Natixis Advisors LLC Purchases Shares of 11,948 Revelyst, Inc. (NYSE:GEAR)

Natixis Advisors LLC bought a new position in shares of Revelyst, Inc. (NYSE:GEAR) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 11,948 shares of the company’s stock, valued at approximately $230,000.

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

Revelyst Trading Up 4.5 %

Revelyst stock opened at $20.08 on Friday. Revelyst, Inc. has a 12 month low of $18.90 and a 12 month high of $20.09. 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 P/E ratio of -111.56 and a beta of 0.75. The company has a 50-day moving average price of $20.08.

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.