Revolve Group (NYSE:RVLV) Trading Down 7.6% – What’s Next?

Revolve Group, Inc. (NYSE:RVLV)’s share price was down 7.6% on Monday . The company traded as low as $19.35 and last traded at $19.2730. Approximately 586,226 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 1,072,131 shares. The stock had previously closed at $20.86.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on RVLV shares. Wall Street Zen cut Revolve Group from a “buy” rating to a “hold” rating in a research note on Saturday. Robert W. Baird set a $28.00 price target on Revolve Group in a research note on Wednesday, May 6th. BTIG Research restated a “buy” rating and issued a $35.00 price target on shares of Revolve Group in a research note on Wednesday, May 6th. Piper Sandler dropped their price objective on Revolve Group from $30.00 to $27.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Revolve Group in a report on Wednesday, February 25th. Eight analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.33.

Revolve Group Stock Down 6.5%

The stock has a fifty day moving average of $23.66 and a 200-day moving average of $25.47. The stock has a market cap of $1.25 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 2.01 and a beta of 1.76.

Revolve Group (NYSE:RVLV) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. Revolve Group had a return on equity of 12.17% and a net margin of 5.05%.The firm had revenue of $342.88 million for the quarter, compared to analyst estimates of $328.84 million. During the same quarter last year, the company posted $0.16 earnings per share. The business’s revenue was up 15.6% on a year-over-year basis. Equities research analysts forecast that Revolve Group, Inc. will post 0.86 earnings per share for the current fiscal year.

Insider Transactions at Revolve Group

In related news, CEO Michael Mente sold 60,923 shares of the firm’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $26.43, for a total transaction of $1,610,194.89. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Michael Karanikolas sold 1,948 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was 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. In the last three months, insiders have sold 137,161 shares of company stock worth $3,605,587. Corporate insiders own 42.67% of the company’s stock.

Institutional Investors Weigh In On Revolve Group

A number of institutional investors have recently added to or reduced their stakes in the business. Panagora Asset Management Inc. grew its stake in shares of Revolve Group by 2.0% during the 4th quarter. Panagora Asset Management Inc. now owns 20,284 shares of the company’s stock valued at $612,000 after buying an additional 404 shares during the period. Madison Asset Management LLC grew its stake in shares of Revolve Group by 0.4% during the 4th quarter. Madison Asset Management LLC now owns 129,686 shares of the company’s stock valued at $3,915,000 after buying an additional 486 shares during the period. Arizona State Retirement System grew its stake in shares of Revolve Group by 6.9% during the 3rd quarter. Arizona State Retirement System now owns 11,946 shares of the company’s stock valued at $254,000 after buying an additional 772 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Revolve Group by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,773 shares of the company’s stock valued at $489,000 after buying an additional 964 shares during the period. Finally, Alliancebernstein L.P. grew its stake in shares of Revolve Group by 2.7% during the 3rd quarter. Alliancebernstein L.P. now owns 38,600 shares of the company’s stock valued at $822,000 after buying an additional 1,000 shares during the period. Hedge funds and other institutional investors own 67.60% of the company’s stock.

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.