GW&K Investment Management LLC Grows Position in Revolve Group, Inc. $RVLV

GW&K Investment Management LLC grew its stake in shares of Revolve Group, Inc. (NYSE:RVLVFree Report) by 5.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 797,389 shares of the company’s stock after purchasing an additional 42,852 shares during the quarter. GW&K Investment Management LLC owned approximately 1.12% of Revolve Group worth $24,073,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in RVLV. Quarry LP boosted its stake in shares of Revolve Group by 6,932.1% during the third quarter. Quarry LP now owns 3,727 shares of the company’s stock valued at $79,000 after purchasing an additional 3,674 shares during the period. Generali Investments Towarzystwo Funduszy Inwestycyjnych increased its holdings in Revolve Group by 50.0% during the 4th quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 4,500 shares of the company’s stock valued at $136,000 after purchasing an additional 1,500 shares during the period. Quantbot Technologies LP purchased a new position in Revolve Group during the 2nd quarter valued at about $159,000. CWM LLC increased its holdings in Revolve Group by 182.2% during the 4th quarter. CWM LLC now owns 6,271 shares of the company’s stock valued at $189,000 after purchasing an additional 4,049 shares during the period. Finally, Jefferies Financial Group Inc. purchased a new position in Revolve Group during the 4th quarter valued at about $216,000. Hedge funds and other institutional investors own 67.60% of the company’s stock.

Insider Activity

In other news, CEO Michael Mente sold 60,923 shares of Revolve Group stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $26.43, for a total transaction of $1,610,194.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 135,213 shares of company stock worth $3,555,075 in the last ninety days. 42.67% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on RVLV shares. Zacks Research downgraded shares of Revolve Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. Robert W. Baird set a $28.00 target price on shares of Revolve Group in a research report on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Revolve Group in a research report on Tuesday, April 21st. TD Cowen reaffirmed a “buy” rating on shares of Revolve Group in a research report on Wednesday, February 25th. Finally, UBS Group dropped their target price on shares of Revolve Group from $31.00 to $28.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Revolve Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.33.

View Our Latest Research Report on Revolve Group

Revolve Group Stock Up 0.4%

Shares of RVLV stock opened at $20.34 on Thursday. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 22.86, a PEG ratio of 2.19 and a beta of 1.67. The business’s fifty day moving average is $22.07 and its 200 day moving average is $25.10. Revolve Group, Inc. has a twelve month low of $17.35 and a twelve month high of $31.68.

Revolve Group (NYSE:RVLVGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.02. Revolve Group had a return on equity of 12.17% and a net margin of 5.05%.The company had revenue of $342.88 million for the quarter, compared to analysts’ expectations of $328.84 million. During the same period in the prior year, the firm earned $0.16 earnings per share. The firm’s revenue for the quarter was up 15.6% on a year-over-year basis. Equities research analysts expect that Revolve Group, Inc. will post 0.86 earnings per share for the current fiscal year.

Revolve Group Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Revolve Group (NYSE:RVLV)

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