43,811 Shares in Revolve Group, Inc. $RVLV Acquired by Wakefield Asset Management LLLP

Wakefield Asset Management LLLP purchased a new position in shares of Revolve Group, Inc. (NYSE:RVLV) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 43,811 shares of the company’s stock, valued at approximately $1,323,000.

A number of other large investors have also bought and sold shares of the business. Vanguard Group Inc. grew its position in Revolve Group by 9.2% during the 4th quarter. Vanguard Group Inc. now owns 4,299,273 shares of the company’s stock worth $129,795,000 after acquiring an additional 360,598 shares during the last quarter. William Blair Investment Management LLC grew its position in Revolve Group by 3.7% during the 3rd quarter. William Blair Investment Management LLC now owns 1,841,578 shares of the company’s stock worth $39,226,000 after acquiring an additional 65,843 shares during the last quarter. Balyasny Asset Management L.P. grew its position in Revolve Group by 18.4% during the 3rd quarter. Balyasny Asset Management L.P. now owns 1,196,171 shares of the company’s stock worth $25,478,000 after acquiring an additional 186,294 shares during the last quarter. Cooper Creek Partners Management LLC acquired a new position in Revolve Group during the 3rd quarter worth $22,164,000. Finally, Marshall Wace LLP lifted its holdings in Revolve Group by 89.3% during the 3rd quarter. Marshall Wace LLP now owns 1,031,294 shares of the company’s stock worth $21,967,000 after buying an additional 486,616 shares in the last quarter. 67.60% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Michael Mente sold 60,923 shares of the firm’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $26.43, for a total value of $1,610,194.89. The transaction was disclosed in a document filed with the SEC, which is available through this link. In the last 90 days, insiders sold 135,213 shares of company stock valued at $3,555,075. 42.67% of the stock is owned by company insiders.

Revolve Group Stock Up 0.7%

RVLV stock opened at $18.63 on Friday. Revolve Group, Inc. has a twelve month low of $17.35 and a twelve month high of $31.68. The company has a market cap of $1.33 billion, a P/E ratio of 20.94, a price-to-earnings-growth ratio of 2.00 and a beta of 1.76. The business’s fifty day moving average is $23.42 and its 200-day moving average is $25.39.

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

Analyst Upgrades and Downgrades

RVLV has been the topic of several research reports. Roth Mkm reaffirmed a “buy” rating and set a $33.00 price objective (up from $30.00) on shares of Revolve Group in a report on Wednesday, February 25th. UBS Group reduced their price objective on Revolve Group from $31.00 to $28.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Robert W. Baird set a $28.00 price objective on Revolve Group in a report on Wednesday, May 6th. KeyCorp reduced their price objective on Revolve Group from $35.00 to $32.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Finally, Morgan Stanley set a $27.00 price objective on Revolve Group in a report on Wednesday, May 6th. Eight equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Revolve Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.33.

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.