2 weeks Ago By ABMN Staff
Sei Investments Co. raised its holdings in Revolve Group, Inc. ( NYSE:RVLV – Free Report ) by 6.
8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 179,081 shares of the company’s stock after acquiring an additional 11,362 shares during the period. Sei Investments Co.
owned 0.25% of Revolve Group worth $5,997,000 at the end of the most recent reporting period. Other institutional investors also recently bought and sold shares of the company.
JPMorgan Chase & Co. grew its position in shares of Revolve Group by 83.4% in the third quarter.
JPMorgan Chase & Co. now owns 349,670 shares of the company’s stock valued at $8,665,000 after purchasing an additional 158,960 shares during the period. Barclays PLC boosted its stake in Revolve Group by 156.
7% in the 3rd quarter. Barclays PLC now owns 85,613 shares of the company’s stock worth $2,122,000 after buying an additional 52,257 shares during the last quarter. Charles Schwab Investment Management Inc.
grew its holdings in Revolve Group by 1.1% in the 4th quarter. Charles Schwab Investment Management Inc.
now owns 318,683 shares of the company’s stock valued at $10,673,000 after buying an additional 3,470 shares during the period. Franklin Resources Inc. increased its stake in shares of Revolve Group by 6.
9% during the 3rd quarter. Franklin Resources Inc. now owns 27,195 shares of the company’s stock valued at $699,000 after acquiring an additional 1,753 shares during the last quarter.
Finally, Centiva Capital LP lifted its holdings in shares of Revolve Group by 238.3% during the 3rd quarter. Centiva Capital LP now owns 56,133 shares of the company’s stock worth $1,391,000 after acquiring an additional 39,538 shares during the period.
67.60% of the stock is currently owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades A number of research firms recently issued reports on RVLV.
Stifel Nicolaus lowered their target price on shares of Revolve Group from $41.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, February 26th.
KeyCorp upgraded Revolve Group from a “sector weight” rating to an “overweight” rating and set a $37.00 price objective for the company in a report on Thursday, January 23rd. BMO Capital Markets increased their target price on Revolve Group from $15.
00 to $19.00 and gave the stock a “market perform” rating in a research report on Wednesday, February 26th. Barclays boosted their price target on Revolve Group from $25.
00 to $26.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 26th. Finally, Roth Mkm restated a “buy” rating and issued a $36.
00 price objective (up from $35.00) on shares of Revolve Group in a report on Wednesday, February 26th. Seven analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock.
According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $30.53.
Insider Activity In other news, CEO Michael Mente sold 45,987 shares of the stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $30.50, for a total transaction of $1,402,603.
50. Following the completion of the transaction, the chief executive officer now directly owns 73,000 shares in the company, valued at approximately $2,226,500. This represents a 38.
65 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink . Also, CEO Michael Karanikolas sold 12,566 shares of Revolve Group stock in a transaction on Monday, March 3rd.
The stock was sold at an average price of $25.94, for a total transaction of $325,962.04.
Following the completion of the sale, the chief executive officer now owns 123,000 shares of the company’s stock, valued at approximately $3,190,620. This trade represents a 9.27 % decrease in their position.
The disclosure for this sale can be found here . Insiders sold 372,373 shares of company stock worth $11,268,499 over the last ninety days. Corporate insiders own 46.
56% of the company’s stock. Revolve Group Trading Up 2.4 % RVLV opened at $22.
01 on Wednesday. Revolve Group, Inc. has a twelve month low of $14.
87 and a twelve month high of $39.58. The firm has a market cap of $1.
57 billion, a price-to-earnings ratio of 39.30, a PEG ratio of 1.48 and a beta of 2.
25. The company has a fifty day simple moving average of $27.03 and a 200 day simple moving average of $29.
17. Revolve Group Profile ( Free Report ) Revolve Group, Inc operates as an online fashion retailer for millennial and generation z consumers in the United States and internationally. The company operates in two segments, REVOLVE and FWRD.
It operates a platform that connects consumers and global fashion influencers, as well as emerging, established, and owned brands. Featured Stories Want to see what other hedge funds are holding RVLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Revolve Group, Inc.
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