Revlon, Inc. (NYSE:REV) Director Ronald O. Perelman bought 419,127 shares of Revlon stock in a transaction that occurred on Tuesday, August 8th. The shares were acquired at an average cost of $18.55 per share, for a total transaction of $7,774,805.85. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Revlon, Inc. (NYSE:REV) traded down 0.78% during trading on Wednesday, hitting $19.10. 648,878 shares of the company traded hands. The stock’s market capitalization is $1.00 billion. The company’s 50 day moving average is $21.87 and its 200-day moving average is $25.98. Revlon, Inc. has a 52 week low of $15.60 and a 52 week high of $37.96.

Revlon (NYSE:REV) last released its quarterly earnings results on Friday, August 4th. The company reported ($0.46) earnings per share (EPS) for the quarter. The business had revenue of $645.70 million for the quarter. Revlon had a negative net margin of 4.35% and a negative return on equity of 3.09%. Analysts predict that Revlon, Inc. will post $1.80 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: “Ronald O. Perelman Purchases 419,127 Shares of Revlon, Inc. (REV) Stock” was originally posted by Daily Political and is owned by of Daily Political. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this story can be viewed at https://www.dailypolitical.com/2017/08/09/ronald-o-perelman-purchases-419127-shares-of-revlon-inc-rev-stock.html.

A number of large investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers increased its stake in Revlon by 2.1% in the second quarter. Rhumbline Advisers now owns 13,793 shares of the company’s stock worth $327,000 after buying an additional 280 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake in shares of Revlon by 1.2% in the second quarter. Schwab Charles Investment Management Inc. now owns 61,610 shares of the company’s stock valued at $1,461,000 after buying an additional 745 shares in the last quarter. Pioneer Investment Management Inc. purchased a new stake in shares of Revlon during the second quarter valued at $1,186,000. Finally, K.J. Harrison & Partners Inc increased its stake in shares of Revlon by 5.4% in the second quarter. K.J. Harrison & Partners Inc now owns 100,300 shares of the company’s stock valued at $2,377,000 after buying an additional 5,124 shares in the last quarter. 19.18% of the stock is currently owned by institutional investors.

Separately, BidaskClub lowered shares of Revlon from a “sell” rating to a “strong sell” rating in a report on Monday, July 24th.

About Revlon

Revlon, Inc manufactures, markets and sells around the world a range of beauty and personal care products, including color cosmetics, hair color, hair care and hair treatments, as well as beauty tools, men’s grooming products, anti-perspirant deodorants, fragrances, skincare and other beauty care products.

Insider Buying and Selling by Quarter for Revlon (NYSE:REV)

Receive News & Ratings for Revlon Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Revlon Inc. and related companies with MarketBeat.com's FREE daily email newsletter.