Revolve Group, Inc. $RVLV Shares Sold by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC cut its holdings in shares of Revolve Group, Inc. (NYSE:RVLV) by 74.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 203,517 shares of the company’s stock after selling 608,470 shares during the quarter. Stephens Investment Management Group LLC’s holdings in Revolve Group were worth $6,144,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Wakefield Asset Management LLLP purchased a new stake in Revolve Group in the fourth quarter valued at $1,323,000. Madison Asset Management LLC raised 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 last quarter. Swiss Life Asset Management Ltd acquired a new position in shares of Revolve Group in the 4th quarter valued at about $244,000. Comerica Bank boosted its stake in shares of Revolve Group by 2,253.8% in the fourth quarter. Comerica Bank now owns 42,250 shares of the company’s stock worth $1,276,000 after buying an additional 40,455 shares during the last quarter. Finally, Cornerstone Investment Partners LLC purchased a new stake in shares of Revolve Group in the fourth quarter worth about $230,000. 67.60% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Revolve Group news, CEO Michael Mente sold 60,923 shares of the business’s stock in a transaction on 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 accessible through the SEC website. Insiders sold a total of 135,213 shares of company stock worth $3,555,075 in the last quarter. Company insiders own 42.67% of the company’s stock.

Revolve Group Trading Up 0.1%

NYSE:RVLV opened at $18.63 on Monday. The company has a market cap of $1.33 billion, a P/E ratio of 20.94, a P/E/G ratio of 2.01 and a beta of 1.76. Revolve Group, Inc. has a twelve month low of $17.35 and a twelve month high of $31.68. The company’s 50-day moving average price is $23.42 and its 200-day moving average price is $25.40.

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

Analyst Ratings Changes

Several research analysts recently weighed in on RVLV shares. Roth Mkm reiterated a “buy” rating and set a $33.00 price target (up from $30.00) on shares of Revolve Group in a research report on Wednesday, February 25th. Robert W. Baird set a $28.00 price target on shares of Revolve Group in a research report on Wednesday, May 6th. BTIG Research reaffirmed a “buy” rating and issued a $35.00 price objective on shares of Revolve Group in a report on Wednesday, May 6th. UBS Group decreased their price objective 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, Wall Street Zen cut Revolve Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Eight investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price 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.