Charles Schwab Investment Management Inc. Purchases New Stake in Revelyst, Inc. (NYSE:GEAR)

Charles Schwab Investment Management Inc. acquired a new stake in Revelyst, Inc. (NYSE:GEAR) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 507,869 shares of the company’s stock, valued at approximately $9,766,000. Charles Schwab Investment Management Inc. owned approximately 0.87% of Revelyst as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. State of Alaska Department of Revenue acquired a new stake in Revelyst in the fourth quarter valued at approximately $637,000. Bank of New York Mellon Corp acquired a new stake in Revelyst in the fourth quarter valued at approximately $7,811,000. Nisa Investment Advisors LLC acquired a new stake in Revelyst in the fourth quarter valued at approximately $61,000. US Bancorp DE acquired a new stake in Revelyst in the fourth quarter valued at approximately $1,204,000. Finally, Robeco Institutional Asset Management B.V. acquired a new stake in Revelyst in the fourth quarter valued at approximately $2,194,000. Institutional investors and hedge funds own 90.51% of the company’s stock.

Revelyst Trading Up 4.5 %

GEAR stock opened at $20.08 on Friday. Revelyst, Inc. has a twelve month low of $18.90 and a twelve month 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 firm has a market capitalization of $1.17 billion, a P/E ratio of -111.56 and a beta of 0.75. The stock’s 50 day moving average is $20.08.

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.