Koss Olinger Consulting LLC Has $1.52 Million Stock Position in Revolve Group, Inc. (NYSE:RVLV)

Koss Olinger Consulting LLC decreased its position in Revolve Group, Inc. (NYSE:RVLV) by 6.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 61,325 shares of the company’s stock after selling 3,979 shares during the period. Koss Olinger Consulting LLC owned approximately 0.09% of Revolve Group worth $1,520,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in RVLV. Comerica Bank boosted its stake in Revolve Group by 12,630.9% in the 1st quarter. Comerica Bank now owns 179,888 shares of the company’s stock worth $3,808,000 after purchasing an additional 178,475 shares during the period. Capstone Investment Advisors LLC acquired a new position in shares of Revolve Group during the 1st quarter worth about $1,591,000. Susquehanna Fundamental Investments LLC acquired a new position in shares of Revolve Group during the 1st quarter worth about $1,432,000. Silvercrest Asset Management Group LLC boosted its stake in shares of Revolve Group by 55.7% during the 1st quarter. Silvercrest Asset Management Group LLC now owns 376,620 shares of the company’s stock worth $7,973,000 after buying an additional 134,775 shares during the last quarter. Finally, XTX Topco Ltd boosted its stake in shares of Revolve Group by 148.4% during the 2nd quarter. XTX Topco Ltd now owns 39,586 shares of the company’s stock worth $630,000 after buying an additional 23,652 shares during the last quarter. Institutional investors and hedge funds own 67.60% of the company’s stock.

Revolve Group Stock Up 0.7 %

Revolve Group stock opened at $26.53 on Monday. The stock has a market cap of $1.88 billion, a P/E ratio of 78.03, a P/E/G ratio of 2.49 and a beta of 2.05. Revolve Group, Inc. has a twelve month low of $12.42 and a twelve month high of $26.72. The company’s 50-day moving average price is $23.98 and its two-hundred day moving average price is $20.50.

Revolve Group (NYSE:RVLV) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.08. The firm had revenue of $282.50 million for the quarter, compared to analysts’ expectations of $277.06 million. Revolve Group had a net margin of 3.08% and a return on equity of 8.35%. The business’s revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.10 EPS. Equities analysts anticipate that Revolve Group, Inc. will post 0.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Robert W. Baird increased their price objective on shares of Revolve Group from $23.00 to $24.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 14th. UBS Group increased their price objective on shares of Revolve Group from $21.00 to $25.00 and gave the stock a “neutral” rating in a research note on Thursday. Piper Sandler reaffirmed an “overweight” rating and issued a $30.00 target price on shares of Revolve Group in a report on Friday, August 23rd. Barclays upped their target price on shares of Revolve Group from $15.00 to $17.00 and gave the company an “underweight” rating in a report on Wednesday, October 2nd. Finally, BTIG Research upped their target price on shares of Revolve Group from $24.00 to $26.00 and gave the company a “buy” rating in a report on Friday, August 16th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Revolve Group presently has an average rating of “Hold” and an average price target of $21.81.

Insider Transactions at Revolve Group

In other news, major shareholder Mmmk Development, Inc. sold 6,493 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $25.92, for a total transaction of $168,298.56. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, major shareholder Mmmk Development, Inc. sold 6,493 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $25.92, for a total transaction of $168,298.56. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Michael Mente sold 36,114 shares of the stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $25.95, for a total transaction of $937,158.30. Following the sale, the chief executive officer now owns 73,000 shares in the company, valued at $1,894,350. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 124,573 shares of company stock valued at $3,260,634. 46.56% of the stock is currently owned by company insiders.

Revolve Group Profile

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.