Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Revolve Group Inc shares valued at $2,623,245 were sold by Mente Michael on Dec 18 ’24. At $34.14 per share, Mente Michael sold 76,835 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Mente Michael sold 75,568 shares, netting a total of over 2,570,342 in proceeds. Following the sale of shares at $34.01 each, the insider now holds 0 shares.
Before that, Mente Michael had sold 62,441 shares from its account. In a trade valued at $2,135,793, the CO-CHIEF EXECUTIVE OFFICER traded Revolve Group Inc shares for $34.20 each. Upon closing the transaction, the insider’s holdings decreased to 62,441 shares, worth approximately $0.0.
As published in a research note from Barclays on November 06, 2024, Revolve Group Inc [RVLV] has been rated up from an Underweight to an Equal weight and the price target has been revised to $25 from $17. As of March 21, 2024, TD Cowen has increased its “Market perform” rating to a “an Outperform” for RVLV. Earlier on February 28, 2024, Raymond James upgraded its rating. Their new recommendation was “an Outperform” for RVLV stock which previously was a “a Mkt perform”.
Analyzing RVLV Stock Performance
During the last five days, there has been a drop of approximately -1.87%. Over the course of the year, Revolve Group Inc shares have jumped approximately 99.40%. Shares of the company reached a 52-week high of $39.58 on 12/17/24 and a 52-week low of $13.96 on 01/19/24. A 50-day SMA is recorded $32.21, while a 200-day SMA reached $23.39. Nevertheless, trading volume fell to 0.57 million shares from 0.24 million shares the previous day.
Support And Resistance Levels for Revolve Group Inc (RVLV)
According to the 24-hour chart, there is a support level at 32.73, which, if violated, would cause prices to drop to 32.41. In the upper region, resistance lies at 33.63. The next price resistance is at 34.21. RSI (Relative Strength Index) is 43.81 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.13, which suggests the price will decrease in the coming days. Percent R is at 95.32%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
