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Revolve Group Inc (RVLV) Is Now En Route to Higher Prices

Revolve Group Inc (NYSE: RVLV) is -10.36% lower on its value in year-to-date trading and has touched a low of $13.96 and a high of $39.58 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RVLV stock was last observed hovering at around $29.60 in the last trading session, with the day’s gains setting it 0.42%.

Currently trading at $30.02, the stock is -6.20% and -11.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing 1.42% at the moment leaves the stock 24.40% off its SMA200. RVLV registered 102.84% gain for a year compared to 6-month gain of 70.96%. The firm has a 50-day simple moving average (SMA 50) of $33.819 and a 200-day simple moving average (SMA200) of $24.131.

The stock witnessed a -21.23% loss in the last 1 month and extending the period to 3 months gives it a 14.19%, and is 2.46% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.13% over the week and 5.06% over the month.

Revolve Group Inc (RVLV) has around 1478 employees, a market worth around $2.12B and $1.09B in sales. Current P/E ratio is 52.78 and Fwd P/E is 38.62. Profit margin for the company is 3.72%. Distance from 52-week low is 115.04% and -24.15% from its 52-week high. The company has generated returns on investments over the last 12 months (8.96%).

with sales reaching $282.67M over the same period.The EPS is expected to grow by 65.33% this year, but quarterly earnings will post 4.71% year-over-year. Quarterly sales are estimated to grow 9.66% in year-over-year returns.

Revolve Group Inc (RVLV) Top Institutional Holders

281.0 institutions hold shares in Revolve Group Inc (RVLV), with institutional investors hold 127.40% of the company’s shares. The shares outstanding are 38.12M, and float is at 38.03M with Short Float at 22.07%. Institutions hold 126.53% of the Float.

The top institutional shareholder in the company is KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC with over 5.78 million shares valued at $91.92 million. The investor’s holdings represent 8.1468% of the RVLV Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 5.73 million shares valued at $91.21 million to account for 8.084 of the shares outstanding. The other top investors are WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC which holds 5.19 million shares representing 7.3146% and valued at over $82.53 million, while VANGUARD GROUP INC holds 5.2169 of the shares totaling 3.7 million with a market value of $58.86 million.

Revolve Group Inc (RVLV) Insider Activity

The most recent transaction is an insider sale by Mente Michael, the company’s CO-CHIEF EXECUTIVE OFFICER. SEC filings show that Mente Michael sold 78,205 shares of the company’s common stock on Jan 07 ’25 at a price of $30.47 per share for a total of $2.38 million. Following the sale, the insider now owns 0.0 shares.

Revolve Group Inc disclosed in a document filed with the SEC on Jan 10 ’25 that Mente Michael (CO-CHIEF EXECUTIVE OFFICER) sold a total of 69,605 shares of the company’s common stock. The trade occurred on Jan 10 ’25 and was made at $29.77 per share for $2.07 million. Following the transaction, the insider now directly holds 0.0 shares of the RVLV stock.

Still, SEC filings show that on Jan 08 ’25, Mente Michael (CO-CHIEF EXECUTIVE OFFICER) disposed off 45,987 shares at an average price of $30.50 for $1.4 million. The insider now directly holds 0 shares of Revolve Group Inc (RVLV).

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