American Century Companies Inc. Invests $32.23 Million in Revelyst, Inc. (NYSE:GEAR)

American Century Companies Inc. purchased a new stake in Revelyst, Inc. (NYSE:GEAR) in the fourth quarter, Holdings Channel.com reports. The firm purchased 1,675,902 shares of the company’s stock, valued at approximately $32,228,000.

Other institutional investors have also made changes to their positions in the company. Blue Trust Inc. acquired a new stake in Revelyst in the 4th quarter valued at about $26,000. PNC Financial Services Group Inc. bought a new stake in shares of Revelyst during the fourth quarter valued at approximately $36,000. Jones Financial Companies Lllp acquired a new stake in shares of Revelyst in the fourth quarter valued at approximately $42,000. KBC Group NV bought a new position in Revelyst in the 4th quarter worth approximately $43,000. Finally, Nisa Investment Advisors LLC acquired a new position in Revelyst during the 4th quarter worth $61,000. 90.51% of the stock is owned by institutional investors.

Revelyst Stock Performance

Shares of GEAR opened at $20.08 on Friday. The company has a fifty day moving average price of $20.08. The company has a market cap of $1.17 billion, a price-to-earnings ratio of -111.56 and a beta of 0.75. Revelyst, Inc. has a 52 week low of $18.90 and a 52 week high of $20.09. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.90 and a quick ratio of 1.26.

About Revelyst

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.