M&T Bank Corp Lowers Position in Revolve Group, Inc. $RVLV

M&T Bank Corp cut its holdings in Revolve Group, Inc. (NYSE:RVLV) by 77.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,409 shares of the company’s stock after selling 29,693 shares during the quarter. M&T Bank Corp’s holdings in Revolve Group were worth $254,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. State of Alaska Department of Revenue purchased a new stake in Revolve Group in the third quarter worth about $46,000. Quarry LP lifted its stake in Revolve Group by 6,932.1% in the third quarter. Quarry LP now owns 3,727 shares of the company’s stock worth $79,000 after acquiring an additional 3,674 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in shares of Revolve Group during the third quarter valued at about $125,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its position in shares of Revolve Group by 50.0% during the fourth quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 4,500 shares of the company’s stock valued at $136,000 after buying an additional 1,500 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Revolve Group during the second quarter valued at about $159,000. 67.60% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Michael Mente sold 60,923 shares of the company’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $26.43, for a total transaction of $1,610,194.89. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold a total of 135,213 shares of company stock worth $3,555,075 in the last 90 days. Corporate insiders own 42.67% of the company’s stock.

Revolve Group Stock Up 0.7%

RVLV opened at $18.63 on Friday. Revolve Group, Inc. has a 52-week low of $17.35 and a 52-week high of $31.68. The company has a market cap of $1.33 billion, a P/E ratio of 20.94, a price-to-earnings-growth ratio of 2.00 and a beta of 1.76. The firm’s 50-day moving average price is $23.42 and its 200-day moving average price is $25.39.

Revolve Group (NYSE:RVLV) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.02. Revolve Group had a net margin of 5.05% and a return on equity of 12.17%. The firm had revenue of $342.88 million for the quarter, compared to the consensus estimate of $328.84 million. During the same quarter in the prior year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was up 15.6% compared to the same quarter last year. On average, research analysts anticipate that Revolve Group, Inc. will post 0.86 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have commented on RVLV. Weiss Ratings reissued a “hold (c)” rating on shares of Revolve Group in a research report on Tuesday, April 21st. Piper Sandler decreased their price target on shares of Revolve Group from $30.00 to $27.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. TD Cowen reissued a “buy” rating on shares of Revolve Group in a research report on Wednesday, February 25th. UBS Group decreased their price target on shares of Revolve Group from $31.00 to $28.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Finally, Barclays decreased their price target on shares of Revolve Group from $28.00 to $26.00 and set an “equal weight” rating for the company in a research report on Thursday, May 7th. Eight analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $29.33.

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.