Revolve Group (NYSE:RVLV) CEO Sells $1,641,228.71 in Stock

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Mente sold 56,419 shares of the business’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $29.09, for a total transaction of $1,641,228.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Wednesday, January 28th, Michael Mente sold 49,882 shares of Revolve Group stock. The shares were sold at an average price of $28.57, for a total transaction of $1,425,128.74.
• On Monday, January 26th, Michael Mente sold 32,709 shares of Revolve Group stock. The stock was sold at an average price of $29.76, for a total transaction of $973,419.84.
• On Friday, January 9th, Michael Mente sold 68,995 shares of Revolve Group stock. The shares were 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 shares were 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 stock was 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 value 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 value 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 stock was sold at an average price of $26.67, for a total value of $3,041,020.08.

Revolve Group Stock Performance

Shares of RVLV stock opened at $27.64 on Friday. Revolve Group, Inc. has a fifty-two week low of $16.80 and a fifty-two week high of $32.58. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of 36.37, a PEG ratio of 2.70 and a beta of 1.75. The stock’s 50-day simple moving average is $28.67 and its 200-day simple moving average is $24.22.

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of RVLV. Cooper Creek Partners Management LLC purchased a new stake in Revolve Group in the 3rd quarter worth approximately $22,164,000. Balyasny Asset Management L.P. lifted its stake in shares of Revolve Group by 830.9% in the 2nd quarter. Balyasny Asset Management L.P. now owns 1,009,877 shares of the company’s stock valued at $20,248,000 after purchasing an additional 901,396 shares during the period. William Blair Investment Management LLC boosted its holdings in Revolve Group by 80.2% during the second quarter. William Blair Investment Management LLC now owns 1,775,735 shares of the company’s stock worth $35,603,000 after buying an additional 790,205 shares in the last quarter. Marshall Wace LLP boosted its holdings in Revolve Group by 2,036.0% during the second quarter. Marshall Wace LLP now owns 544,678 shares of the company’s stock worth $10,921,000 after buying an additional 519,178 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in Revolve Group by 9.2% during the fourth quarter. Vanguard Group Inc. now owns 4,299,273 shares of the company’s stock valued at $129,795,000 after buying an additional 360,598 shares during the period. 67.60% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. BTIG Research restated a “buy” rating and issued a $30.00 target price on shares of Revolve Group in a research note on Wednesday, November 19th. Roth Mkm reissued a “buy” rating and issued a $30.00 price objective (up from $27.00) on shares of Revolve Group in a report on Wednesday, November 5th. Guggenheim started coverage on Revolve Group in a report on Tuesday, December 9th. They set a “neutral” rating for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Revolve Group in a report on Thursday, January 22nd. Finally, UBS Group set a $27.00 price target on shares of Revolve Group in a report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $27.62.

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.