Calamos Advisors LLC Acquires New Holdings in Revolve Group, Inc. $RVLV

Calamos Advisors LLC bought a new position in Revolve Group, Inc. (NYSE:RVLV) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 32,915 shares of the company’s stock, valued at approximately $994,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. William Blair Investment Management LLC grew its holdings in shares of Revolve Group by 3.7% in the 3rd quarter. William Blair Investment Management LLC now owns 1,841,578 shares of the company’s stock valued at $39,226,000 after buying an additional 65,843 shares during the period. Balyasny Asset Management L.P. increased its position in shares of Revolve Group by 18.4% in the 3rd quarter. Balyasny Asset Management L.P. now owns 1,196,171 shares of the company’s stock valued at $25,478,000 after buying an additional 186,294 shares in the last quarter. Cooper Creek Partners Management LLC acquired a new stake in Revolve Group during the 3rd quarter worth $22,164,000. Marshall Wace LLP raised its stake in 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 period. Finally, Dimensional Fund Advisors LP lifted its holdings in Revolve Group by 1.4% during the third quarter. Dimensional Fund Advisors LP now owns 819,381 shares of the company’s stock worth $17,455,000 after acquiring an additional 11,678 shares in the last quarter. 67.60% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Revolve Group news, CEO Michael Mente sold 15,972 shares of the business’s stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $25.90, for a total value of $413,674.80. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Michael Karanikolas sold 1,948 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $25.93, for a total value of $50,511.64. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 83,447 shares of company stock worth $2,298,119. 46.56% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

RVLV has been the subject of a number of research analyst reports. Morgan Stanley set a $28.00 target price on Revolve Group in a research note on Wednesday, February 25th. Roth Mkm reiterated a “buy” rating and set a $33.00 price objective (up from $30.00) on shares of Revolve Group in a report on Wednesday, February 25th. TD Cowen reiterated a “buy” rating on shares of Revolve Group in a research report on Wednesday, February 25th. Wall Street Zen raised Revolve Group from a “hold” rating to a “buy” rating in a research note on Sunday, April 19th. Finally, UBS Group set a $27.00 target price on shares of Revolve Group in a report on Tuesday, January 13th. Eight research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $29.50.

Revolve Group Trading Down 1.9%

RVLV stock opened at $26.32 on Tuesday. The stock has a 50-day moving average price of $24.31 and a two-hundred day moving average price of $25.45. Revolve Group, Inc. has a 1 year low of $16.80 and a 1 year high of $31.68. The stock has a market cap of $1.88 billion, a PE ratio of 30.97, a price-to-earnings-growth ratio of 2.69 and a beta of 1.80.

Revolve Group (NYSE:RVLV) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.10. The company had revenue of $324.37 million for the quarter, compared to analyst estimates of $305.83 million. Revolve Group had a return on equity of 12.12% and a net margin of 5.03%.The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.17 earnings per share. On average, analysts forecast that Revolve Group, Inc. will post 0.87 earnings per share for the current fiscal year.

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.