Fuller & Thaler Asset Management Inc. lowered its position in shares of Revolve Group, Inc. (NYSE:RVLV - Free Report) by 3.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,857,671 shares of the company's stock after selling 56,578 shares during the period. Fuller & Thaler Asset Management Inc. owned 2.63% of Revolve Group worth $62,213,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Venturi Wealth Management LLC grew its stake in shares of Revolve Group by 1,302.1% in the 4th quarter. Venturi Wealth Management LLC now owns 1,346 shares of the company's stock valued at $45,000 after purchasing an additional 1,250 shares during the last quarter. Sugar Maple Asset Management LLC purchased a new position in shares of Revolve Group in the 4th quarter valued at approximately $50,000. Northwest & Ethical Investments L.P. purchased a new position in shares of Revolve Group in the 4th quarter valued at approximately $87,000. Harvest Fund Management Co. Ltd purchased a new position in shares of Revolve Group in the 4th quarter valued at approximately $117,000. Finally, AlphaQuest LLC grew its stake in shares of Revolve Group by 7.7% in the 4th quarter. AlphaQuest LLC now owns 5,535 shares of the company's stock valued at $185,000 after purchasing an additional 396 shares during the last quarter. Institutional investors and hedge funds own 67.60% of the company's stock.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on the company. BMO Capital Markets lifted their price target on Revolve Group from $15.00 to $19.00 and gave the company a "market perform" rating in a research note on Wednesday, February 26th. Stifel Nicolaus cut their price target on Revolve Group from $40.00 to $28.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Piper Sandler dropped their target price on Revolve Group from $35.00 to $22.00 and set an "overweight" rating for the company in a research note on Friday, April 11th. Barclays upped their target price on Revolve Group from $25.00 to $26.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 26th. Finally, KeyCorp upgraded Revolve Group from a "sector weight" rating to an "overweight" rating and set a $37.00 target price for the company in a research note on Thursday, January 23rd. Seven analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Revolve Group has a consensus rating of "Moderate Buy" and an average target price of $28.53.
Check Out Our Latest Stock Report on RVLV
Insider Activity at Revolve Group
In related news, CEO Michael Karanikolas sold 12,566 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $25.94, for a total value of $325,962.04. Following the completion of the sale, the chief executive officer now owns 123,000 shares in the company, valued at approximately $3,190,620. This represents a 9.27 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael Mente sold 67,118 shares of Revolve Group stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $30.91, for a total transaction of $2,074,617.38. Following the transaction, the chief executive officer now owns 73,000 shares in the company, valued at approximately $2,256,430. The trade was a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 211,819 shares of company stock worth $6,403,080 in the last 90 days. Corporate insiders own 46.56% of the company's stock.
Revolve Group Stock Performance
Shares of Revolve Group stock traded up $0.10 during trading on Tuesday, hitting $20.57. 231,586 shares of the stock were exchanged, compared to its average volume of 1,100,641. The stock's fifty day moving average is $22.46 and its 200 day moving average is $28.44. The stock has a market cap of $1.47 billion, a PE ratio of 36.70, a P/E/G ratio of 1.48 and a beta of 2.10. Revolve Group, Inc. has a 12 month low of $14.87 and a 12 month high of $39.58.
About Revolve Group
(
Free Report)
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.
Recommended Stories
Before you consider Revolve Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Revolve Group wasn't on the list.
While Revolve Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
