M&T Bank Corp Buys 50,785 Shares of Revolve Group, Inc. $RVLV

Key Points

• M&T Bank Corp raised its stake in Revolve Group by 133.3% in Q4, buying an additional 50,785 shares to hold 88,887 shares valued at about $2.68 million.
• Other institutional investors (e.g., Balyasny, Marshall Wace, Tudor, Squarepoint) also significantly increased positions—institutions now own 67.60% of the stock—while insiders have sold 83,447 shares (~$2.30 million) in the last 90 days and retain 46.56% ownership.
• Revolve beat Q results (EPS $0.26 vs. $0.16 est., revenue $324.37M vs. $305.83M), trades around $26.32 with a market cap of ~$1.88B, and carries a consensus “Moderate Buy” rating with an average price target of $29.50.

M&T Bank Corp raised its stake in shares of Revolve Group, Inc. (NYSE:RVLV - Free Report) by 133.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 88,887 shares of the company's stock after purchasing an additional 50,785 shares during the quarter. M&T Bank Corp owned 0.12% of Revolve Group worth $2,683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of RVLV. Cooper Creek Partners Management LLC bought a new stake in Revolve Group during the third quarter valued at approximately $22,164,000. Balyasny Asset Management L.P. lifted its position in Revolve Group by 830.9% during the second quarter. Balyasny Asset Management L.P. now owns 1,009,877 shares of the company's stock valued at $20,248,000 after purchasing an additional 901,396 shares during the last quarter. Marshall Wace LLP lifted its position in Revolve Group by 89.3% during the third quarter. Marshall Wace LLP now owns 1,031,294 shares of the company's stock valued at $21,967,000 after purchasing an additional 486,616 shares during the last quarter. Tudor Investment Corp ET AL lifted its position in Revolve Group by 197.1% during the third quarter. Tudor Investment Corp ET AL now owns 435,437 shares of the company's stock valued at $9,275,000 after purchasing an additional 288,868 shares during the last quarter. Finally, Squarepoint Ops LLC lifted its position in Revolve Group by 2,314.0% during the third quarter. Squarepoint Ops LLC now owns 286,207 shares of the company's stock valued at $6,096,000 after purchasing an additional 274,351 shares during the last quarter. 67.60% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Michael Mente sold 15,972 shares of the business's stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $25.90, for a total transaction of $413,674.80. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Michael Karanikolas sold 1,948 shares of the business's stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $25.93, for a total transaction of $50,511.64. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 83,447 shares of company stock worth $2,298,119. Company insiders own 46.56% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. KeyCorp reiterated an "overweight" rating on shares of Revolve Group in a research report on Wednesday, February 25th. Weiss Ratings restated a "hold (c)" rating on shares of Revolve Group in a report on Tuesday, April 21st. Zacks Research lowered shares of Revolve Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 26th. Roth Mkm restated a "buy" rating and issued a $33.00 price objective (up from $30.00) on shares of Revolve Group in a report on Wednesday, February 25th. Finally, UBS Group set a $27.00 price objective on shares of Revolve Group in a report on Tuesday, January 13th. Eight research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $29.50.

Revolve Group Trading Down 1.9%

Shares of Revolve Group stock opened at $26.32 on Tuesday. The company's fifty day simple moving average is $24.31 and its two-hundred day simple moving average is $25.45. The company has a market cap of $1.88 billion, a P/E ratio of 30.97, a PEG ratio of 2.69 and a beta of 1.80. Revolve Group, Inc. has a 12-month low of $16.80 and a 12-month high of $31.68.

Revolve Group (NYSE:RVLV - Get Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.10. The business had revenue of $324.37 million for the quarter, compared to the consensus estimate of $305.83 million. Revolve Group had a net margin of 5.03% and a return on equity of 12.12%. The company's quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.17 EPS. Analysts predict that Revolve Group, Inc. will post 0.87 EPS for the current fiscal year.

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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