Quantinno Capital Management LP lifted its stake in shares of Revolve Group, Inc. (NYSE:RVLV – Free Report) by 194.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,447 shares of the company’s stock after acquiring an additional 24,709 shares during the quarter. Quantinno Capital Management LP owned about 0.05% of Revolve Group worth $847,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in RVLV. Fuller & Thaler Asset Management Inc. acquired a new stake in Revolve Group in the 4th quarter worth approximately $59,421,000. Cooper Creek Partners Management LLC bought a new position in shares of Revolve Group in the third quarter valued at approximately $22,164,000. Balyasny Asset Management L.P. lifted its stake in shares of Revolve Group by 830.9% in the second quarter. Balyasny Asset Management L.P. now owns 1,009,877 shares of the company’s stock worth $20,248,000 after buying an additional 901,396 shares during the last quarter. Marshall Wace LLP boosted its holdings in shares of 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 during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of 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 buying an additional 360,598 shares during the period. 67.60% of the stock is owned by institutional investors.
Revolve Group Price Performance
NYSE:RVLV opened at $23.11 on Tuesday. Revolve Group, Inc. has a one year low of $17.35 and a one year high of $31.68. The company has a fifty day moving average price of $23.54 and a 200 day moving average price of $23.44. The stock has a market cap of $1.65 billion, a P/E ratio of 22.88, a PEG ratio of 2.95 and a beta of 1.60.
Analyst Upgrades and Downgrades
RVLV has been the topic of several recent analyst reports. Morgan Stanley set a $27.00 target price on shares of Revolve Group in a report on Wednesday, May 6th. Piper Sandler raised their price target on Revolve Group from $27.00 to $30.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Raymond James Financial set a $28.00 price objective on Revolve Group in a research note on Wednesday, May 6th. Robert W. Baird set a $28.00 price objective on Revolve Group in a research report on Wednesday, May 6th. Finally, UBS Group increased their target price on Revolve Group from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Revolve Group presently has a consensus rating of “Moderate Buy” and an average price target of $30.08.
Check Out Our Latest Analysis on Revolve Group
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.
Featured Stories
- Five stocks we like better than Revolve Group
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
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:RVLV – Free Report).
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.
