Ronald O. Perelman Buys 255,681 Shares of Revlon, Inc. (REV) Stock

Revlon, Inc. (NYSE:REV) Director Ronald O. Perelman acquired 255,681 shares of the firm’s stock in a transaction on Tuesday, June 20th. The stock was bought at an average price of $22.94 per share, for a total transaction of $5,865,322.14. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Revlon, Inc. (NYSE REV) opened at 23.30 on Friday. The stock has a 50 day moving average of $20.51 and a 200-day moving average of $27.70. Revlon, Inc. has a 12 month low of $18.15 and a 12 month high of $37.96. The company’s market cap is $1.22 billion.

Revlon (NYSE:REV) last announced its quarterly earnings data on Friday, May 5th. The company reported ($0.23) earnings per share for the quarter. Revlon had a negative return on equity of 9.87% and a negative net margin of 2.82%. The firm had revenue of $594.90 million during the quarter. Equities analysts forecast that Revlon, Inc. will post $1.80 earnings per share for the current year.

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

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Several equities analysts have commented on REV shares. TheStreet downgraded shares of Revlon from a “c” rating to a “d+” rating in a report on Tuesday, March 28th. BidaskClub raised shares of Revlon from a “strong sell” rating to a “sell” rating in a research report on Friday, June 16th.

About Revlon

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.

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