William Blair Investment Management LLC Acquires 306,547 Shares of Revolve Group, Inc. $RVLV

William Blair Investment Management LLC raised its holdings in shares of Revolve Group, Inc. (NYSE:RVLV) by 16.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,148,125 shares of the company’s stock after purchasing an additional 306,547 shares during the period. William Blair Investment Management LLC owned 3.01% of Revolve Group worth $64,852,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State of Alaska Department of Revenue bought a new position in Revolve Group during the 3rd quarter valued at approximately $46,000. Quarry LP grew its holdings in shares of Revolve Group by 6,932.1% during the 3rd 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. Generali Investments Towarzystwo Funduszy Inwestycyjnych grew its holdings in shares of Revolve Group by 50.0% during the 4th quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 4,500 shares of the company’s stock worth $136,000 after acquiring an additional 1,500 shares during the period. Atlantic Union Bankshares Corp purchased a new position in shares of Revolve Group during the 3rd quarter worth approximately $125,000. Finally, CWM LLC grew its holdings in shares of Revolve Group by 182.2% during the 4th quarter. CWM LLC now owns 6,271 shares of the company’s stock worth $189,000 after acquiring an additional 4,049 shares during the period. Institutional investors own 67.60% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. TD Cowen reiterated a “buy” rating on shares of Revolve Group in a report on Wednesday, February 25th. Robert W. Baird set a $28.00 target price on Revolve Group in a report on Wednesday, May 6th. Raymond James Financial set a $28.00 target price on Revolve Group in a report on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Revolve Group in a report on Tuesday, April 21st. Finally, Zacks Research downgraded Revolve Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. Eight investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Revolve Group currently has an average rating of “Moderate Buy” and a consensus target price of $29.33.

Insider Transactions at Revolve Group

In related news, CEO Michael Mente sold 60,923 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $26.43, for a total value of $1,610,194.89. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last quarter, insiders sold 135,213 shares of company stock valued at $3,555,075. Corporate insiders own 42.67% of the company’s stock.

Revolve Group Stock Down 0.1%

Revolve Group stock opened at $19.22 on Monday. The company has a market capitalization of $1.38 billion, a P/E ratio of 21.60, a PEG ratio of 2.07 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 stock’s 50 day moving average is $22.83 and its 200 day moving average is $25.27.

Revolve Group (NYSE:RVLV) last released 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. The business had revenue of $342.88 million for the quarter, compared to analysts’ expectations of $328.84 million. Revolve Group had a return on equity of 12.17% and a net margin of 5.05%.The firm’s quarterly revenue was up 15.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.16 EPS. As a group, equities analysts expect that Revolve Group, Inc. will post 0.86 EPS for the current year.

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.