Michael Mente Sells 56,419 Shares of Revolve Group (NYSE:RVLV) Stock

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Mente sold 56,419 shares of the firm’s stock in a transaction that occurred on 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 document filed with the SEC, which is accessible through this link.

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 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 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 shares were 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 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 stock was 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 Stock Performance

NYSE RVLV opened at $28.21 on Friday. Revolve Group, Inc. has a 52 week low of $16.80 and a 52 week high of $32.58. The stock’s 50 day moving average price is $28.58 and its two-hundred day moving average price is $24.18. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of 37.11, a PEG ratio of 2.73 and a beta of 1.75.

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

Analyst Upgrades and Downgrades

RVLV has been the subject of a number of recent research reports. Guggenheim began coverage on shares of Revolve Group in a research note on Tuesday, December 9th. They set a “neutral” rating for the company. Morgan Stanley increased their price target on Revolve Group from $26.00 to $27.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 13th. BTIG Research restated a “buy” rating and issued a $30.00 price target on shares of Revolve Group in a research note on Wednesday, November 19th. Jefferies Financial Group reiterated a “buy” rating and set a $34.00 price objective on shares of Revolve Group in a research note on Thursday, December 18th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Revolve Group in a report on Thursday, January 22nd. One equities 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 stock. Based on data from MarketBeat, Revolve Group has a consensus rating of “Moderate Buy” and an average price target of $27.62.

Institutional Trading of Revolve Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in shares of Revolve Group by 9.2% during the 4th quarter. Vanguard Group Inc. now owns 4,299,273 shares of the company’s stock worth $129,795,000 after acquiring an additional 360,598 shares during the period. William Blair Investment Management LLC boosted its position in Revolve Group by 3.7% during the third quarter. William Blair Investment Management LLC now owns 1,841,578 shares of the company’s stock worth $39,226,000 after purchasing an additional 65,843 shares during the period. Balyasny Asset Management L.P. increased its holdings in shares of Revolve Group by 18.4% in the third quarter. Balyasny Asset Management L.P. now owns 1,196,171 shares of the company’s stock valued at $25,478,000 after purchasing an additional 186,294 shares during the last quarter. Cooper Creek Partners Management LLC acquired a new stake in shares of Revolve Group during the 3rd quarter worth about $22,164,000. Finally, Marshall Wace LLP lifted its stake in shares of Revolve Group by 89.3% during the 3rd quarter. Marshall Wace LLP now owns 1,031,294 shares of the company’s stock worth $21,967,000 after buying an additional 486,616 shares during the last quarter. Institutional investors own 67.60% of the company’s stock.

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.