16,025 Shares in REV Group, Inc. $REVG Purchased by Sierra Summit Advisors LLC

Sierra Summit Advisors LLC acquired a new position in shares of REV Group, Inc. (NYSE:REVG) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 16,025 shares of the company’s stock, valued at approximately $974,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in REV Group during the third quarter worth about $1,221,000. Lisanti Capital Growth LLC raised its stake in REV Group by 122.5% during the third quarter. Lisanti Capital Growth LLC now owns 79,182 shares of the company’s stock worth $4,487,000 after acquiring an additional 43,587 shares during the period. Beacon Harbor Wealth Advisors Inc. acquired a new stake in REV Group during the third quarter worth about $5,625,000. Virtue Capital Management LLC acquired a new stake in REV Group during the third quarter worth about $942,000. Finally, Counterpoint Mutual Funds LLC raised its stake in REV Group by 448.4% during the third quarter. Counterpoint Mutual Funds LLC now owns 49,585 shares of the company’s stock worth $2,810,000 after acquiring an additional 40,544 shares during the period.

REV Group Price Performance

REVG opened at $63.90 on Thursday. The firm has a market cap of $3.12 billion, a price-to-earnings ratio of 33.46 and a beta of 1.14. REV Group, Inc. has a fifty-two week low of $31.05 and a fifty-two week high of $69.92. The company’s 50-day moving average price is $63.90 and its 200 day moving average price is $61.73. The company has a quick ratio of 0.49, a current ratio of 1.51 and a debt-to-equity ratio of 0.10.

REV Group Profile

REV Group, Inc (NYSE: REVG) is a diversified manufacturer of specialty vehicles serving public safety, healthcare, transportation and recreation markets. The company designs, engineers and produces a broad range of products, including fire and emergency apparatus, transit and shuttle buses, work trucks, ambulances and recreational vehicles. Through its integrated platform, REV Group combines engineering expertise with customer-focused assembly to deliver purpose-built solutions that meet the exact specifications of fleet operators, municipalities and individual consumers.

The company’s product portfolio is organized into three primary segments.