Federated Hermes Inc. Has $4.82 Million Position in Revolve Group, Inc. $RVLV

Federated Hermes Inc. reduced its position in shares of Revolve Group, Inc. (NYSE:RVLV) by 34.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 226,228 shares of the company’s stock after selling 121,436 shares during the period. Federated Hermes Inc.’s holdings in Revolve Group were worth $4,819,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC boosted its position in shares of Revolve Group by 4.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 628,552 shares of the company’s stock valued at $13,388,000 after acquiring an additional 28,428 shares during the period. Creative Planning increased its position in Revolve Group by 10.8% during the second quarter. Creative Planning now owns 155,019 shares of the company’s stock worth $3,108,000 after acquiring an additional 15,104 shares during the period. Geode Capital Management LLC raised its stake in Revolve Group by 5.9% during the 2nd quarter. Geode Capital Management LLC now owns 935,784 shares of the company’s stock valued at $18,764,000 after purchasing an additional 52,049 shares during the last quarter. Segall Bryant & Hamill LLC boosted its holdings in Revolve Group by 20.3% in the 2nd quarter. Segall Bryant & Hamill LLC now owns 293,725 shares of the company’s stock valued at $5,889,000 after purchasing an additional 49,618 shares during the period. Finally, Hussman Strategic Advisors Inc. grew its position in Revolve Group by 100.0% in the 2nd quarter. Hussman Strategic Advisors Inc. now owns 84,000 shares of the company’s stock worth $1,684,000 after purchasing an additional 42,000 shares during the last quarter. Institutional investors own 67.60% of the company’s stock.

Revolve Group Price Performance

Shares of RVLV stock opened at $27.83 on Tuesday. The stock’s fifty day simple moving average is $28.77 and its 200 day simple moving average is $24.31. Revolve Group, Inc. has a one year low of $16.80 and a one year high of $32.22. The firm has a market cap of $1.98 billion, a price-to-earnings ratio of 36.61, a P/E/G ratio of 2.64 and a beta of 1.79.

Revolve Group (NYSE:RVLV) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.24 earnings per share (EPS) for the quarter, beating 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 period last year, the business earned $0.15 earnings per share. The business’s revenue was up 4.4% on a year-over-year basis. On average, research analysts anticipate that Revolve Group, Inc. will post 0.6 earnings per share for the current year.

Insider Transactions at Revolve Group

In other Revolve Group news, CEO Michael Mente sold 49,882 shares of the company’s stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $28.57, for a total transaction of $1,425,128.74. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Jesse Timmermans sold 5,349 shares of Revolve Group stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $31.51, for a total transaction of $168,546.99. Following the completion of the transaction, the chief financial officer owned 11,610 shares of the company’s stock, valued at $365,831.10. This trade represents a 31.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 763,335 shares of company stock valued at $22,105,769 in the last quarter. 46.56% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on RVLV. Guggenheim began coverage on shares of Revolve Group in a research report on Tuesday, December 9th. They set a “neutral” rating for the company. Barclays boosted their price target on Revolve Group from $23.00 to $24.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 5th. Evercore ISI restated a “mixed” rating on shares of Revolve Group in a research note on Wednesday, November 5th. Jefferies Financial Group reiterated a “buy” rating and issued a $34.00 price objective on shares of Revolve Group in a research report on Thursday, December 18th. Finally, Morgan Stanley lifted their price objective on Revolve Group from $26.00 to $27.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Revolve Group has an average rating of “Moderate Buy” and an average target price of $27.62.

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.