In a filing, Revolve Group Inc revealed its CO-CHIEF EXECUTIVE OFFICER Mente Michael unloaded Company’s shares for reported $2.18 million on Feb 13 ’25. In the deal valued at $31.61 per share,68,921 shares were sold. As a result of this transaction, Mente Michael now holds 0 shares worth roughly $ 0.0.
Then, Mente Michael sold 67,118 shares, generating $2,074,656 in total proceeds. Upon selling the shares at $30.91, the CO-CHIEF EXECUTIVE OFFICER now owns 0 shares.
Before that, Mente Michael sold 65,722 shares. Revolve Group Inc shares valued at $1,978,401 were divested by the CO-CHIEF EXECUTIVE OFFICER at a price of $30.10 per share. As a result of the transaction, Mente Michael now holds 0 shares, worth roughly $0.0.
KeyBanc Capital Markets upgraded its Revolve Group Inc [RVLV] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in early November from “an Underweight” to “an Equal weight”. TD Cowen revised its rating on March 21, 2024. It rated RVLV as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of RVLV
On Friday, Revolve Group Inc [NYSE:RVLV] saw its stock fall -1.49% to $31.10. Over the last five days, the stock has gained 6.11%. Revolve Group Inc shares have fallen nearly -7.14% since the year began. Nevertheless, the stocks have risen 89.29% over the past one year. While a 52-week high of $39.58 was reached on 01/03/25, a 52-week low of $14.87 was recorded on 01/14/25. SMA at 50 days reached $32.64, while 200 days put it at $25.22.
Levels Of Support And Resistance For RVLV Stock
The 24-hour chart illustrates a support level at 30.46, which if violated will result in even more drops to 29.82. On the upside, there is a resistance level at 31.80. A further resistance level may holdings at 32.50. The Relative Strength Index (RSI) on the 14-day chart is 49.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.41%. Stochastics %K at 62.63% indicates the stock is a holding.
How much short interest is there in Revolve Group Inc?
A steep rise in short interest was recorded in Revolve Group Inc stocks on 2025-01-31, dropping by -2.07 million shares to a total of 6.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 8.39 million shares. There was a decline of -32.78%, which implies that there is a negative sentiment for the stock.
