE:RVLV) was the target of some unusual options trading on Tuesday. Stock investors bought 1,984 call options on the company. This is an increase of 321% compared to the typical volume of 471 call options.

Revolve Group Trading Up 1.3%

Shares of RVLV traded up $0.33 during trading hours on Tuesday, reaching $26.35. 247,414 shares of the stock traded hands, compared to its average volume of 1,050,912. Revolve Group has a 52 week low of $17.35 and a 52 week high of $31.68. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 29.59, a PEG ratio of 2.72 and a beta of 1.60. The stock has a fifty day simple moving average of $22.57 and a 200 day simple moving average of $23.83.

Revolve Group (NYSE:RVLV) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. The business had revenue of $342.88 million during the quarter, compared to the consensus estimate of $328.84 million. Revolve Group had a net margin of 5.05% and a return on equity of 12.17%. The firm’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.16 EPS. Analysts predict that Revolve Group will post 0.85 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Revolve Group

Several large investors have recently added to or reduced their stakes in RVLV. Fuller & Thaler Asset Management Inc. purchased a new position in Revolve Group in the 4th quarter valued at approximately $59,421,000. Cooper Creek Partners Management LLC purchased a new stake in shares of Revolve Group during the third quarter worth $22,164,000. Balyasny Asset Management L.P. boosted its holdings in shares of Revolve Group by 830.9% in the second 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 period. Marshall Wace LLP lifted its holdings in Revolve Group by 89.3% during the 3rd quarter. Marshall Wace LLP now owns 1,031,294 shares of the company’s stock worth $21,967,000 after purchasing an additional 486,616 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in Revolve Group by 9.2% in the 4th quarter. Vanguard Group Inc. now owns 4,299,273 shares of the company’s stock worth $129,795,000 after purchasing an additional 360,598 shares during the period. Hedge funds and other institutional investors own 67.60% of the company’s stock.

Analysts Set New Price Targets

RVLV has been the subject of several recent research reports. BTIG Research restated a “buy” rating and set a $35.00 price objective on shares of Revolve Group in a report on Wednesday, May 6th. KeyCorp reduced their price objective on shares of Revolve Group from $35.00 to $32.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Revolve Group in a research report on Friday, July 17th. Barclays cut their price target on Revolve Group from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Thursday, May 7th. Finally, Piper Sandler lowered their price objective on Revolve Group from $30.00 to $27.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Revolve Group presently has an average rating of “Moderate Buy” and an average price target 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.