APR 29·Investing.com→
Mmmk Development sells $3.14m in Revolve Group (RVLV) shares
MMMK Development, a 10% owner of Revolve Group (NASDAQ:RVLV), sold 119,241 shares of Class A Common Stock for approximately $3.14 million between April 27 and April 29, 2026, through a Rule 10b5-1 trading plan. The sales occurred at weighted-average prices ranging from $26.00 to $26.43, coinciding with the stock's volatile performance and upcoming earnings report. Despite the insider sales, analysts from Stifel, TD Cowen, and Piper Sandler have largely maintained positive ratings, citing market share gains and long-term growth prospects.
APR 29·Investing.com→
Revolve group co-CEO Michael Karanikolas sells $3.14M class A stock
Michael Karanikolas, co-CEO of Revolve Group, Inc. (NASDAQ:RVLV), recently sold 119,241 shares of Class A common stock for approximately $3.14 million through a Rule 10b5-1 trading plan. The sales occurred between April 27 and April 29, 2026, at prices ranging from $26.00 to $26.43 per share. This divestment happens as the company expands its market presence with a new in-house fashion brand and makes changes to its board, while analysts provide varied but generally positive assessments of the stock.
