2 weeks Ago By ABMN Staff
Public Employees Retirement Association of Colorado lessened its holdings in shares of Fox Factory Holding Corp. ( NASDAQ:FOXF – Free Report ) by 10.6% during the 2nd quarter, HoldingsChannel reports.
The fund owned 4,862 shares of the company’s stock after selling 579 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Fox Factory were worth $234,000 as of its most recent SEC filing. Other hedge funds have also made changes to their positions in the company.
Benjamin F. Edwards & Company Inc. increased its stake in Fox Factory by 734.
6% in the 2nd quarter. Benjamin F. Edwards & Company Inc.
now owns 2,654 shares of the company’s stock valued at $128,000 after buying an additional 2,336 shares during the period. Inspire Investing LLC increased its stake in shares of Fox Factory by 7.9% in the second quarter.
Inspire Investing LLC now owns 7,318 shares of the company’s stock worth $353,000 after acquiring an additional 533 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of Fox Factory during the second quarter worth $375,000. Hsbc Holdings PLC acquired a new stake in Fox Factory during the second quarter valued at $268,000.
Finally, Massachusetts Financial Services Co. MA increased its position in Fox Factory by 3.5% in the 2nd quarter.
Massachusetts Financial Services Co. MA now owns 16,338 shares of the company’s stock worth $787,000 after purchasing an additional 549 shares during the last quarter. Insider Buying and Selling at Fox Factory In related news, CEO Michael C.
Dennison acquired 4,800 shares of the company’s stock in a transaction dated Tuesday, August 6th. The shares were bought at an average price of $41.44 per share, for a total transaction of $198,912.
00. Following the acquisition, the chief executive officer now owns 135,066 shares in the company, valued at approximately $5,597,135.04.
The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink . Insiders own 0.30% of the company’s stock.
Fox Factory Trading Up 0.5 % Fox Factory ( NASDAQ:FOXF – Get Free Report ) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.
38 EPS for the quarter, topping the consensus estimate of $0.35 by $0.03.
The company had revenue of $348.49 million for the quarter, compared to the consensus estimate of $346.22 million.
Fox Factory had a return on equity of 7.66% and a net margin of 3.07%.
The company’s revenue for the quarter was down 13.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.
21 EPS. Equities research analysts forecast that Fox Factory Holding Corp. will post 1.
56 earnings per share for the current year. Wall Street Analyst Weigh In Several equities research analysts have recently issued reports on the company. Robert W.
Baird reduced their price target on Fox Factory from $48.00 to $45.00 and set a “neutral” rating for the company in a report on Friday, August 2nd.
Truist Financial decreased their price objective on shares of Fox Factory from $55.00 to $54.00 and set a “buy” rating for the company in a report on Friday, August 2nd.
B. Riley reduced their price target on Fox Factory from $50.00 to $45.
00 and set a “neutral” rating for the company in a research report on Friday, August 2nd. Finally, Bank of America lowered their price objective on Fox Factory from $53.00 to $43.
00 and set a “neutral” rating on the stock in a report on Thursday, September 12th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.
com, Fox Factory currently has a consensus rating of “Hold” and a consensus target price of $46.17. Check Out Our Latest Stock Report on FOXF Fox Factory Profile ( Free Report ) Fox Factory Holding Corp.
designs, engineers, manufactures, and markets performance-defining products and system worldwide. The company offers powered vehicle products for side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, and specialty vehicles and applications, such as military, motorcycles, and commercial trucks; lift kits and components with shock products and aftermarket accessory packages for trucks; and mid-end and high-end front fork and rear suspension products. Recommended Stories Want to see what other hedge funds are holding FOXF? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Fox Factory Holding Corp. ( NASDAQ:FOXF – Free Report ). Receive News & Ratings for Fox Factory Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fox Factory and related companies with MarketBeat.
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