Swiss National Bank Purchases New Position in Revelyst, Inc. (NYSE:GEAR)

Swiss National Bank purchased a new position in shares of Revelyst, Inc. (NYSE:GEAR) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 91,900 shares of the company’s stock, valued at approximately $1,767,000.

Several other institutional investors also recently bought and sold shares of GEAR. Blue Trust Inc. purchased a new stake in shares of Revelyst during the fourth quarter worth about $26,000. PNC Financial Services Group Inc. purchased a new stake in Revelyst during the 4th quarter worth approximately $36,000. Jones Financial Companies Lllp acquired a new position in shares of Revelyst during the fourth quarter valued at approximately $42,000. KBC Group NV purchased a new position in shares of Revelyst in the fourth quarter valued at approximately $43,000. Finally, Nisa Investment Advisors LLC acquired a new stake in shares of Revelyst in the fourth quarter worth approximately $61,000. 90.51% of the stock is owned by institutional investors and hedge funds.

Revelyst Stock Performance

Shares of GEAR opened at $20.08 on Friday. The stock’s 50 day moving average price is $20.08. Revelyst, Inc. has a one year low of $18.90 and a one year 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. The stock has a market capitalization of $1.17 billion, a PE ratio of -111.56 and a beta of 0.75.

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.