New York State Teachers Retirement System Makes New $707,000 Investment in Revelyst, Inc. (NYSE:GEAR)

New York State Teachers Retirement System bought a new position in shares of Revelyst, Inc. (NYSE:GEAR) during the 4th quarter, Holdings Channel reports. The firm bought 36,768 shares of the company’s stock, valued at approximately $707,000.

Several other large investors also recently made changes to their positions in the business. Tokio Marine Asset Management Co. Ltd. bought a new stake in shares of Revelyst during the fourth quarter worth $4,751,000. FNY Investment Advisers LLC bought a new stake in shares of Revelyst during the fourth quarter worth $2,884,000. Robeco Institutional Asset Management B.V. bought a new stake in shares of Revelyst during the fourth quarter worth $2,194,000. State of Alaska Department of Revenue bought a new stake in shares of Revelyst during the fourth quarter worth $637,000. Finally, Curated Wealth Partners LLC bought a new stake in shares of Revelyst during the fourth quarter worth $451,000. Institutional investors own 90.51% of the company’s stock.

Revelyst Stock Performance

Shares of GEAR stock opened at $20.08 on Monday. The business’s fifty day simple moving average is $19.81. The company has a quick ratio of 1.26, a current ratio of 2.90 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $1.17 billion, a PE 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.

Revelyst 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.