Revolve Group (NYSE:RVLV) CEO Sells $2,262,654.82 in Stock

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Mente sold 78,619 shares of the firm’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $28.78, for a total transaction of $2,262,654.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Michael Mente also recently made the following trade(s):

• On Monday, December 22nd, Michael Mente sold 63,045 shares of Revolve Group stock. The shares were sold at an average price of $29.67, for a total transaction of $1,870,545.15.
• 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 shares were sold at an average price of $26.02, for a total transaction 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.
• On Tuesday, December 2nd, Michael Mente sold 23,152 shares of Revolve Group stock. The stock was sold at an average price of $25.94, for a total transaction of $600,562.88.

Revolve Group Stock Up 2.5%

Shares of NYSE:RVLV traded up $0.72 during trading on Monday, reaching $29.71. 1,060,661 shares of the company traded hands, compared to its average volume of 1,297,491. The firm has a fifty day simple moving average of $23.75 and a 200 day simple moving average of $22.37. Revolve Group, Inc. has a 1-year low of $16.80 and a 1-year high of $34.53. The firm has a market cap of $2.12 billion, a P/E ratio of 39.09, a price-to-earnings-growth ratio of 3.22 and a beta of 1.84.

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

Wall Street Analyst Weigh In

Several research firms recently commented on RVLV. Barclays upped their target price on shares of Revolve Group from $23.00 to $24.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 5th. BTIG Research reiterated a “buy” rating and issued a $30.00 price objective on shares of Revolve Group in a research report on Wednesday, November 19th. Morgan Stanley raised their target price on shares of Revolve Group from $24.00 to $26.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 5th. Robert W. Baird set a $29.00 price target on Revolve Group in a report on Wednesday, December 17th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $34.00 price target on shares of Revolve Group in a research report on Thursday. Nine investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.14.

Institutional Investors Weigh In On Revolve Group

Large investors have recently modified their holdings of the business. State of Alaska Department of Revenue acquired a new stake in shares of Revolve Group in the 3rd quarter valued at approximately $46,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych bought a new position in Revolve Group in the 2nd quarter valued at approximately $60,000. Elevation Point Wealth Partners LLC acquired a new stake in Revolve Group in the second quarter valued at approximately $68,000. Quarry LP grew its stake in shares of Revolve Group by 6,932.1% during the third quarter. Quarry LP now owns 3,727 shares of the company’s stock worth $79,000 after buying an additional 3,674 shares during the last quarter. Finally, Logan Capital Management Inc. grew its stake in shares of Revolve Group by 35.5% during the second quarter. Logan Capital Management Inc. now owns 5,579 shares of the company’s stock worth $112,000 after buying an additional 1,463 shares during the last quarter. Institutional investors and hedge funds own 67.60% of the company’s stock.

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.