Daiwa Securities Group Inc. Sells 39,805 Shares of Revolve Group, Inc. $RVLV

Daiwa Securities Group Inc. decreased its stake in shares of Revolve Group, Inc. (NYSE:RVLV) by 54.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,675 shares of the company’s stock after selling 39,805 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Revolve Group were worth $1,017,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RVLV. Cooper Creek Partners Management LLC bought a new stake in Revolve Group during the 3rd quarter valued at about $22,164,000. Balyasny Asset Management L.P. lifted its holdings in Revolve Group by 830.9% during 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 buying an additional 901,396 shares in the last quarter. 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 valued at $21,967,000 after buying an additional 486,616 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Revolve Group by 9.2% during the 4th 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 in the last quarter. Finally, William Blair Investment Management LLC lifted its holdings in Revolve Group by 16.6% during the 4th quarter. William Blair Investment Management LLC now owns 2,148,125 shares of the company’s stock valued at $64,852,000 after buying an additional 306,547 shares in the last quarter. Institutional investors own 67.60% of the company’s stock.

Revolve Group Stock Performance

NYSE RVLV opened at $20.34 on Thursday. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 22.86, a price-to-earnings-growth ratio of 2.19 and a beta of 1.67. The company’s 50-day simple moving average is $22.07 and its two-hundred day simple moving average is $25.10. Revolve Group, Inc. has a one year low of $17.35 and a one year high of $31.68.

Revolve Group (NYSE:RVLV) last posted its earnings results on Tuesday, May 5th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. The business had revenue of $342.88 million for 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 company’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.16 EPS. Equities analysts expect that Revolve Group, Inc. will post 0.86 earnings per share for the current fiscal year.

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 value of $1,610,194.89. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last quarter, insiders have sold 135,213 shares of company stock valued at $3,555,075. 42.67% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on RVLV shares. TD Cowen reiterated a “buy” rating on shares of Revolve Group in a report on Wednesday, February 25th. Zacks Research lowered shares of Revolve Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. Barclays cut their target price on shares of Revolve Group from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 7th. Robert W. Baird set a $28.00 target price on shares of Revolve Group in a research report on Wednesday, May 6th. Finally, Roth Mkm reissued a “buy” rating and set a $33.00 target price (up from $30.00) on shares of Revolve Group in a research report on Wednesday, February 25th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $29.33.

Revolve Group 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.