William Blair Investment Management LLC boosted its holdings in Revolve Group, Inc. (NYSE:RVLV – Free Report) by 16.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,148,125 shares of the company’s stock after buying an additional 306,547 shares during the period. William Blair Investment Management LLC’s holdings in Revolve Group were worth $64,852,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of RVLV. State of Alaska Department of Revenue bought a new position in shares of Revolve Group during the 3rd quarter valued at $46,000. Quarry LP lifted 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 valued at $79,000 after buying an additional 3,674 shares during the period. Atlantic Union Bankshares Corp bought a new position in shares of Revolve Group during the 3rd quarter valued at $125,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted 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 valued at $136,000 after buying an additional 1,500 shares during the period. Finally, Quantbot Technologies LP bought a new position in shares of Revolve Group during the 2nd quarter valued at $159,000. 67.60% of the stock is owned by institutional investors.
Insider Transactions at Revolve Group
In other Revolve Group 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 Securities & Exchange Commission, which is available at this hyperlink. In the last ninety days, 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 Performance
Revolve Group (NYSE:RVLV – Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. Revolve Group had a return on equity of 12.17% and a net margin of 5.05%.The company had revenue of $342.88 million for the quarter, compared to analysts’ expectations of $328.84 million. During the same period last year, the firm earned $0.16 EPS. Revolve Group’s revenue for the quarter was up 15.6% compared to the same quarter last year. Analysts predict that Revolve Group, Inc. will post 0.86 EPS for the current year.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on RVLV. KeyCorp lowered their price target on Revolve Group from $35.00 to $32.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Wall Street Zen cut Revolve Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Revolve Group in a report on Tuesday, April 21st. Raymond James Financial set a $28.00 target price on Revolve Group in a report on Wednesday, May 6th. Finally, Piper Sandler decreased their target price on Revolve Group from $30.00 to $27.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Eight equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.33.
Check Out Our Latest Stock Report on Revolve Group
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.
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