84,869 Shares in Revelyst, Inc. (NYSE:GEAR) Acquired by Larson Financial Group LLC

Larson Financial Group LLC acquired a new position in shares of Revelyst, Inc. (NYSE:GEAR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 84,869 shares of the company’s stock, valued at approximately $1,632,000.

Several other large investors also recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue purchased a new position in shares of Revelyst during the 4th quarter worth $637,000. Nisa Investment Advisors LLC purchased a new position in shares of Revelyst during the 4th quarter worth $61,000. Robeco Institutional Asset Management B.V. purchased a new position in shares of Revelyst during the 4th quarter worth $2,194,000. Rhumbline Advisers purchased a new position in shares of Revelyst during the 4th quarter worth $2,972,000. Finally, FNY Investment Advisers LLC purchased a new position in shares of Revelyst during the 4th quarter worth $2,884,000. 90.51% of the stock is currently owned by hedge funds and other institutional investors.

Revelyst Trading Up 4.5 %

NYSE GEAR opened at $20.08 on Friday. The stock has a market cap of $1.17 billion, a PE ratio of -111.56 and a beta of 0.75. The company has a current ratio of 2.90, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48. Revelyst, Inc. has a twelve month low of $18.90 and a twelve month high of $20.09. The business’s fifty day simple moving average is $20.01.

Revelyst Company Profile

Vista Outdoor Inc is the parent company of renowned brands which design, manufacture and market sporting and outdoor products. The company’s operating segment includes Outdoor Products and Sporting Products. Its brand portfolio includes Remington Ammunition, Bushnell, CamelBak, Bushnell Golf, Foresight Sports, Fiber Energy Products, Bell Helmets, Camp Chef, Giro, QuietKat, Stone Glacier, Federal Ammunition and more.