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 $2,178,689 were sold by Mente Michael on Feb 13 ’25. At $31.61 per share, Mente Michael sold 68,921 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Mente Michael sold 67,118 shares, netting a total of over 2,074,656 in proceeds. Following the sale of shares at $30.91 each, the insider now holds 0 shares.
Before that, Mente Michael had sold 65,722 shares from its account. In a trade valued at $1,978,401, the CO-CHIEF EXECUTIVE OFFICER traded Revolve Group Inc shares for $30.10 each. Upon closing the transaction, the insider’s holdings decreased to 65,722 shares, worth approximately $0.0.
As published in a research note from KeyBanc Capital Markets on January 23, 2025, Revolve Group Inc [RVLV] has been rated up from a Sector weight to an Overweight and the price target has been revised to $37. Analysts at Barclays upgraded the stock from ‘”an Underweight”‘ to ‘”an Equal weight”‘ outlook in a report released in early November. Earlier on March 21, 2024, TD Cowen upgraded its rating. Their new recommendation was “an Outperform” for RVLV stock which previously was a “a Market perform”.
Analyzing RVLV Stock Performance
During the last five days, there has been a drop of approximately -4.96%. Over the course of the year, Revolve Group Inc shares have dropped approximately -12.42%. Shares of the company reached a 52-week high of $34.39 on 01/03/25 and a 52-week low of $28.14 on 01/14/25. A 50-day SMA is recorded $32.31, while a 200-day SMA reached $25.38. Nevertheless, trading volume fell to 1.54 million shares from 1.42 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 28.64, which, if violated, would cause prices to drop to 27.94. In the upper region, resistance lies at 30.23. The next price resistance is at 31.12. RSI (Relative Strength Index) is 40.70 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.42, which suggests the price will decrease in the coming days. Percent R is at 86.55%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
