Ronald O. Perelman Acquires 225,000 Shares of Revlon Inc (REV) Stock

Revlon Inc (NYSE:REV) Director Ronald O. Perelman bought 225,000 shares of the stock in a transaction dated Thursday, May 18th. The shares were purchased at an average price of $19.38 per share, for a total transaction of $4,360,500.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

Shares of Revlon Inc (NYSE:REV) traded down 1.28% during trading on Friday, hitting $19.25. The stock had a trading volume of 356,887 shares. The company’s market capitalization is $1.01 billion. Revlon Inc has a 52 week low of $18.30 and a 52 week high of $37.96. The company’s 50 day moving average price is $24.54 and its 200 day moving average price is $29.25.

Revlon (NYSE:REV) last posted its quarterly earnings data on Friday, May 5th. The company reported ($0.23) EPS for the quarter. Revlon had a net margin of 1.92% and a negative return on equity of 21.37%. The firm had revenue of $594.90 million during the quarter. Analysts predict that Revlon Inc will post $1.80 earnings per share for the current year.

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Separately, TheStreet lowered Revlon from a “c” rating to a “d+” rating in a research note on Tuesday, March 28th.

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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