Fuller & Thaler Asset Management Inc. Sells 56,578 Shares of Revolve Group, Inc. (NYSE:RVLV)

Fuller & Thaler Asset Management Inc. decreased its holdings in Revolve Group, Inc. (NYSE:RVLV - Free Report) by 3.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,857,671 shares of the company's stock after selling 56,578 shares during the quarter. Fuller & Thaler Asset Management Inc. owned about 2.63% of Revolve Group worth $62,213,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in RVLV. AlphaQuest LLC grew its stake in Revolve Group by 7.7% in the fourth quarter. AlphaQuest LLC now owns 5,535 shares of the company's stock worth $185,000 after purchasing an additional 396 shares during the period. Navellier & Associates Inc. grew its position in shares of Revolve Group by 4.1% in the 4th quarter. Navellier & Associates Inc. now owns 25,711 shares of the company's stock worth $861,000 after buying an additional 1,008 shares during the period. Venturi Wealth Management LLC increased its stake in shares of Revolve Group by 1,302.1% in the 4th quarter. Venturi Wealth Management LLC now owns 1,346 shares of the company's stock worth $45,000 after acquiring an additional 1,250 shares in the last quarter. Franklin Resources Inc. lifted its position in Revolve Group by 5.1% during the 4th quarter. Franklin Resources Inc. now owns 28,571 shares of the company's stock valued at $957,000 after acquiring an additional 1,376 shares during the period. Finally, MetLife Investment Management LLC grew its holdings in Revolve Group by 6.6% in the fourth quarter. MetLife Investment Management LLC now owns 23,654 shares of the company's stock worth $792,000 after purchasing an additional 1,463 shares during the period. Institutional investors own 67.60% of the company's stock.

Revolve Group Stock Performance

Shares of RVLV traded down $0.41 during mid-day trading on Friday, hitting $20.39. 534,745 shares of the stock were exchanged, compared to its average volume of 1,105,110. The firm has a 50-day moving average of $22.66 and a two-hundred day moving average of $28.45. Revolve Group, Inc. has a 52-week low of $14.87 and a 52-week high of $39.58. The company has a market cap of $1.45 billion, a PE ratio of 36.41, a price-to-earnings-growth ratio of 1.48 and a beta of 2.10.

Insider Buying and Selling at Revolve Group

In related news, CEO Michael Mente sold 66,413 shares of the stock in a transaction on Wednesday, January 29th. The stock was sold at an average price of $30.48, for a total transaction of $2,024,268.24. Following the sale, the chief executive officer now owns 73,000 shares in the company, valued at approximately $2,225,040. This represents a 47.64 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible 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 transaction, the chief executive officer now directly owns 123,000 shares of the company's stock, valued at $3,190,620. The trade was a 9.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 256,781 shares of company stock worth $7,793,755 over the last 90 days. 46.56% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have commented on RVLV. Piper Sandler dropped their target price on Revolve Group from $35.00 to $22.00 and set an "overweight" rating on the stock in a report on Friday, April 11th. KeyCorp upgraded Revolve Group from a "sector weight" rating to an "overweight" rating and set a $37.00 target price on the stock in a research note on Thursday, January 23rd. Morgan Stanley decreased their target price on Revolve Group from $29.00 to $21.00 and set an "equal weight" rating for the company in a research report on Thursday, April 17th. Roth Mkm reissued a "buy" rating and set a $36.00 price target (up from $35.00) on shares of Revolve Group in a report on Wednesday, February 26th. Finally, Stifel Nicolaus cut their price objective on Revolve Group from $40.00 to $28.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $28.53.

Revolve Group Company 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.