CFO Reduces Holdings by 31.5% Selling $168,547 of Revolve Group Shares
Revolve Group CFO Jesse Timmermans sold 5,349 shares on January 8 at an average price of $31.51, netting $168,546.99. This transaction cut his position by 31.54%, leaving him with 11,610 shares valued at approximately $365,831.10, signaling notable insider supply.
1. Insider Selling Details
On January 8, Revolve Group CFO Jesse Timmermans unloaded 5,349 shares at an average price of $31.51, generating proceeds of $168,546.99. This sale reduced his stake from 16,959 shares to 11,610 shares, a 31.54% cut in his holding. Over the prior two trading days, Timmermans also sold 12,053 shares on January 6 for $379,790.03 and 3,880 shares on January 7 for $122,220.00. These transactions were disclosed in an SEC filing, highlighting significant insider liquidity that could influence supply dynamics and investor sentiment in RVLV stock.
2. Financial and Market Metrics
Revolve Group reported fiscal Q3 revenue of $295.6 million, up 4.4% year-over-year yet slightly shy of the $297.4 million consensus. Quarterly EPS came in at $0.24, beating the $0.11 consensus by $0.13, lifting the net margin to 4.64% and ROE to 11.26%. RVLV trades with a P/E ratio of 40.5 and a PEG of 2.95, reflecting elevated growth expectations. The stock’s 50-day moving average stands at $26.23, above its 200-day average of $23.33, while the 12-month range spans $16.80 to $33.68. Market capitalization is approximately $2.19 billion, with a beta of 1.75 indicating above-market volatility.
3. Analysts and Ownership Dynamics
Equities research houses maintain a Moderate Buy consensus on RVLV, with an average target of $27.71. Jefferies remains bullish with a $34 target, while Morgan Stanley and Barclays assign Equal-Weight ratings with $26 and $24 targets, respectively. Institutional investors hold roughly 67.6% of the float; key recent movers include Quarry LP, which increased its position by 6,932% in Q3 to 3,727 shares, and Logan Capital Management, up 35.5% to 5,579 shares. High institutional ownership offers stability but also means that shifts in large fund positions could move the stock significantly.