Revolve Group, Inc. $RVLV Stock Position Increased by William Blair Investment Management LLC

William Blair Investment Management LLC grew its position in Revolve Group, Inc. (NYSE:RVLV) by 3.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 1,841,578 shares of the company’s stock after buying an additional 65,843 shares during the period. William Blair Investment Management LLC’s holdings in Revolve Group were worth $39,226,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. State of Alaska Department of Revenue bought a new position in Revolve Group in the 3rd quarter worth approximately $46,000. Elevation Point Wealth Partners LLC acquired a new position in Revolve Group during the 2nd quarter worth $68,000. Atlantic Union Bankshares Corp bought a new position in shares of Revolve Group in the third quarter worth $125,000. Quantbot Technologies LP acquired a new position in shares of Revolve Group during the second quarter valued at $159,000. Finally, Police & Firemen s Retirement System of New Jersey increased its holdings in shares of Revolve Group by 15.5% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 9,156 shares of the company’s stock valued at $184,000 after purchasing an additional 1,231 shares during the period. Institutional investors own 67.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Guggenheim assumed coverage on shares of Revolve Group in a research report on Tuesday, December 9th. They issued a “neutral” rating for the company. TD Cowen reiterated a “buy” rating on shares of Revolve Group in a report on Wednesday. Evercore reissued a “mixed” rating on shares of Revolve Group in a report on Wednesday, November 5th. Robert W. Baird set a $29.00 target price on shares of Revolve Group in a report on Wednesday, December 17th. Finally, Wall Street Zen upgraded shares of Revolve Group from a “hold” rating to a “buy” rating in a report on Saturday. Eight research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Revolve Group has a consensus rating of “Moderate Buy” and an average target price of $29.50.

Insider Buying and Selling

In other Revolve Group news, CEO Michael Mente sold 114,024 shares of Revolve Group stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $26.67, for a total value of $3,041,020.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 780,928 shares of company stock valued at $22,565,084 in the last 90 days. Corporate insiders own 46.56% of the company’s stock.

Revolve Group Stock Down 4.6%

Revolve Group stock opened at $25.10 on Monday. Revolve Group, Inc. has a 12 month low of $16.80 and a 12 month high of $31.68. The company’s fifty day simple moving average is $28.33 and its 200-day simple moving average is $24.96. The stock has a market cap of $1.79 billion, a P/E ratio of 29.53, a P/E/G ratio of 2.51 and a beta of 1.78.

Revolve Group (NYSE:RVLV) last issued its earnings results on Tuesday, February 24th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.10. Revolve Group had a return on equity of 12.12% and a net margin of 5.03%.The firm had revenue of $324.37 million for the quarter, compared to the consensus estimate of $305.83 million. During the same quarter in the previous year, the company posted $0.17 earnings per share. The business’s quarterly revenue was up 10.4% compared to the same quarter last year. On average, equities research analysts expect that Revolve Group, Inc. will post 0.6 earnings per share 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.