Y Intercept Hong Kong Ltd Makes New $2.56 Million Investment in Revolve Group, Inc. $RVLV

Y Intercept Hong Kong Ltd purchased a new stake in Revolve Group, Inc. (NYSE:RVLVFree Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 113,027 shares of the company’s stock, valued at approximately $2,556,000.

Other hedge funds have also modified their holdings of the company. Elevation Point Wealth Partners LLC purchased a new stake in Revolve Group in the 1st quarter valued at approximately $218,000. Inspire Investing LLC increased its position in Revolve Group by 48.1% during the first quarter. Inspire Investing LLC now owns 22,775 shares of the company’s stock worth $515,000 after buying an additional 7,393 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Revolve Group by 177.0% in the first quarter. SG Americas Securities LLC now owns 26,663 shares of the company’s stock worth $603,000 after acquiring an additional 17,039 shares during the last quarter. Invesco Ltd. lifted its position in shares of Revolve Group by 19.5% in the fourth quarter. Invesco Ltd. now owns 96,734 shares of the company’s stock valued at $2,920,000 after acquiring an additional 15,809 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Revolve Group in the fourth quarter valued at $59,421,000. 67.60% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Barclays dropped their price objective on 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. Raymond James Financial set a $28.00 price target on shares of Revolve Group in a report on Wednesday, May 6th. UBS Group reduced their price objective on shares of Revolve Group from $31.00 to $28.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Revolve Group in a research note on Tuesday, April 21st. Finally, KeyCorp reduced their price target on Revolve Group from $35.00 to $32.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Revolve Group currently has an average rating of “Moderate Buy” and a consensus price target of $29.33.

View Our Latest Stock Analysis on RVLV

Revolve Group Stock Performance

RVLV opened at $22.61 on Wednesday. Revolve Group, Inc. has a 1 year low of $17.35 and a 1 year high of $31.68. The company’s 50 day simple moving average is $20.96 and its 200 day simple moving average is $24.55. The stock has a market capitalization of $1.62 billion, a PE ratio of 25.40, a P/E/G ratio of 2.46 and a beta of 1.61.

Revolve Group (NYSE:RVLVGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.18 by $0.02. The firm had revenue of $342.88 million during the quarter, compared to analyst estimates of $328.84 million. Revolve Group had a net margin of 5.05% and a return on equity of 12.17%. Revolve Group’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.16 earnings per share. As a group, sell-side analysts expect that Revolve Group, Inc. will post 0.85 earnings per share for the current fiscal year.

Insider Activity at Revolve Group

In related news, CEO Michael Mente sold 15,640 shares of the stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $26.00, for a total value of $406,640.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last three months, insiders sold 135,213 shares of company stock worth $3,555,075. Corporate insiders own 42.67% of the company’s stock.

Revolve Group Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Revolve Group (NYSE:RVLV)

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