Perbak Capital Partners LLP Boosts Stock Holdings in Revolve Group, Inc. $RVLV

Perbak Capital Partners LLP grew its holdings in Revolve Group, Inc. (NYSE:RVLV) by 56.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 61,739 shares of the company’s stock after purchasing an additional 22,186 shares during the quarter. Perbak Capital Partners LLP’s holdings in Revolve Group were worth $1,315,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RVLV. Balyasny Asset Management L.P. boosted its stake in shares of 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 in the last quarter. Marshall Wace LLP raised its stake in Revolve Group by 2,036.0% in the second quarter. Marshall Wace LLP now owns 544,678 shares of the company’s stock worth $10,921,000 after buying an additional 519,178 shares in the last quarter. Qube Research & Technologies Ltd lifted its holdings in Revolve Group by 56.2% during the second quarter. Qube Research & Technologies Ltd now owns 504,468 shares of the company’s stock worth $10,115,000 after buying an additional 181,465 shares during the period. Jump Financial LLC purchased a new stake in Revolve Group during the third quarter worth $3,386,000. Finally, HRT Financial LP boosted its position in Revolve Group by 341.2% during the 2nd quarter. HRT Financial LP now owns 182,223 shares of the company’s stock valued at $3,653,000 after acquiring an additional 140,925 shares in the last quarter. 67.60% of the stock is currently owned by institutional investors.

Revolve Group Trading Up 0.3%

NYSE:RVLV opened at $22.91 on Friday. Revolve Group, Inc. has a twelve month low of $16.80 and a twelve month high of $31.68. The company has a market cap of $1.64 billion, a PE ratio of 26.96, a P/E/G ratio of 2.29 and a beta of 1.77. The company’s 50 day moving average is $27.14 and its two-hundred day moving average is $25.09.

Revolve Group (NYSE:RVLV) last posted its quarterly earnings results on Tuesday, February 24th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.10. Revolve Group had a net margin of 5.03% and a return on equity of 12.12%. The business had revenue of $324.37 million during the quarter, compared to analysts’ expectations of $305.83 million. During the same quarter last year, the company posted $0.17 earnings per share. The business’s quarterly revenue was up 10.4% on a year-over-year basis. As a group, analysts expect that Revolve Group, Inc. will post 0.6 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Guggenheim started coverage on Revolve Group in a report on Tuesday, December 9th. They issued a “neutral” rating on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Revolve Group in a research note on Thursday, January 22nd. Stifel Nicolaus raised their price objective on Revolve Group from $28.00 to $33.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Wall Street Zen upgraded Revolve Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Finally, Roth Mkm reiterated a “buy” rating and issued a $33.00 target price (up from $30.00) on shares of Revolve Group in a report on Wednesday, February 25th. Eight analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $29.50.

Insider Activity

In related news, CEO Michael Mente sold 88,444 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $28.41, for a total value of $2,512,694.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last 90 days, insiders sold 602,189 shares of company stock valued at $17,842,032. 43.82% of the stock is owned by corporate 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.