Michael Mente, a man tasked with steering Revolve Group, sold 194,196 shares. The transaction netted him $6 million. He still owns 30 million more, indirectly. So it goes.
The paperwork calls it a “Rule 10b5-1 trading plan.” A bureaucratic shrug. Executives sell shares; markets twitch. The world continues.
Revolve Group sells clothes to young people who believe they control their destinies. The company’s platforms-REVOLVE and FWRD-curate trends. Influencers wear the garments. Others buy them. This is the cycle.
The numbers
Market cap: $2.18 billion. Revenue: $1.20 billion. Profit: $55.50 million. The stock price hovers near $30.80. A year ago, it was lower. Then again, so was everything.
Mente’s sale aligned with his “historical median transaction.” A statistic. A ritual. A man lightens his load. The shares, once symbols of future wealth, became cash. Cash is simpler. Cash does not dream.
What it means
Insiders sell shares for many reasons. Fear. Greed. A yacht’s down payment. Here, the filing claims no “material nonpublic information” influenced the trade. A comforting lie. All markets are casinos with better lighting.
Revolve’s customer base grew 5%. Profits leaped 97%. The P/E ratio sits at 40-a number that dares gravity. Buy? Sell? The stock is neither a beacon nor a warning. It simply exists, like a rock in a landslide.
For now, the price is high. Wait. Or don’t. Time’s arrow bends toward regret either way. 🌌
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2026-01-14 23:18