Gradient Investments LLC Makes New Investment in Revolve Group, Inc. $RVLV

Gradient Investments LLC acquired a new stake in shares of Revolve Group, Inc. (NYSE:RVLV) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 62,767 shares of the company’s stock, valued at approximately $1,437,000.

Other institutional investors have also recently made changes to their positions in the company. Fuller & Thaler Asset Management Inc. purchased a new stake in Revolve Group during the 4th quarter worth approximately $59,421,000. Cooper Creek Partners Management LLC purchased a new position in shares of Revolve Group in the third quarter worth $22,164,000. Balyasny Asset Management L.P. lifted its stake in shares of Revolve Group by 830.9% during 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 period. Marshall Wace LLP lifted its stake in shares of Revolve Group by 89.3% during the third 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. lifted its stake in shares of Revolve Group by 9.2% during the fourth 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. Institutional investors and hedge funds own 67.60% of the company’s stock.

Revolve Group Stock Performance

Shares of RVLV opened at $24.29 on Monday. The business’s 50-day moving average is $22.99 and its two-hundred day moving average is $23.68. The company has a market capitalization of $1.74 billion, a P/E ratio of 24.05, a P/E/G ratio of 2.96 and a beta of 1.60. Revolve Group, Inc. has a fifty-two week low of $17.35 and a fifty-two week high of $31.68.

Revolve Group (NYSE:RVLV) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.05. Revolve Group had a return on equity of 13.38% and a net margin of 5.54%.The business had revenue of $347.41 million during the quarter, compared to analysts’ expectations of $341.91 million. During the same quarter in the previous year, the firm posted $0.14 EPS. The company’s revenue for the quarter was up 12.5% on a year-over-year basis. Analysts forecast that Revolve Group, Inc. will post 0.83 EPS for the current year.

Wall Street Analyst Weigh In

RVLV has been the topic of several research reports. Raymond James Financial set a $28.00 target price on Revolve Group in a research report on Wednesday, May 6th. BTIG Research reaffirmed a “buy” rating and set a $35.00 price target on shares of Revolve Group in a research report on Wednesday, May 6th. Barclays dropped their price target on Revolve Group from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. Roth Capital reissued a “buy” rating and issued a $37.00 price objective on shares of Revolve Group in a report on Wednesday. Finally, UBS Group raised their price objective on Revolve Group from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $30.08.

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.