Exane Derivatives decreased its holdings in Fox Factory Holding Corp. (NASDAQ:FOXF – Get Rating) by 16.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,186 shares of the company’s stock after selling 239 shares during the quarter. Exane Derivatives’ holdings in Fox Factory were worth $116,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Conestoga Capital Advisors LLC boosted its holdings in shares of Fox Factory by 0.4% in the fourth quarter. Conestoga Capital Advisors LLC now owns 1,507,955 shares of the company’s stock worth $256,503,000 after buying an additional 5,760 shares during the last quarter. State Street Corp boosted its holdings in shares of Fox Factory by 1.4% in the fourth quarter. State Street Corp now owns 1,268,409 shares of the company’s stock worth $215,756,000 after buying an additional 17,860 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Fox Factory by 5.5% in the fourth quarter. Invesco Ltd. now owns 1,211,694 shares of the company’s stock worth $206,109,000 after buying an additional 62,700 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in Fox Factory by 1.5% during the fourth quarter. Alliancebernstein L.P. now owns 1,058,359 shares of the company’s stock valued at $180,027,000 after purchasing an additional 15,694 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Fox Factory by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 733,545 shares of the company’s stock valued at $124,776,000 after purchasing an additional 10,536 shares in the last quarter. 99.49% of the stock is currently owned by institutional investors.
FOXF stock opened at $88.59 on Friday. Fox Factory Holding Corp. has a one year low of $69.28 and a one year high of $190.29. The company’s fifty day moving average price is $81.59 and its 200-day moving average price is $106.52. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.93 and a current ratio of 3.05. The company has a market capitalization of $3.73 billion, a PE ratio of 21.61, a price-to-earnings-growth ratio of 0.82 and a beta of 1.72.
Fox Factory (NASDAQ:FOXF – Get Rating) last released its earnings results on Thursday, May 5th. The company reported $1.32 EPS for the quarter, topping the consensus estimate of $1.13 by $0.19. Fox Factory had a net margin of 12.46% and a return on equity of 23.11%. The firm had revenue of $377.98 million for the quarter, compared to the consensus estimate of $335.60 million. During the same quarter in the previous year, the firm earned $1.05 earnings per share. The company’s quarterly revenue was up 34.4% compared to the same quarter last year. On average, research analysts predict that Fox Factory Holding Corp. will post 5.16 EPS for the current fiscal year.
Several equities analysts have weighed in on the stock. StockNews.com assumed coverage on shares of Fox Factory in a report on Thursday, March 31st. They set a “hold” rating on the stock. Jefferies Financial Group lowered their price target on shares of Fox Factory from $140.00 to $110.00 and set a “buy” rating on the stock in a report on Friday, June 24th.
About Fox Factory (Get Rating)
Fox Factory Holding Corp. designs, engineers, manufactures, and markets ride dynamics products worldwide. The company offers mid-end and high-end front fork and rear suspension products for mountain bikes, road bikes, and e-bikes; and 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.
Featured Articles
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 – Get Rating).
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.com’s FREE daily email newsletter.
