State of Alaska Department of Revenue Acquires Shares of 33,133 Revelyst, Inc. (NYSE:GEAR)

State of Alaska Department of Revenue acquired a new stake in shares of Revelyst, Inc. (NYSE:GEAR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 33,133 shares of the company’s stock, valued at approximately $637,000. State of Alaska Department of Revenue owned 0.06% of Revelyst at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Tokio Marine Asset Management Co. Ltd. bought a new position in shares of Revelyst during the fourth quarter valued at approximately $4,751,000. FNY Investment Advisers LLC bought a new position in shares of Revelyst during the fourth quarter valued at approximately $2,884,000. Robeco Institutional Asset Management B.V. bought a new position in shares of Revelyst during the fourth quarter valued at approximately $2,194,000. Curated Wealth Partners LLC bought a new position in Revelyst in the fourth quarter worth approximately $451,000. Finally, Yousif Capital Management LLC bought a new position in Revelyst in the fourth quarter worth approximately $402,000. 90.51% of the stock is currently owned by hedge funds and other institutional investors.

Revelyst Stock Up 4.5 %

Shares of NYSE:GEAR opened at $20.08 on Friday. Revelyst, Inc. has a 52-week low of $18.90 and a 52-week high of $20.09. The company has a market capitalization of $1.17 billion, a PE ratio of -111.56 and a beta of 0.75. The business has a 50 day moving average price of $19.71. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.26 and a current ratio of 2.90.

About Revelyst

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.