Michael Mente Sells 49,882 Shares of Revolve Group (NYSE:RVLV) Stock

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Mente sold 49,882 shares of the business’s stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $28.57, for a total value of $1,425,128.74. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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 transaction 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 shares were sold at an average price of $30.68, for a total value 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 value 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 value 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 shares were 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 shares were 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 transaction of $3,041,020.08.

Revolve Group Price Performance

Shares of NYSE RVLV opened at $28.21 on Friday. Revolve Group, Inc. has a 1 year low of $16.80 and a 1 year high of $32.58. The company’s 50-day moving average is $28.58 and its 200 day moving average is $24.18. The stock has a market capitalization of $2.01 billion, a P/E ratio of 37.11, a P/E/G ratio of 2.73 and a beta of 1.75.

Revolve Group (NYSE:RVLV) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.13. The company 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%.The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter last year, the company earned $0.15 EPS. Research analysts anticipate that Revolve Group, Inc. will post 0.6 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. New York State Common Retirement Fund raised its stake in shares of Revolve Group by 0.4% in the second quarter. New York State Common Retirement Fund now owns 164,703 shares of the company’s stock valued at $3,302,000 after acquiring an additional 627 shares during the period. Arizona State Retirement System grew its holdings in Revolve Group by 6.9% during the 3rd quarter. Arizona State Retirement System now owns 11,946 shares of the company’s stock valued at $254,000 after purchasing an additional 772 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Revolve Group by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,773 shares of the company’s stock worth $489,000 after purchasing an additional 964 shares during the period. Alliancebernstein L.P. raised its position in Revolve Group by 2.7% in the 3rd quarter. Alliancebernstein L.P. now owns 38,600 shares of the company’s stock worth $822,000 after purchasing an additional 1,000 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its stake in Revolve Group by 6.3% in the second quarter. The Manufacturers Life Insurance Company now owns 18,894 shares of the company’s stock worth $379,000 after purchasing an additional 1,113 shares during the last quarter. 67.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on RVLV. UBS Group set a $27.00 target price on shares of Revolve Group in a research report on Tuesday, January 13th. Guggenheim started coverage on Revolve Group in a research note on Tuesday, December 9th. They issued a “neutral” rating for the company. Zacks Research upgraded shares of Revolve Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 8th. Roth Mkm reissued a “buy” rating and set a $30.00 price target (up from $27.00) on shares of Revolve Group in a research note on Wednesday, November 5th. Finally, Barclays boosted their target price on shares of Revolve Group from $23.00 to $24.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 5th. One research 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 has a consensus rating of “Moderate Buy” and an average price target of $27.62.

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.