Revolve Group, Inc. (NYSE:RVLV – Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $25.23, but opened at $23.81. Revolve Group shares last traded at $23.03, with a volume of 119,153 shares changing hands.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on RVLV shares. Jefferies Financial Group reiterated a “buy” rating and issued a $34.00 target price on shares of Revolve Group in a report on Thursday, December 18th. KeyCorp reiterated an “overweight” rating on shares of Revolve Group in a report on Wednesday, February 25th. Piper Sandler increased their price objective on Revolve Group from $25.00 to $30.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 25th. Robert W. Baird set a $29.00 target price on Revolve Group in a research report on Wednesday, December 17th. Finally, Guggenheim initiated coverage on Revolve Group in a research note on Tuesday, December 9th. They issued a “neutral” rating on the stock. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $29.50.
Read Our Latest Stock Analysis on RVLV
Revolve Group Price Performance
Revolve Group (NYSE:RVLV – Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.10. The company had revenue of $324.37 million for the quarter, compared to the consensus estimate of $305.83 million. Revolve Group had a return on equity of 12.12% and a net margin of 5.03%.Revolve Group’s revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.17 EPS. Equities research analysts predict that Revolve Group, Inc. will post 0.6 earnings per share for the current year.
Insider Transactions at Revolve Group
In other news, CEO Michael Mente sold 15,645 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $26.13, for a total value of $408,803.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Michael Karanikolas sold 1,948 shares of Revolve Group stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $25.93, for a total transaction of $50,511.64. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 602,189 shares of company stock worth $17,842,032. 46.56% of the stock is currently owned by insiders.
Institutional Trading of Revolve Group
A number of large investors have recently made changes to their positions in RVLV. AQR Capital Management LLC increased its position in Revolve Group by 94.7% during the first quarter. AQR Capital Management LLC now owns 24,242 shares of the company’s stock worth $521,000 after buying an additional 11,793 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Revolve Group by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,773 shares of the company’s stock valued at $489,000 after acquiring an additional 964 shares during the period. Caxton Associates LLP purchased a new stake in Revolve Group in the 1st quarter valued at $232,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Revolve Group by 10.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 109,066 shares of the company’s stock worth $2,344,000 after purchasing an additional 10,146 shares during the period. Finally, Atria Investments Inc boosted its stake in Revolve Group by 25.8% during the 2nd quarter. Atria Investments Inc now owns 18,018 shares of the company’s stock worth $361,000 after purchasing an additional 3,696 shares during the period. 67.60% of the stock is owned by institutional investors and hedge funds.
About Revolve Group
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.
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