Revlon, Inc. (NYSE:REV) Director Ronald O. Perelman Buys 419,127 Shares

Revlon, Inc. (NYSE:REV) Director Ronald O. Perelman bought 419,127 shares of the stock in a transaction that occurred on Tuesday, August 8th. The shares were purchased at an average price of $18.55 per share, with a total value of $7,774,805.85. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Revlon, Inc. (NYSE:REV) traded up 0.87% during trading on Friday, reaching $17.45. The company had a trading volume of 420,828 shares. The firm’s market capitalization is $918.13 million. Revlon, Inc. has a 52 week low of $15.60 and a 52 week high of $37.96. The firm has a 50-day moving average of $20.43 and a 200 day moving average of $24.89.

Revlon (NYSE:REV) last issued its earnings results on Friday, August 4th. The company reported ($0.46) earnings per share for the quarter. Revlon had a negative return on equity of 3.09% and a negative net margin of 4.35%. The company had revenue of $645.70 million during the quarter. On average, equities research analysts forecast that Revlon, Inc. will post $1.80 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “Revlon, Inc. (NYSE:REV) Director Ronald O. Perelman Buys 419,127 Shares” was originally published by BNB Daily and is the sole property of of BNB Daily. If you are viewing this report on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The legal version of this report can be accessed at https://www.baseball-news-blog.com/2017/08/20/insider-buying-revlon-inc-nyserev-director-acquires-419127-shares-of-stock-updated.html.

Several large investors have recently modified their holdings of REV. Parametric Portfolio Associates LLC increased its stake in shares of Revlon by 53.1% in the second quarter. Parametric Portfolio Associates LLC now owns 34,422 shares of the company’s stock valued at $816,000 after buying an additional 11,935 shares during the last quarter. Advisor Group Inc. bought a new stake in shares of Revlon during the second quarter valued at $114,000. California Public Employees Retirement System increased its stake in shares of Revlon by 9.2% in the second quarter. California Public Employees Retirement System now owns 76,100 shares of the company’s stock valued at $1,804,000 after buying an additional 6,400 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Revlon by 4.1% in the second quarter. Vanguard Group Inc. now owns 1,002,936 shares of the company’s stock valued at $23,770,000 after buying an additional 39,526 shares during the last quarter. Finally, Thrivent Financial For Lutherans bought a new stake in shares of Revlon during the second quarter valued at $531,000. 16.27% of the stock is owned by institutional investors.

Separately, BidaskClub cut Revlon from a “sell” rating to a “strong sell” rating in a report on Monday, July 24th.

Revlon Company Profile

Revlon, Inc manufactures, markets and sells around the world a range of beauty and personal care products, including color cosmetics, hair color, hair care and hair treatments, as well as beauty tools, men’s grooming products, anti-perspirant deodorants, fragrances, skincare and other beauty care products.

Insider Buying and Selling by Quarter for Revlon (NYSE:REV)

Receive News & Ratings for Revlon Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Revlon Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply