Insider Selling: Revolve Group (NYSE:RVLV) CEO Sells $1,124,565.30 in Stock

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Mente sold 42,678 shares of Revolve Group stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $26.35, for a total transaction of $1,124,565.30. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

• On Wednesday, April 29th, Michael Mente sold 15,640 shares of Revolve Group stock. The stock was sold at an average price of $26.00, for a total transaction of $406,640.00.
• On Monday, April 27th, Michael Mente sold 60,923 shares of Revolve Group stock. The stock was sold at an average price of $26.43, for a total transaction of $1,610,194.89.
• On Thursday, April 9th, Michael Mente sold 15,972 shares of Revolve Group stock. The stock was sold at an average price of $25.90, for a total transaction of $413,674.80.
• On Wednesday, February 11th, Michael Mente sold 15,645 shares of Revolve Group stock. The stock was sold at an average price of $26.13, for a total value of $408,803.85.

Revolve Group Trading Down 1.6%

Shares of RVLV opened at $25.05 on Friday. Revolve Group, Inc. has a 1 year low of $16.80 and a 1 year high of $31.68. The stock has a market cap of $1.79 billion, a P/E ratio of 29.47, a price-to-earnings-growth ratio of 2.55 and a beta of 1.76. The stock’s 50-day moving average price is $24.37 and its two-hundred day moving average price is $25.50.

Revolve Group (NYSE:RVLV) last issued its 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. Revolve Group had a return on equity of 12.12% and a net margin of 5.03%.The firm had revenue of $324.37 million for the quarter, compared to analysts’ expectations of $305.83 million. During the same quarter last year, the business earned $0.17 earnings per share. The company’s revenue was up 10.4% compared to the same quarter last year. As a group, equities analysts forecast that Revolve Group, Inc. will post 0.87 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on RVLV shares. Piper Sandler raised their target price on Revolve Group from $25.00 to $30.00 and gave the stock an “overweight” rating in a report on Wednesday, February 25th. KeyCorp reissued an “overweight” rating on shares of Revolve Group in a research report on Wednesday, February 25th. TD Cowen reissued a “buy” rating on shares of Revolve Group in a research report on Wednesday, February 25th. Morgan Stanley set a $28.00 price target on shares of Revolve Group in a research report on Wednesday, February 25th. Finally, Roth Mkm reissued a “buy” rating and set a $33.00 price target (up from $30.00) on shares of Revolve Group in a research report on Wednesday, February 25th. Eight research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $29.50.

Institutional Investors Weigh In On Revolve Group

Institutional investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC bought a new stake in Revolve Group in the 4th quarter valued at $40,000. State of Alaska Department of Revenue bought a new stake in Revolve Group in the 3rd quarter valued at $46,000. Quarry LP lifted its position in Revolve Group by 6,932.1% in the 3rd quarter. Quarry LP now owns 3,727 shares of the company’s stock valued at $79,000 after acquiring an additional 3,674 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in Revolve Group in the 3rd quarter valued at $125,000. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its position in Revolve Group by 50.0% in the 4th quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 4,500 shares of the company’s stock valued at $136,000 after acquiring an additional 1,500 shares in the last quarter. 67.60% of the stock is owned by institutional investors.

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.