Eisler Capital Management Ltd. Takes Position in Revolve Group, Inc. $RVLV

Key Points

• Eisler Capital Management Ltd. invested $1.92 million in Revolve Group, Inc. (NYSE:RVLV), acquiring approximately 89,719 shares, representing 0.13% ownership.
• Revolve Group's recent earnings report showed a net margin of 3.83% and revenue of $308.97 million for the quarter, exceeding analyst estimates.
• Wall Street analysts have mixed ratings for Revolve Group, with an average target price of $27.40; ten analysts rated it as a Buy, while one rated it as a Sell.

Eisler Capital Management Ltd. bought a new position in Revolve Group, Inc. (NYSE:RVLV - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 89,719 shares of the company's stock, valued at approximately $1,924,000. Eisler Capital Management Ltd. owned about 0.13% of Revolve Group as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Revolve Group by 3.2% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,809 shares of the company's stock worth $730,000 after buying an additional 668 shares during the period. CWM LLC boosted its position in Revolve Group by 40.4% during the first quarter. CWM LLC now owns 2,905 shares of the company's stock valued at $62,000 after purchasing an additional 836 shares during the last quarter. Precision Wealth Strategies LLC grew its stake in Revolve Group by 8.3% in the first quarter. Precision Wealth Strategies LLC now owns 13,678 shares of the company's stock valued at $294,000 after purchasing an additional 1,051 shares in the last quarter. Summit Securities Group LLC purchased a new position in Revolve Group in the first quarter valued at about $25,000. Finally, Azzad Asset Management Inc. ADV grew its stake in Revolve Group by 2.5% in the first quarter. Azzad Asset Management Inc. ADV now owns 53,858 shares of the company's stock valued at $1,157,000 after purchasing an additional 1,338 shares in the last quarter. Institutional investors and hedge funds own 67.60% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have commented on RVLV shares. KeyCorp lowered their target price on Revolve Group from $37.00 to $25.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 7th. Barclays reaffirmed a "reduce" rating on shares of Revolve Group in a research report on Wednesday, May 7th. Cowen reaffirmed a "buy" rating on shares of Revolve Group in a research report on Friday, June 6th. Piper Sandler boosted their price target on Revolve Group from $22.00 to $25.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 6th. Finally, Roth Capital reaffirmed a "buy" rating and issued a $24.00 price target (up previously from $19.00) on shares of Revolve Group in a research report on Tuesday, August 5th. Ten research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Revolve Group presently has a consensus rating of "Moderate Buy" and a consensus target price of $27.40.

Revolve Group Stock Down 1.4%

Shares of RVLV stock traded down $0.31 during mid-day trading on Monday, reaching $22.38. The stock had a trading volume of 751,228 shares, compared to its average volume of 1,450,387. The firm's 50 day simple moving average is $21.13 and its 200 day simple moving average is $21.64. Revolve Group, Inc. has a one year low of $16.80 and a one year high of $39.58. The firm has a market cap of $1.60 billion, a PE ratio of 36.10, a P/E/G ratio of 2.44 and a beta of 1.94.

Revolve Group (NYSE:RVLV - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. The company had revenue of $308.97 million during the quarter, compared to the consensus estimate of $297.91 million. Revolve Group had a return on equity of 10.17% and a net margin of 3.83%.The company's quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the company earned $0.21 EPS. Sell-side analysts forecast that Revolve Group, Inc. will post 0.6 earnings per share for the current fiscal year.

Revolve Group Company Profile

Revolve Group, Inc operates as an online fashion retailer for millennial and generation z consumers in the United States and internationally. The company operates in two segments, REVOLVE and FWRD. It operates a platform that connects consumers and global fashion influencers, as well as emerging, established, and owned brands.