Algert Global LLC Buys 130,455 Shares of Revolve Group, Inc. $RVLV

Key Points

• Algert Global LLC boosted its stake in Revolve Group by 23.9% in the 3rd quarter, buying 130,455 shares and taking its total to 676,936 shares (about $14.42M, or 0.95% of the company).
• Company insiders have been net sellers recently: CEO Michael Mente sold 15,645 shares and CFO Jesse Timmermans sold 5,349 shares, and insiders sold 602,189 shares worth $17.84M over the last quarter, with insiders owning 43.82% of the stock.
• Revolve reported better-than-expected quarterly results (EPS $0.26 vs. $0.16 est.; revenue $324.4M, +10.4% YoY), has a market cap of about $1.64B, and carries a consensus "Moderate Buy" rating with a $29.50 target price.

Algert Global LLC boosted its position in shares of Revolve Group, Inc. (NYSE:RVLV - Free Report) by 23.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 676,936 shares of the company's stock after buying an additional 130,455 shares during the quarter. Algert Global LLC owned 0.95% of Revolve Group worth $14,419,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. William Blair Investment Management LLC boosted its position in shares of Revolve Group by 3.7% during the third quarter. William Blair Investment Management LLC now owns 1,841,578 shares of the company's stock valued at $39,226,000 after buying an additional 65,843 shares during the period. Balyasny Asset Management L.P. raised its holdings in shares of Revolve Group by 18.4% in the third quarter. Balyasny Asset Management L.P. now owns 1,196,171 shares of the company's stock worth $25,478,000 after buying an additional 186,294 shares during the period. Cooper Creek Partners Management LLC bought a new stake in shares of Revolve Group during the 3rd quarter worth approximately $22,164,000. Marshall Wace LLP lifted its stake in shares of Revolve Group by 89.3% during the 3rd quarter. Marshall Wace LLP now owns 1,031,294 shares of the company's stock worth $21,967,000 after acquiring an additional 486,616 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Revolve Group by 5.9% during the 2nd quarter. Geode Capital Management LLC now owns 935,784 shares of the company's stock valued at $18,764,000 after acquiring an additional 52,049 shares during the period. Institutional investors own 67.60% of the company's stock.

Insider Activity at Revolve Group

In related news, CEO Michael Mente sold 15,645 shares of Revolve Group stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $26.13, for a total value of $408,803.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jesse Timmermans sold 5,349 shares of the business's stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $31.51, for a total value of $168,546.99. Following the completion of the sale, the chief financial officer owned 11,610 shares of the company's stock, valued at $365,831.10. This trade represents a 31.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 602,189 shares of company stock worth $17,842,032. 43.82% of the stock is owned by company insiders.

Revolve Group Trading Up 0.3%

NYSE:RVLV opened at $22.91 on Friday. The company has a market cap of $1.64 billion, a PE ratio of 26.96, a P/E/G ratio of 2.30 and a beta of 1.77. Revolve Group, Inc. has a twelve month low of $16.80 and a twelve month high of $31.68. The company's 50 day moving average is $27.14 and its two-hundred day moving average is $25.11.

Revolve Group (NYSE:RVLV - Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.26 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.10. Revolve Group had a return on equity of 12.12% and a net margin of 5.03%.The business had revenue of $324.37 million for the quarter, compared to analyst estimates of $305.83 million. During the same period in the prior year, the company earned $0.17 earnings per share. The company's revenue was up 10.4% on a year-over-year basis. As a group, analysts expect that Revolve Group, Inc. will post 0.6 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on RVLV. TD Cowen restated a "buy" rating on shares of Revolve Group in a report on Wednesday, February 25th. Piper Sandler lifted their price objective on shares of Revolve Group from $25.00 to $30.00 and gave the company an "overweight" rating in a report on Wednesday, February 25th. KeyCorp reissued an "overweight" rating on shares of Revolve Group in a research report on Wednesday, February 25th. Morgan Stanley set a $28.00 target price on shares of Revolve Group in a research note on Wednesday, February 25th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a $34.00 target price on shares of Revolve Group in a research report on Thursday, December 18th. 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 has a consensus rating of "Moderate Buy" and a consensus target price of $29.50.

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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