ProShare Advisors LLC Cuts Stake in Revolve Group, Inc. $RVLV

ProShare Advisors LLC lessened its stake in shares of Revolve Group, Inc. (NYSE:RVLV) by 12.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 154,241 shares of the company’s stock after selling 22,424 shares during the quarter. ProShare Advisors LLC owned 0.22% of Revolve Group worth $3,285,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. State of Alaska Department of Revenue acquired a new position in Revolve Group during the 3rd quarter worth approximately $46,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych acquired a new stake in Revolve Group in the second quarter valued at approximately $60,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Revolve Group during the second quarter valued at approximately $68,000. Logan Capital Management Inc. raised its stake in shares of Revolve Group by 35.5% during the second quarter. Logan Capital Management Inc. now owns 5,579 shares of the company’s stock valued at $112,000 after purchasing an additional 1,463 shares during the period. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Revolve Group during the third quarter worth $125,000. Institutional investors and hedge funds own 67.60% of the company’s stock.

Revolve Group Stock Performance

NYSE:RVLV opened at $25.13 on Friday. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of 33.07, a price-to-earnings-growth ratio of 2.37 and a beta of 1.79. Revolve Group, Inc. has a one year low of $16.80 and a one year high of $31.86. The stock has a 50-day simple moving average of $28.94 and a 200 day simple moving average of $24.56.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. UBS Group set a $27.00 price target on shares of Revolve Group in a report on Tuesday, January 13th. Jefferies Financial Group restated a “buy” rating and set a $34.00 target price on shares of Revolve Group in a research note on Thursday, December 18th. Zacks Research upgraded Revolve Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 8th. Guggenheim began coverage on Revolve Group in a research note on Tuesday, December 9th. They set a “neutral” rating for the company. Finally, Evercore restated a “mixed” rating on shares of Revolve Group in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $27.62.

Insider Activity at Revolve Group

In other news, CEO Michael Mente sold 114,024 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $26.67, for a total value of $3,041,020.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders sold 780,928 shares of company stock valued at $22,565,084. 43.82% of the stock is currently owned by company insiders.

Revolve Group Company 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.