Zacks Research Downgrades Revolve Group (NYSE:RVLV) to Hold

Revolve Group (NYSE:RVLV) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

Other research analysts have also issued reports about the stock. TD Cowen reissued a “buy” rating on shares of Revolve Group in a research note on Wednesday. Robert W. Baird set a $29.00 price target on Revolve Group in a report on Wednesday, December 17th. Morgan Stanley set a $28.00 price objective on Revolve Group in a report on Wednesday. Evercore restated a “mixed” rating on shares of Revolve Group in a research report on Wednesday, November 5th. Finally, Piper Sandler boosted their price target on Revolve Group from $25.00 to $30.00 and gave the stock an “overweight” rating in a research report on Wednesday. Eight research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.50.

Revolve Group Trading Down 4.6%

RVLV traded down $1.20 during trading on Thursday, reaching $25.10. 1,478,979 shares of the company were exchanged, compared to its average volume of 1,434,766. Revolve Group has a 52 week low of $16.80 and a 52 week high of $31.68. The firm has a 50 day moving average of $28.33 and a 200 day moving average of $24.90. The stock has a market cap of $1.79 billion, a P/E ratio of 29.53, a PEG ratio of 2.63 and a beta of 1.79.

Revolve Group (NYSE:RVLV) last posted its earnings results on Tuesday, February 24th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.10. The company had revenue of $324.37 million for the quarter, compared to analysts’ expectations of $305.83 million. Revolve Group had a return on equity of 12.39% and a net margin of 5.03%.The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period last year, the business posted $0.17 earnings per share. As a group, analysts forecast that Revolve Group will post 0.6 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Jesse Timmermans sold 5,349 shares of Revolve Group stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $31.51, for a total transaction of $168,546.99. Following the transaction, the chief financial officer directly owned 11,610 shares in the company, valued at approximately $365,831.10. This trade represents a 31.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael Karanikolas sold 1,948 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $25.93, for a total value of $50,511.64. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 780,928 shares of company stock valued at $22,565,084 over the last quarter. Corporate insiders own 43.82% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Invesco Ltd. raised its position in Revolve Group by 19.5% in the fourth quarter. Invesco Ltd. now owns 96,734 shares of the company’s stock worth $2,920,000 after acquiring an additional 15,809 shares in the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in shares of Revolve Group in the 4th quarter worth approximately $59,421,000. Man Group plc lifted its stake in Revolve Group by 0.6% during the fourth quarter. Man Group plc now owns 167,677 shares of the company’s stock valued at $5,062,000 after purchasing an additional 1,064 shares during the last quarter. Balyasny Asset Management L.P. lifted its stake in Revolve Group by 55.7% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,862,955 shares of the company’s stock valued at $56,243,000 after purchasing an additional 666,784 shares during the last quarter. Finally, Polar Asset Management Partners Inc. bought a new stake in Revolve Group during the fourth quarter worth approximately $3,199,000. 67.60% of the stock is 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.