Revolve Group (NYSE:RVLV) CEO Sells $50,511.64 in Stock

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Karanikolas sold 1,948 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $25.93, for a total transaction of $50,511.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Revolve Group Trading Up 1.3%

Shares of RVLV opened at $25.13 on Monday. The firm has a fifty day simple moving average of $28.94 and a two-hundred day simple moving average of $24.61. The firm has a market cap of $1.79 billion, a PE ratio of 33.07, a P/E/G ratio of 2.40 and a beta of 1.79. Revolve Group, Inc. has a 1-year low of $16.80 and a 1-year high of $31.86.

Analysts Set New Price Targets

Several brokerages have recently weighed in on RVLV. Morgan Stanley increased their price objective on shares of Revolve Group from $26.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 13th. Jefferies Financial Group reiterated a “buy” rating and issued a $34.00 price target on shares of Revolve Group in a research report on Thursday, December 18th. Wall Street Zen downgraded shares of Revolve Group from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Revolve Group in a report on Thursday, January 22nd. Finally, BTIG Research reissued a “buy” rating and set a $30.00 price target on shares of Revolve Group in a report on Wednesday, November 19th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $27.62.

Hedge Funds Weigh In On Revolve Group

A number of large investors have recently made changes to their positions in the company. Madison Asset Management LLC boosted its position in shares of Revolve Group by 0.4% during the fourth quarter. Madison Asset Management LLC now owns 129,686 shares of the company’s stock valued at $3,915,000 after buying an additional 486 shares during the period. New York State Common Retirement Fund lifted its holdings in Revolve Group by 0.4% during the 2nd quarter. New York State Common Retirement Fund now owns 164,703 shares of the company’s stock valued at $3,302,000 after buying an additional 627 shares in the last quarter. Arizona State Retirement System boosted its position in Revolve Group by 6.9% in the 3rd quarter. Arizona State Retirement System now owns 11,946 shares of the company’s stock valued at $254,000 after buying an additional 772 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in 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 worth $489,000 after acquiring an additional 964 shares in the last quarter. Finally, Alliancebernstein L.P. increased its position in shares of Revolve Group by 2.7% during the third quarter. Alliancebernstein L.P. now owns 38,600 shares of the company’s stock worth $822,000 after acquiring an additional 1,000 shares during the period. 67.60% of the stock is owned by hedge funds and other 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.