Jefferies upgrades Revolve Group Inc (RVLV) stock to a Buy

Revolve Group Inc’s recent filing unveils that 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 Monday, Revolve Group Inc [NYSE:RVLV] saw its stock jump 1.63% to $20.61. Over the last five days, the stock has lost -8.52%. Revolve Group Inc shares have fallen nearly -38.46% since the year began. Nevertheless, the stocks have risen 14.06% 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 05/07/25.

Levels Of Support And Resistance For RVLV Stock

The 24-hour chart illustrates a support level at 20.29, which if violated will result in even more drops to 19.98. On the upside, there is a resistance level at 20.84. A further resistance level may holdings at 21.08.

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