New Age Alpha Advisors LLC Takes Position in Revelyst, Inc. (NYSE:GEAR)

New Age Alpha Advisors LLC bought a new position in shares of Revelyst, Inc. (NYSE:GEAR) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 8,677 shares of the company’s stock, valued at approximately $167,000.

Several other large investors have also recently bought and sold shares of GEAR. Norges Bank acquired a new stake in shares of Revelyst in the 4th quarter valued at approximately $3,892,000. JPMorgan Chase & Co. bought a new position in shares of Revelyst in the 4th quarter valued at about $516,000. Prudential Financial Inc. acquired a new position in shares of Revelyst during the 4th quarter worth about $1,146,000. Corebridge Financial Inc. bought a new stake in shares of Revelyst in the 4th quarter valued at about $597,000. Finally, Vanguard Group Inc. bought a new position in Revelyst during the fourth quarter worth about $95,824,000. 90.51% of the stock is owned by institutional investors and hedge funds.

Revelyst Stock Up 4.5 %

NYSE:GEAR opened at $20.08 on Thursday. Revelyst, Inc. has a 12-month low of $18.90 and a 12-month high of $20.09. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of -111.56 and a beta of 0.75. The company has a 50 day simple moving average of $20.08. The company has a quick ratio of 1.26, a current ratio of 2.90 and a debt-to-equity ratio of 0.48.

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.