Stock Traders Purchase High Volume of Revolve Group Put Options (NYSE:RVLV)

Revolve Group, Inc. (NYSE:RVLV) was the recipient of unusually large options trading on Monday. Stock investors purchased 5,066 put options on the company. This is an increase of 899% compared to the average volume of 507 put options.

Wall Street Analyst Weigh In

A number of research firms have recently commented on RVLV. Roth Capital reaffirmed a “buy” rating and set a $37.00 price objective on shares of Revolve Group in a research note on Wednesday, August 5th. UBS Group raised their target price on shares of Revolve Group from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Barclays lowered their target price on shares of Revolve Group from $28.00 to $26.00 and set an “equal weight” rating for the company in a report on Thursday, May 7th. Raymond James Financial set a $28.00 price target on shares of Revolve Group in a research report on Wednesday, May 6th. Finally, Piper Sandler increased their price target on shares of Revolve Group from $27.00 to $30.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $30.08.

Revolve Group Trading Down 2.8%

NYSE:RVLV traded down $0.65 on Monday, hitting $22.26. 272,635 shares of the stock were exchanged, compared to its average volume of 1,033,432. The stock has a market cap of $1.58 billion, a PE ratio of 22.04, a PEG ratio of 2.85 and a beta of 1.60. The stock has a fifty day moving average of $24.01 and a 200-day moving average of $23.19. Revolve Group has a fifty-two week low of $17.35 and a fifty-two week high of $31.68.

Revolve Group (NYSE:RVLV) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.05. Revolve Group had a return on equity of 13.38% and a net margin of 5.54%.The business had revenue of $347.41 million for the quarter, compared to analyst estimates of $341.91 million. During the same period in the previous year, the company posted $0.14 EPS. The company’s revenue was up 12.5% compared to the same quarter last year. As a group, analysts predict that Revolve Group will post 0.82 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of RVLV. Panagora Asset Management Inc. lifted its stake in Revolve Group by 2.0% in the fourth quarter. Panagora Asset Management Inc. now owns 20,284 shares of the company’s stock valued at $612,000 after buying an additional 404 shares during the last quarter. Madison Asset Management LLC boosted its holdings in shares of Revolve Group by 0.4% in the fourth quarter. Madison Asset Management LLC now owns 129,686 shares of the company’s stock valued at $3,915,000 after acquiring an additional 486 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Revolve Group by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,773 shares of the company’s stock valued at $489,000 after purchasing an additional 964 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of Revolve Group by 2.7% during the 3rd quarter. Alliancebernstein L.P. now owns 38,600 shares of the company’s stock valued at $822,000 after purchasing an additional 1,000 shares during the period. Finally, Man Group plc increased its position in shares of Revolve Group by 0.6% during the 4th quarter. Man Group plc now owns 167,677 shares of the company’s stock valued at $5,062,000 after purchasing an additional 1,064 shares during the period. 67.60% of the stock is owned by institutional investors and hedge funds.

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.