Michael Karanikolas Sells 1,948 Shares of Revolve Group (NYSE:RVLV) Stock

Revolve Group, Inc. (NYSE:RVLV) CEO Michael Karanikolas sold 1,948 shares of Revolve Group stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $25.93, for a total value of $50,511.64. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Revolve Group Stock Performance

RVLV traded up $0.33 during midday trading on Friday, reaching $25.13. 741,403 shares of the company were exchanged, compared to its average volume of 937,119. The stock has a market capitalization of $1.79 billion, a P/E ratio of 33.07, a PEG ratio of 2.45 and a beta of 1.79. Revolve Group, Inc. has a one year low of $16.80 and a one year high of $31.86. The stock’s 50-day simple moving average is $28.96 and its 200 day simple moving average is $24.54.

Analyst Ratings Changes

Several analysts recently commented on the company. KeyCorp raised their price objective on Revolve Group from $25.00 to $35.00 and gave the stock an “overweight” rating in a research note on Thursday, January 22nd. Robert W. Baird set a $29.00 price target on Revolve Group in a research report on Wednesday, December 17th. UBS Group set a $27.00 price objective on Revolve Group in a report on Tuesday, January 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Revolve Group in a research note on Thursday, January 22nd. Finally, Evercore restated a “mixed” rating on shares of Revolve Group in a report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $27.62.

Institutional Trading of Revolve Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. State of Alaska Department of Revenue acquired a new position in shares of Revolve Group during the 3rd quarter worth approximately $46,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych bought a new position in Revolve Group during the second quarter worth $60,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Revolve Group in the second quarter valued at $68,000. Quarry LP increased its holdings in shares of Revolve Group by 6,932.1% in the third quarter. Quarry LP now owns 3,727 shares of the company’s stock valued at $79,000 after purchasing an additional 3,674 shares during the last quarter. Finally, Logan Capital Management Inc. raised its position in shares of Revolve Group by 35.5% in the second quarter. Logan Capital Management Inc. now owns 5,579 shares of the company’s stock valued at $112,000 after purchasing an additional 1,463 shares during the period. 67.60% of the stock is currently owned by institutional investors and hedge funds.

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.