Revolve Group, Inc. $RVLV Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas cut its position in Revolve Group, Inc. (NYSE:RVLV) by 27.6% during the third quarter, HoldingsChannel.com reports. The fund owned 52,238 shares of the company’s stock after selling 19,907 shares during the period. Teacher Retirement System of Texas’ holdings in Revolve Group were worth $1,113,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Balyasny Asset Management L.P. raised its position 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 valued at $20,248,000 after buying an additional 901,396 shares during the last quarter. William Blair Investment Management LLC lifted its stake in Revolve Group by 80.2% in the 2nd quarter. William Blair Investment Management LLC now owns 1,775,735 shares of the company’s stock worth $35,603,000 after purchasing an additional 790,205 shares in the last quarter. Marshall Wace LLP boosted its holdings in shares of Revolve Group by 2,036.0% during the 2nd quarter. Marshall Wace LLP now owns 544,678 shares of the company’s stock worth $10,921,000 after purchasing an additional 519,178 shares during the last quarter. Stephens Investment Management Group LLC grew its position in shares of Revolve Group by 28.6% in the second quarter. Stephens Investment Management Group LLC now owns 817,980 shares of the company’s stock valued at $16,400,000 after purchasing an additional 181,929 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its holdings in shares of Revolve Group by 56.2% in the second quarter. Qube Research & Technologies Ltd now owns 504,468 shares of the company’s stock valued at $10,115,000 after purchasing an additional 181,465 shares during the last quarter. 67.60% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on RVLV shares. Weiss Ratings restated a “hold (c)” rating on shares of Revolve Group in a report on Thursday, January 22nd. Roth Mkm reissued a “buy” rating and set a $30.00 price target (up previously from $27.00) on shares of Revolve Group in a research report on Wednesday, November 5th. Morgan Stanley raised their price objective on shares of Revolve Group from $26.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 13th. BTIG Research reaffirmed a “buy” rating and set a $30.00 price target on shares of Revolve Group in a research report on Wednesday, November 19th. Finally, UBS Group set a $27.00 target price on Revolve Group in a research note on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $27.62.

Revolve Group Trading Up 0.6%

Shares of NYSE RVLV opened at $27.83 on Tuesday. The stock has a market capitalization of $1.98 billion, a PE ratio of 36.61, a PEG ratio of 2.64 and a beta of 1.79. Revolve Group, Inc. has a twelve month low of $16.80 and a twelve month high of $32.22. The stock has a fifty day simple moving average of $28.77 and a 200-day simple moving average of $24.31.

Revolve Group (NYSE:RVLV) last announced its earnings results on Tuesday, November 4th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.13. The company had revenue of $295.63 million during the quarter, compared to analysts’ expectations of $297.36 million. Revolve Group had a return on equity of 11.26% and a net margin of 4.64%.Revolve Group’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period last year, the business posted $0.15 EPS. On average, equities analysts predict that Revolve Group, Inc. will post 0.6 earnings per share for the current year.

Insider Activity

In related news, CFO Jesse Timmermans sold 5,349 shares of the company’s stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $31.51, for a total transaction of $168,546.99. Following the sale, the chief financial officer directly owned 11,610 shares of the company’s stock, valued at $365,831.10. This represents a 31.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Michael Mente sold 49,882 shares of the stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $28.57, for a total transaction of $1,425,128.74. The disclosure for this sale is available in the SEC filing. Insiders have sold 763,335 shares of company stock worth $22,105,769 in the last three months. Corporate insiders own 46.56% of the company’s stock.

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.