Revolve Group (NYSE:RVLV) Shares Down 7% – Time to Sell?

Revolve Group, Inc. (NYSE:RVLV) shares dropped 7% during mid-day trading on Monday . The company traded as low as $23.61 and last traded at $23.2250. Approximately 235,589 shares were traded during trading, a decline of 77% from the average daily volume of 1,016,270 shares. The stock had previously closed at $24.98.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. TD Cowen reaffirmed a “buy” rating on shares of Revolve Group in a research report on Wednesday, February 25th. Zacks Research lowered shares of Revolve Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. BTIG Research raised their target price on shares of Revolve Group from $30.00 to $35.00 and gave the company a “buy” rating in a research note 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, Weiss Ratings reiterated a “hold (c)” rating on shares of Revolve Group in a report on Tuesday, April 21st. Eight investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Revolve Group has an average rating of “Moderate Buy” and an average target price of $29.50.

Revolve Group Trading Down 5.9%

The stock has a market capitalization of $1.68 billion, a price-to-earnings ratio of 27.64, a price-to-earnings-growth ratio of 2.50 and a beta of 1.76. The firm has a 50-day moving average of $24.37 and a 200 day moving average of $25.56.

Revolve Group (NYSE:RVLV) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.10. The company had revenue of $324.37 million during the quarter, compared to the consensus estimate of $305.83 million. Revolve Group had a net margin of 5.03% and a return on equity of 12.12%. Revolve Group’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last year, the company earned $0.17 earnings per share. As a group, research analysts forecast that Revolve Group, Inc. will post 0.87 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Michael Mente sold 15,640 shares of Revolve Group stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $26.00, for a total transaction of $406,640.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Michael Karanikolas sold 1,948 shares of the business’s 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. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 152,806 shares of company stock valued at $4,014,390. Company insiders own 42.67% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Fifth Third Bancorp purchased a new position in Revolve Group in the first quarter valued at about $1,011,000. Y Intercept Hong Kong Ltd purchased a new stake in Revolve Group during the 1st quarter worth approximately $2,556,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Revolve Group in the 1st quarter valued at approximately $218,000. Inspire Investing LLC boosted its stake in shares of Revolve Group by 48.1% during the 1st quarter. Inspire Investing LLC now owns 22,775 shares of the company’s stock valued at $515,000 after buying an additional 7,393 shares during the last quarter. Finally, SG Americas Securities LLC boosted its stake in shares of Revolve Group by 177.0% during the 1st quarter. SG Americas Securities LLC now owns 26,663 shares of the company’s stock valued at $603,000 after buying an additional 17,039 shares during the last quarter. Hedge funds and other institutional investors 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.