Revolve Group (NYSE:RVLV) Trading 3.1% Higher – Here’s What Happened

Revolve Group, Inc. (NYSE:RVLV) shot up 3.1% during trading on Monday . The company traded as high as $31.39 and last traded at $31.36. 684,595 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 1,290,997 shares. The stock had previously closed at $30.42.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. UBS Group raised their target price on shares of Revolve Group from $22.00 to $23.00 and gave the stock a “neutral” rating in a report on Tuesday, October 21st. Robert W. Baird set a $29.00 price objective on Revolve Group in a research note on Wednesday, December 17th. BTIG Research reaffirmed a “buy” rating and set a $30.00 target price on shares of Revolve Group in a research report on Wednesday, November 19th. Jefferies Financial Group reissued a “buy” rating and issued a $34.00 price target on shares of Revolve Group in a research note on Thursday, December 18th. Finally, Evercore ISI reaffirmed a “mixed” rating on shares of Revolve Group in a research note on Wednesday, November 5th. Nine investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Revolve Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.14.

Revolve Group Price Performance

The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of 41.07, a PEG ratio of 3.38 and a beta of 1.84. The firm’s fifty day moving average is $24.64 and its 200 day moving average is $22.64.

Revolve Group (NYSE:RVLV) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.13. The firm had revenue of $295.63 million for the quarter, compared to analyst estimates of $297.36 million. Revolve Group had a net margin of 4.64% and a return on equity of 11.26%. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.15 EPS. Equities research analysts forecast that Revolve Group, Inc. will post 0.6 EPS for the current fiscal year.

Insider Transactions at Revolve Group

In other Revolve Group news, CEO Michael Mente sold 63,045 shares of the business’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $29.67, for a total value of $1,870,545.15. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders sold a total of 408,847 shares of company stock worth $11,368,946 over the last ninety days. 46.56% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Revolve Group

Large investors have recently made changes to their positions in the company. Creative Planning boosted its stake in Revolve Group by 10.8% during the 2nd quarter. Creative Planning now owns 155,019 shares of the company’s stock valued at $3,108,000 after purchasing an additional 15,104 shares during the period. Segall Bryant & Hamill LLC lifted its holdings in shares of Revolve Group by 20.3% during the second quarter. Segall Bryant & Hamill LLC now owns 293,725 shares of the company’s stock worth $5,889,000 after buying an additional 49,618 shares during the last quarter. Geode Capital Management LLC increased its position in Revolve Group by 5.9% during the second quarter. Geode Capital Management LLC now owns 935,784 shares of the company’s stock worth $18,764,000 after acquiring an additional 52,049 shares during the period. Federated Hermes Inc. raised its stake in Revolve Group by 41.9% during the 2nd quarter. Federated Hermes Inc. now owns 347,664 shares of the company’s stock valued at $6,971,000 after purchasing an additional 102,573 shares during the last quarter. Finally, Hussman Strategic Advisors Inc. boosted its holdings in Revolve Group by 100.0% in the 2nd quarter. Hussman Strategic Advisors Inc. now owns 84,000 shares of the company’s stock valued at $1,684,000 after purchasing an additional 42,000 shares during the period. 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.