Daiwa Securities Group Inc. lowered its position in Revolve Group, Inc. (NYSE:RVLV – Free Report) by 54.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 33,675 shares of the company’s stock after selling 39,805 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Revolve Group were worth $1,017,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Tudor Investment Corp ET AL grew its position in shares of Revolve Group by 197.1% in the 3rd quarter. Tudor Investment Corp ET AL now owns 435,437 shares of the company’s stock worth $9,275,000 after buying an additional 288,868 shares during the last quarter. Landscape Capital Management L.L.C. grew its position in shares of Revolve Group by 126.6% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 240,622 shares of the company’s stock worth $5,125,000 after buying an additional 134,451 shares during the last quarter. Divisadero Street Capital Management LP purchased a new position in shares of Revolve Group in the 3rd quarter worth approximately $5,110,000. Principal Financial Group Inc. grew its position in shares of Revolve Group by 45.6% in the 3rd quarter. Principal Financial Group Inc. now owns 85,072 shares of the company’s stock worth $1,812,000 after buying an additional 26,636 shares during the last quarter. Finally, Algert Global LLC grew its position in shares of Revolve Group by 23.9% in the 3rd quarter. Algert Global LLC now owns 676,936 shares of the company’s stock worth $14,419,000 after buying an additional 130,455 shares during the last quarter. Hedge funds and other institutional investors own 67.60% of the company’s stock.
Revolve Group Trading Up 0.4%
NYSE:RVLV opened at $20.34 on Thursday. The company has a market cap of $1.46 billion, a PE ratio of 22.86, a P/E/G ratio of 2.19 and a beta of 1.67. 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 is $22.07 and its two-hundred day moving average is $25.10.
Insider Buying and Selling
In other Revolve Group news, CEO Michael Mente sold 15,640 shares of Revolve Group stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $26.00, for a total transaction of $406,640.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last ninety days, insiders have sold 135,213 shares of company stock worth $3,555,075. Insiders own 42.67% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have weighed in on RVLV shares. KeyCorp dropped their target price on shares of Revolve Group from $35.00 to $32.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Revolve Group in a research report on Tuesday, April 21st. TD Cowen reissued a “buy” rating on shares of Revolve Group in a research report on Wednesday, February 25th. UBS Group dropped their target price on shares of Revolve Group from $31.00 to $28.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Finally, Wall Street Zen downgraded shares of 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 six have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $29.33.
Read Our Latest Analysis on Revolve Group
Revolve Group Company Profile
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.
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