Y Intercept Hong Kong Ltd Acquires New Holdings in Revolve Group, Inc. $RVLV

Y Intercept Hong Kong Ltd bought a new stake in Revolve Group, Inc. (NYSE:RVLVFree Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 113,027 shares of the company’s stock, valued at approximately $2,556,000. Y Intercept Hong Kong Ltd owned about 0.16% of Revolve Group at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in RVLV. Kestra Advisory Services LLC purchased a new position in shares of Revolve Group during the 4th quarter worth approximately $40,000. Quarry LP increased its stake in Revolve Group by 6,932.1% during the third quarter. Quarry LP now owns 3,727 shares of the company’s stock worth $79,000 after purchasing an additional 3,674 shares during the period. Generali Investments Towarzystwo Funduszy Inwestycyjnych boosted its stake in shares of Revolve Group by 50.0% in the fourth quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 4,500 shares of the company’s stock valued at $136,000 after purchasing an additional 1,500 shares during the period. CWM LLC increased its stake in 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 buying an additional 4,049 shares during the period. Finally, Jefferies Financial Group Inc. acquired a new stake in Revolve Group during the 4th quarter worth approximately $216,000. 67.60% of the stock is currently owned by institutional investors and hedge funds.

Revolve Group Trading Down 0.2%

RVLV stock opened at $22.61 on Wednesday. The stock has a market cap of $1.62 billion, a P/E ratio of 25.40, a PEG ratio of 2.46 and a beta of 1.61. 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 $20.96 and its two-hundred day moving average is $24.55.

Revolve Group (NYSE:RVLVGet Free Report) last announced 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 for 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 period last year, the business earned $0.16 EPS. On average, equities research analysts predict that Revolve Group, Inc. will post 0.85 earnings per share for the current year.

Insider Transactions at Revolve Group

In other Revolve Group news, CEO Michael Mente sold 60,923 shares of Revolve Group 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last 90 days, insiders sold 135,213 shares of company stock valued at $3,555,075. Insiders own 42.67% of the company’s stock.

Wall Street Analysts Forecast Growth

RVLV has been the topic of a number of recent research reports. KeyCorp cut their price objective on Revolve Group from $35.00 to $32.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Barclays lowered 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. BTIG Research reiterated a “buy” rating and issued a $35.00 price target on shares of Revolve Group in a research note on Wednesday, May 6th. UBS Group dropped 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 report on Wednesday, May 6th. Finally, Raymond James Financial set a $28.00 price objective on shares of Revolve Group in a research report on Wednesday, May 6th. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Revolve Group has a consensus rating of “Moderate Buy” and an average target price of $29.33.

Read Our Latest Research Report on Revolve Group

About Revolve Group

(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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