World Equity Group Inc. Invests $202,000 in Revelyst, Inc. (NYSE:GEAR)

World Equity Group Inc. acquired a new position in shares of Revelyst, Inc. (NYSE:GEAR) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 10,512 shares of the company’s stock, valued at approximately $202,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GEAR. FNY Investment Advisers LLC purchased a new stake in Revelyst in the fourth quarter valued at $2,884,000. Nisa Investment Advisors LLC purchased a new stake in Revelyst in the fourth quarter valued at $61,000. Curated Wealth Partners LLC purchased a new stake in Revelyst in the fourth quarter valued at $451,000. KBC Group NV purchased a new stake in Revelyst in the fourth quarter valued at $43,000. Finally, Robeco Institutional Asset Management B.V. purchased a new stake in Revelyst in the fourth quarter valued at $2,194,000. 90.51% of the stock is owned by hedge funds and other institutional investors.

Revelyst Stock Performance

Shares of NYSE:GEAR opened at $20.08 on Tuesday. The company has a 50-day simple moving average of $19.83. Revelyst, Inc. has a one year low of $18.90 and a one year 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 stock has a market capitalization of $1.17 billion, a PE 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.