Revolve Group (NYSE:RVLV) CEO Sells $1,425,128.74 in Stock

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Mente sold 49,882 shares of the firm’s stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of $28.57, for a total value of $1,425,128.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Michael Mente also recently made the following trade(s):

• On Tuesday, January 27th, Michael Mente sold 56,419 shares of Revolve Group stock. The stock was sold at an average price of $29.09, for a total value of $1,641,228.71.
• On Monday, January 26th, Michael Mente sold 32,709 shares of Revolve Group stock. The shares were sold at an average price of $29.76, for a total value of $973,419.84.
• On Friday, January 9th, Michael Mente sold 68,995 shares of Revolve Group stock. The stock was sold at an average price of $30.68, for a total transaction of $2,116,766.60.
• On Thursday, January 8th, Michael Mente sold 52,864 shares of Revolve Group stock. The stock was sold at an average price of $31.32, for a total transaction of $1,655,700.48.
• On Wednesday, January 7th, Michael Mente sold 72,337 shares of Revolve Group stock. The shares were sold at an average price of $31.16, for a total transaction of $2,254,020.92.
• On Monday, December 22nd, Michael Mente sold 63,045 shares of Revolve Group stock. The stock was sold at an average price of $29.67, for a total transaction of $1,870,545.15.
• On Friday, December 19th, Michael Mente sold 78,619 shares of Revolve Group stock. The stock was sold at an average price of $28.78, for a total transaction of $2,262,654.82.
• On Thursday, December 18th, Michael Mente sold 88,444 shares of Revolve Group stock. The stock was sold at an average price of $28.41, for a total value of $2,512,694.04.
• On Thursday, December 4th, Michael Mente sold 41,563 shares of Revolve Group stock. The shares were sold at an average price of $26.02, for a total value of $1,081,469.26.
• On Wednesday, December 3rd, Michael Mente sold 114,024 shares of Revolve Group stock. The shares were sold at an average price of $26.67, for a total value of $3,041,020.08.

Revolve Group Trading Down 2.0%

Shares of RVLV stock opened at $27.64 on Friday. Revolve Group, Inc. has a 12 month low of $16.80 and a 12 month high of $32.58. The company has a market capitalization of $1.97 billion, a P/E ratio of 36.37, a P/E/G ratio of 2.70 and a beta of 1.75. The stock has a 50 day moving average of $28.67 and a two-hundred day moving average of $24.22.

Revolve Group (NYSE:RVLV) last issued its earnings results on Tuesday, November 4th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.13. The business had revenue of $295.63 million during the quarter, compared to analyst estimates of $297.36 million. Revolve Group had a return on equity of 11.26% and a net margin of 4.64%.Revolve Group’s revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.15 earnings per share. Sell-side analysts predict that Revolve Group, Inc. will post 0.6 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on RVLV shares. Weiss Ratings reissued a “hold (c)” rating on shares of Revolve Group in a research report on Thursday, January 22nd. Morgan Stanley increased their target price on Revolve Group from $26.00 to $27.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 13th. Wall Street Zen lowered Revolve Group from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Roth Mkm reiterated a “buy” rating and set a $30.00 price objective (up from $27.00) on shares of Revolve Group in a research note on Wednesday, November 5th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $34.00 price objective on shares of Revolve Group in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.62.

Institutional Investors Weigh In On Revolve Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC lifted its holdings in Revolve Group by 4.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 628,552 shares of the company’s stock worth $13,388,000 after buying an additional 28,428 shares in the last quarter. Creative Planning raised its position in shares of Revolve Group by 10.8% during the second quarter. Creative Planning now owns 155,019 shares of the company’s stock worth $3,108,000 after acquiring an additional 15,104 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Revolve Group by 5.9% during the second quarter. Geode Capital Management LLC now owns 935,784 shares of the company’s stock valued at $18,764,000 after acquiring an additional 52,049 shares during the period. Segall Bryant & Hamill LLC boosted its holdings in Revolve Group by 20.3% in the second quarter. Segall Bryant & Hamill LLC now owns 293,725 shares of the company’s stock valued at $5,889,000 after acquiring an additional 49,618 shares during the last quarter. Finally, Federated Hermes Inc. increased its position in Revolve Group by 41.9% in the second quarter. Federated Hermes Inc. now owns 347,664 shares of the company’s stock worth $6,971,000 after purchasing an additional 102,573 shares during the period. 67.60% of the stock is owned by institutional investors and hedge funds.

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.