GW&K Investment Management LLC Grows Stock Holdings in Revolve Group, Inc. $RVLV

GW&K Investment Management LLC grew its holdings in shares of Revolve Group, Inc. (NYSE:RVLVFree Report) by 5.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 797,389 shares of the company’s stock after acquiring an additional 42,852 shares during the period. GW&K Investment Management LLC’s holdings in Revolve Group were worth $24,073,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Cooper Creek Partners Management LLC bought a new stake in Revolve Group during the 3rd quarter valued at about $22,164,000. Balyasny Asset Management L.P. increased its stake in Revolve Group by 830.9% during the 2nd quarter. Balyasny Asset Management L.P. now owns 1,009,877 shares of the company’s stock valued at $20,248,000 after purchasing an additional 901,396 shares in the last quarter. Marshall Wace LLP increased its stake in Revolve Group by 89.3% during the 3rd quarter. Marshall Wace LLP now owns 1,031,294 shares of the company’s stock valued at $21,967,000 after purchasing an additional 486,616 shares in the last quarter. Vanguard Group Inc. increased its stake in Revolve Group by 9.2% during the 4th quarter. Vanguard Group Inc. now owns 4,299,273 shares of the company’s stock valued at $129,795,000 after purchasing an additional 360,598 shares in the last quarter. Finally, William Blair Investment Management LLC increased its stake in Revolve Group by 16.6% during the 4th quarter. William Blair Investment Management LLC now owns 2,148,125 shares of the company’s stock valued at $64,852,000 after purchasing an additional 306,547 shares in the last quarter. 67.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

RVLV has been the subject of a number of analyst reports. BTIG Research restated a “buy” rating and set a $35.00 price objective on shares of Revolve Group in a research note on Wednesday, May 6th. Raymond James Financial set a $28.00 price objective on shares of Revolve Group in a research note on Wednesday, May 6th. Robert W. Baird set a $28.00 price objective on shares of Revolve Group in a research note on Wednesday, May 6th. Weiss Ratings restated a “hold (c)” rating on shares of Revolve Group in a research note on Tuesday, April 21st. Finally, KeyCorp decreased their price target on Revolve Group from $35.00 to $32.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $29.33.

Read Our Latest Stock Report on RVLV

Revolve Group Stock Up 0.4%

Shares of NYSE RVLV opened at $20.34 on Thursday. The firm’s 50-day moving average price is $22.07 and its 200-day moving average price is $25.10. The company has a market cap of $1.46 billion, a PE ratio of 22.86, a PEG ratio of 2.19 and a beta of 1.67. Revolve Group, Inc. has a 52-week low of $17.35 and a 52-week high of $31.68.

Revolve Group (NYSE:RVLVGet Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. The firm had revenue of $342.88 million for the quarter, compared to the consensus estimate of $328.84 million. Revolve Group had a net margin of 5.05% and a return on equity of 12.17%. The business’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.16 EPS. As a group, equities research analysts anticipate that Revolve Group, Inc. will post 0.86 EPS for the current fiscal year.

Insider Activity

In other news, CEO Michael Mente sold 15,640 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $26.00, for a total transaction of $406,640.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last quarter, insiders have sold 135,213 shares of company stock worth $3,555,075. Company insiders own 42.67% of the company’s stock.

Revolve Group Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding RVLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Revolve Group, Inc. (NYSE:RVLVFree Report).

Institutional Ownership by Quarter for Revolve Group (NYSE:RVLV)

Receive News & Ratings for Revolve Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Revolve Group and related companies with MarketBeat.com's FREE daily email newsletter.