Revolve Group, Inc. (NYSE:RVLV) Sees Significant Growth in Short Interest

Revolve Group, Inc. (NYSE:RVLV) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 7,324,931 shares, a growth of 33.1% from the January 29th total of 5,504,737 shares. Approximately 19.2% of the shares of the company are short sold. Based on an average daily volume of 1,089,705 shares, the short-interest ratio is presently 6.7 days. Based on an average daily volume of 1,089,705 shares, the short-interest ratio is presently 6.7 days. Approximately 19.2% of the shares of the company are short sold.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Revolve Group in a research note on Thursday, January 22nd. Wall Street Zen raised Revolve Group from a “hold” rating to a “buy” rating in a report on Saturday. Guggenheim initiated coverage on Revolve Group in a research report on Tuesday, December 9th. They set a “neutral” rating for the company. TD Cowen reaffirmed a “buy” rating on shares of Revolve Group in a research report on Wednesday. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $34.00 target price on shares of Revolve Group in a research note on Thursday, December 18th. Eight investment analysts have rated the stock with 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 an average target price of $29.50.

Insider Activity

In other news, CEO Michael Mente sold 114,024 shares of Revolve Group stock in a transaction dated 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 document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last 90 days, insiders have sold 780,928 shares of company stock valued at $22,565,084. Company insiders own 43.82% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Invesco Ltd. raised its holdings in Revolve Group by 19.5% during the fourth quarter. Invesco Ltd. now owns 96,734 shares of the company’s stock worth $2,920,000 after purchasing an additional 15,809 shares in the last quarter. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Revolve Group during the 4th quarter valued at $59,421,000. Man Group plc raised its stake in shares of Revolve Group by 0.6% in the 4th quarter. Man Group plc now owns 167,677 shares of the company’s stock worth $5,062,000 after buying an additional 1,064 shares in the last quarter. Balyasny Asset Management L.P. lifted its holdings in shares of Revolve Group by 55.7% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,862,955 shares of the company’s stock valued at $56,243,000 after buying an additional 666,784 shares during the period. Finally, Polar Asset Management Partners Inc. bought a new position in Revolve Group during the fourth quarter valued at about $3,199,000. Institutional investors and hedge funds own 67.60% of the company’s stock.

Revolve Group Stock Performance

Shares of NYSE:RVLV traded down $1.07 on Monday, hitting $24.09. The company’s stock had a trading volume of 1,654,797 shares, compared to its average volume of 1,203,970. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of 28.34, a price-to-earnings-growth ratio of 2.51 and a beta of 1.79. Revolve Group has a 12 month low of $16.80 and a 12 month high of $31.68. The stock’s 50-day moving average is $28.33 and its two-hundred day moving average is $24.96.

Revolve Group (NYSE:RVLV) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.10. The business had revenue of $324.37 million during 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 quarter in the prior year, the company posted $0.17 earnings per share. Equities analysts expect that Revolve Group will post 0.6 earnings per share for the current fiscal year.

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.