Revolve Group, Inc. $RVLV Position Reduced by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. trimmed its position in Revolve Group, Inc. (NYSE:RVLV) by 16.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 217,540 shares of the company’s stock after selling 43,465 shares during the period. Envestnet Asset Management Inc. owned approximately 0.31% of Revolve Group worth $4,634,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of RVLV. New York State Common Retirement Fund boosted its stake in shares of Revolve Group by 0.4% during the 2nd quarter. New York State Common Retirement Fund now owns 164,703 shares of the company’s stock worth $3,302,000 after acquiring an additional 627 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of Revolve Group by 6.9% in the third 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Revolve Group by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,773 shares of the company’s stock worth $489,000 after buying an additional 964 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of Revolve Group by 6.3% during the second quarter. The Manufacturers Life Insurance Company now owns 18,894 shares of the company’s stock valued at $379,000 after buying an additional 1,113 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey raised its position in Revolve Group by 15.5% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 9,156 shares of the company’s stock valued at $184,000 after buying an additional 1,231 shares during the period. 67.60% of the stock is owned by institutional investors and hedge funds.

Revolve Group Stock Performance

Shares of RVLV opened at $24.26 on Tuesday. The firm has a market cap of $1.73 billion, a PE ratio of 31.92, a PEG ratio of 2.39 and a beta of 1.79. The firm’s 50 day moving average price is $28.55 and its 200 day moving average price is $24.81. Revolve Group, Inc. has a twelve month low of $16.80 and a twelve month high of $31.68.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on RVLV shares. Wall Street Zen lowered Revolve Group from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. BTIG Research restated a “buy” rating and set a $30.00 price target on shares of Revolve Group in a report on Wednesday, November 19th. KeyCorp boosted their price objective on shares of Revolve Group from $25.00 to $35.00 and gave the company an “overweight” rating in a research report on Thursday, January 22nd. Roth Mkm reiterated a “buy” rating and issued a $30.00 target price (up previously from $27.00) on shares of Revolve Group in a research report on Wednesday, November 5th. Finally, UBS Group set a $27.00 target price on shares of Revolve Group in a research note on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $27.62.

Insider Buying and Selling at Revolve Group

In related news, CEO Michael Mente sold 114,024 shares of the company’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $26.67, for a total value of $3,041,020.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In the last quarter, insiders have sold 780,928 shares of company stock worth $22,565,084. 46.56% of the stock is currently owned by company insiders.

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.