In a filing, Revolve Group Inc revealed its 10% Owner MMMK Development, Inc. unloaded Company’s shares for reported $0.33 million on Mar 03 ’25. In the deal valued at $25.94 per share,12,566 shares were sold. As a result of this transaction, MMMK Development, Inc. now holds 0 shares worth roughly $0.0.
Then, Karanikolas Michael sold 12,566 shares, generating $325,962 in total proceeds. Upon selling the shares at $25.94, the CO-CHIEF EXECUTIVE OFFICER now owns 0 shares.
Before that, Mente Michael sold 12,566 shares. Revolve Group Inc shares valued at $325,962 were divested by the CO-CHIEF EXECUTIVE OFFICER at a price of $25.94 per share. As a result of the transaction, Mente Michael now holds 0 shares, worth roughly $0.0.
Jefferies upgraded its Revolve Group Inc [RVLV] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who increased its forecast for the stock in late January from “a Sector weight” to “an Overweight”. Barclays also remained covering RVLV and has increased its forecast on November 06, 2024 with a “an Equal weight” recommendation from previously “an Underweight” rating.
Price Performance Review of RVLV
On Friday, Revolve Group Inc [NYSE:RVLV] saw its stock jump 4.94% to $22.31. Over the last five days, the stock has lost -7.20%. Revolve Group Inc shares have fallen nearly -33.38% since the year began. Nevertheless, the stocks have risen 5.24% 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 03/13/25. SMA at 50 days reached $29.06, while 200 days put it at $25.71.
Levels Of Support And Resistance For RVLV Stock
The 24-hour chart illustrates a support level at 22.00, which if violated will result in even more drops to 21.68. On the upside, there is a resistance level at 22.77. A further resistance level may holdings at 23.22. The Relative Strength Index (RSI) on the 14-day chart is 32.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.48%. Stochastics %K at 13.48% indicates the stock is a buying.
How much short interest is there in Revolve Group Inc?
A steep rise in short interest was recorded in Revolve Group Inc stocks on 2025-02-28, growing by 0.66 million shares to a total of 6.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 6.32 million shares. There was a rise of 9.51%, which implies that there is a positive sentiment for the stock.
