Virtu Financial LLC Acquires New Stake in Revelyst, Inc. (NYSE:GEAR)

Virtu Financial LLC bought a new position in shares of Revelyst, Inc. (NYSE:GEAR) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 18,499 shares of the company’s stock, valued at approximately $356,000.

Other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. acquired a new position in shares of Revelyst in the fourth quarter worth approximately $9,766,000. Bank of New York Mellon Corp acquired a new position in shares of Revelyst in the 4th quarter worth approximately $7,811,000. Tokio Marine Asset Management Co. Ltd. bought a new stake in shares of Revelyst in the 4th quarter valued at $4,751,000. Rhumbline Advisers acquired a new stake in shares of Revelyst during the fourth quarter worth $2,972,000. Finally, FNY Investment Advisers LLC bought a new position in Revelyst during the fourth quarter worth $2,884,000. Institutional investors own 90.51% of the company’s stock.

Revelyst Stock Up 4.5 %

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

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.