Revolve Group (NYSE:RVLV) CEO Michael Mente Sells 15,972 Shares

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Mente sold 15,972 shares of the stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $25.90, for a total transaction of $413,674.80. 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, February 11th, Michael Mente sold 15,645 shares of Revolve Group stock. The shares were sold at an average price of $26.13, for a total transaction of $408,803.85.
• 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 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 stock was sold at an average price of $29.76, for a total transaction of $973,419.84.

Revolve Group Price Performance

Shares of RVLV stock opened at $25.02 on Tuesday. Revolve Group, Inc. has a 1 year low of $16.80 and a 1 year high of $31.68. The firm has a fifty day moving average price of $24.24 and a 200-day moving average price of $25.11. The company has a market cap of $1.79 billion, a price-to-earnings ratio of 29.43, a PEG ratio of 2.46 and a beta of 1.80.

Revolve Group (NYSE:RVLV) last announced its earnings results on Tuesday, February 24th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.10. The company had revenue of $324.37 million for the quarter, compared to analysts’ expectations of $305.83 million. Revolve Group had a return on equity of 12.12% and a net margin of 5.03%.Revolve Group’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period last year, the firm earned $0.17 EPS. Equities research analysts expect that Revolve Group, Inc. will post 0.6 EPS for the current year.

Hedge Funds Weigh In On Revolve Group

Hedge funds have recently made changes to their positions in the business. Kestra Advisory Services LLC purchased a new stake in shares of Revolve Group during the fourth quarter worth about $40,000. State of Alaska Department of Revenue purchased a new position in Revolve Group in the 3rd quarter worth approximately $46,000. Quarry LP boosted its stake in Revolve Group by 6,932.1% in the 3rd quarter. Quarry LP now owns 3,727 shares of the company’s stock worth $79,000 after purchasing an additional 3,674 shares during the period. Atlantic Union Bankshares Corp bought a new position in Revolve Group in the 3rd quarter worth approximately $125,000. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych grew 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 buying an additional 1,500 shares in the last quarter. Institutional investors own 67.60% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on RVLV shares. UBS Group set a $27.00 price objective on Revolve Group in a research note on Tuesday, January 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Revolve Group in a report on Thursday, January 22nd. BTIG Research raised their target price on shares of Revolve Group from $30.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. KeyCorp reaffirmed an “overweight” rating on shares of Revolve Group in a report on Wednesday, February 25th. Finally, Morgan Stanley set a $28.00 price target on shares of Revolve Group in a research report on Wednesday, February 25th. Eight analysts have rated the stock with a Buy rating and seven have assigned 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 $29.50.

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.