Walleye Capital LLC Invests $2.87 Million in Revolve Group, Inc. $RVLV

Walleye Capital LLC acquired a new stake in shares of Revolve Group, Inc. (NYSE:RVLV) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 126,964 shares of the company’s stock, valued at approximately $2,871,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in RVLV. Kestra Advisory Services LLC bought a new stake in Revolve Group in the 4th quarter worth approximately $40,000. 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. 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. CWM LLC boosted its stake in shares of Revolve Group by 182.2% in 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 last quarter. Finally, Jefferies Financial Group Inc. purchased a new position in shares of Revolve Group in the 4th quarter worth $216,000. Hedge funds and other institutional investors own 67.60% of the company’s stock.

Analysts Set New Price Targets

RVLV has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Revolve Group in a report on Friday, July 17th. Wall Street Zen raised Revolve Group from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Robert W. Baird set a $28.00 price target on Revolve Group in a research note on Wednesday, May 6th. Barclays reduced their price target on shares of 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. Finally, Morgan Stanley set a $27.00 price objective on shares of Revolve Group in a research note on Wednesday, May 6th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $29.33.

Insider Buying and Selling

In other Revolve Group news, CEO Michael Mente sold 15,640 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $26.00, for a total transaction of $406,640.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 119,241 shares of company stock worth $3,141,400 over the last quarter. 42.67% of the stock is owned by company insiders.

Revolve Group Price Performance

Shares of NYSE RVLV opened at $24.29 on Friday. The firm has a fifty day moving average price of $21.60 and a 200-day moving average price of $24.09. The stock has a market cap of $1.74 billion, a PE ratio of 27.29, a price-to-earnings-growth ratio of 2.75 and a beta of 1.61. Revolve Group, Inc. has a 1 year low of $17.35 and a 1 year high of $31.68.

Revolve Group (NYSE:RVLV) last released its earnings results on Tuesday, May 5th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. The company had revenue of $342.88 million for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.16 EPS. On average, research analysts expect that Revolve Group, Inc. will post 0.85 EPS for the current year.

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.