Landscape Capital Management L.L.C. boosted its stake in Revolve Group, Inc. (NYSE:RVLV – Free Report) by 126.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 240,622 shares of the company’s stock after purchasing an additional 134,451 shares during the period. Landscape Capital Management L.L.C.’s holdings in Revolve Group were worth $5,125,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. State of Alaska Department of Revenue bought a new stake in shares of Revolve Group in the 3rd quarter valued at about $46,000. Elevation Point Wealth Partners LLC bought a new position in shares of Revolve Group during the second quarter worth about $68,000. Atlantic Union Bankshares Corp bought a new position in shares of Revolve Group during the third quarter worth about $125,000. Quantbot Technologies LP acquired a new position in shares of Revolve Group in the second quarter worth approximately $159,000. Finally, Police & Firemen s Retirement System of New Jersey lifted its stake in shares of Revolve Group by 15.5% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 9,156 shares of the company’s stock worth $184,000 after acquiring an additional 1,231 shares during the period. 67.60% of the stock is owned by institutional investors.
Insider Activity
In related news, CEO Michael Mente sold 88,444 shares of the stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $28.41, for a total transaction of $2,512,694.04. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 602,189 shares of company stock worth $17,842,032. 43.82% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
View Our Latest Analysis on Revolve Group
Revolve Group Trading Up 0.8%
NYSE RVLV traded up $0.18 during trading hours on Friday, hitting $23.02. 48,599 shares of the company’s stock were exchanged, compared to its average volume of 1,168,905. The firm has a market cap of $1.64 billion, a price-to-earnings ratio of 27.17, a PEG ratio of 2.45 and a beta of 1.77. The stock has a 50-day simple moving average of $27.27 and a 200 day simple moving average of $25.09. Revolve Group, Inc. has a 1-year low of $16.80 and a 1-year high of $31.68.
Revolve Group (NYSE:RVLV – Get Free Report) last posted its quarterly earnings results on Tuesday, February 24th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.10. The firm had revenue of $324.37 million for the quarter, compared to analysts’ expectations of $305.83 million. Revolve Group had a return on equity of 12.12% and a net margin of 5.03%.The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.17 EPS. On average, sell-side analysts anticipate that Revolve Group, Inc. will post 0.6 earnings per share for the current fiscal year.
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.
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