Wakefield Asset Management LLLP Purchases New Holdings in Revolve Group, Inc. $RVLV

Wakefield Asset Management LLLP purchased a new stake in shares of Revolve Group, Inc. (NYSE:RVLV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 43,811 shares of the company’s stock, valued at approximately $1,323,000. Wakefield Asset Management LLLP owned 0.06% of Revolve Group as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RVLV. AQR Capital Management LLC increased its stake in Revolve Group by 94.7% during the first quarter. AQR Capital Management LLC now owns 24,242 shares of the company’s stock valued at $521,000 after acquiring an additional 11,793 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Revolve Group by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,773 shares of the company’s stock valued at $489,000 after acquiring an additional 964 shares during the period. Caxton Associates LLP bought a new position in Revolve Group during the first quarter valued at about $232,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Revolve Group by 10.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 109,066 shares of the company’s stock valued at $2,344,000 after acquiring an additional 10,146 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in Revolve Group by 13.0% during the second quarter. JPMorgan Chase & Co. now owns 41,501 shares of the company’s stock valued at $832,000 after acquiring an additional 4,781 shares during the period. 67.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on RVLV. Raymond James Financial set a $28.00 price target on Revolve Group in a research note on Wednesday, May 6th. TD Cowen reiterated a “buy” rating on shares of Revolve Group in a research note on Wednesday, February 25th. BTIG Research reiterated a “buy” rating and issued a $35.00 price objective on shares of Revolve Group in a research note on Wednesday, May 6th. Wall Street Zen lowered Revolve Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, UBS Group lowered their price objective on Revolve Group from $31.00 to $28.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Eight research 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, the company has an average rating of “Moderate Buy” and a consensus price target of $29.33.

Insider Buying and Selling

In related news, CEO Michael Mente sold 15,640 shares of the stock in a transaction that occurred on 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 document filed with the SEC, which is available through the SEC website. In the last 90 days, insiders sold 135,213 shares of company stock worth $3,555,075. 42.67% of the stock is owned by corporate insiders.

Revolve Group Trading Up 0.7%

RVLV stock opened at $18.63 on Friday. Revolve Group, Inc. has a 1-year low of $17.35 and a 1-year high of $31.68. The firm has a market cap of $1.33 billion, a P/E ratio of 20.94, a P/E/G ratio of 2.00 and a beta of 1.76. The business’s 50 day moving average is $23.42 and its 200-day moving average is $25.39.

Revolve Group (NYSE:RVLV) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $328.84 million. During the same period in the prior year, the company posted $0.16 EPS. The company’s revenue was up 15.6% compared to the same quarter last year. Sell-side analysts forecast that Revolve Group, Inc. will post 0.86 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.