Gradient Investments LLC Acquires Shares of 62,767 Revolve Group, Inc. $RVLV

Key Points

• Gradient Investments LLC acquired 62,767 shares of Revolve Group worth approximately $1.44 million, giving it about a 0.09% stake. Institutional investors collectively own 67.60% of the company.
• Revolve Group reported quarterly EPS of $0.26, beating estimates by $0.05, while revenue reached $347.41 million, up 12.5% year over year and above consensus expectations.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $30.08, compared with the stock’s reported opening price of $24.29.

Gradient Investments LLC bought a new position in Revolve Group, Inc. (NYSE:RVLV - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 62,767 shares of the company's stock, valued at approximately $1,437,000. Gradient Investments LLC owned approximately 0.09% of Revolve Group at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Segall Bryant & Hamill LLC raised its stake in shares of Revolve Group by 63.0% during the first quarter. Segall Bryant & Hamill LLC now owns 513,621 shares of the company's stock valued at $11,613,000 after acquiring an additional 198,448 shares in the last quarter. Bank of America Corp DE grew its stake in Revolve Group by 48.2% in the first quarter. Bank of America Corp DE now owns 624,985 shares of the company's stock worth $14,131,000 after purchasing an additional 203,216 shares in the last quarter. California State Teachers Retirement System increased its holdings in Revolve Group by 51.3% during the 1st quarter. California State Teachers Retirement System now owns 57,682 shares of the company's stock worth $1,304,000 after purchasing an additional 19,546 shares during the period. Royal Bank of Canada increased its holdings in Revolve Group by 7.8% during the 1st quarter. Royal Bank of Canada now owns 26,400 shares of the company's stock worth $597,000 after purchasing an additional 1,904 shares during the period. Finally, Quantinno Capital Management LP raised its position in Revolve Group by 194.0% during the 1st quarter. Quantinno Capital Management LP now owns 37,447 shares of the company's stock valued at $847,000 after purchasing an additional 24,709 shares in the last quarter. 67.60% of the stock is owned by hedge funds and other institutional investors.

Revolve Group Price Performance

RVLV opened at $24.29 on Monday. The business's 50-day moving average is $22.99 and its two-hundred day moving average is $23.68. Revolve Group, Inc. has a 1 year low of $17.35 and a 1 year high of $31.68. The firm has a market capitalization of $1.74 billion, a PE ratio of 24.05, a price-to-earnings-growth ratio of 2.96 and a beta of 1.60.

Revolve Group (NYSE:RVLV - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $0.26 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.05. The business had revenue of $347.41 million during the quarter, compared to the consensus estimate of $341.91 million. Revolve Group had a net margin of 5.54% and a return on equity of 13.38%. The firm's revenue was up 12.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.14 earnings per share. As a group, sell-side analysts expect that Revolve Group, Inc. will post 0.83 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Robert W. Baird set a $28.00 target price on Revolve Group in a report on Wednesday, May 6th. Weiss Ratings restated a "hold (c)" rating on shares of Revolve Group in a report on Friday, July 17th. Raymond James Financial set a $28.00 price objective on shares of Revolve Group in a research note on Wednesday, May 6th. Roth Capital reiterated a "buy" rating and set a $37.00 target price on shares of Revolve Group in a report on Wednesday. Finally, Piper Sandler raised their target price on shares of Revolve Group from $27.00 to $30.00 and gave the company an "overweight" rating in a research report on Wednesday, August 5th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $30.08.

Revolve Group 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.

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