Gardner Lewis Asset Management L P Makes New $2.03 Million Investment in VOXX International Co. (NASDAQ:VOXX)

Gardner Lewis Asset Management L P acquired a new position in VOXX International Co. (NASDAQ:VOXX - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 275,000 shares of the auto parts company's stock, valued at approximately $2,030,000. Gardner Lewis Asset Management L P owned 1.22% of VOXX International as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in VOXX. State Street Corp grew its position in VOXX International by 5.4% during the 3rd quarter. State Street Corp now owns 52,408 shares of the auto parts company's stock valued at $333,000 after purchasing an additional 2,700 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of VOXX International by 5.1% in the fourth quarter. Empowered Funds LLC now owns 105,239 shares of the auto parts company's stock worth $777,000 after buying an additional 5,067 shares in the last quarter. AlphaQuest LLC purchased a new stake in shares of VOXX International during the fourth quarter valued at approximately $51,000. Wolverine Asset Management LLC bought a new stake in shares of VOXX International during the fourth quarter valued at approximately $92,000. Finally, Burney Co. purchased a new position in VOXX International in the 4th quarter worth approximately $103,000. 71.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com started coverage on VOXX International in a report on Wednesday, March 26th. They issued a "hold" rating for the company.

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VOXX International Price Performance

VOXX remained flat at $7.50 during midday trading on Monday. 163,002 shares of the company's stock traded hands, compared to its average volume of 201,696. The firm has a 50 day moving average of $7.43 and a 200-day moving average of $7.25. VOXX International Co. has a 1-year low of $2.27 and a 1-year high of $8.40. The firm has a market cap of $168.96 million, a price-to-earnings ratio of -2.43 and a beta of 1.19. The company has a quick ratio of 0.97, a current ratio of 1.85 and a debt-to-equity ratio of 0.07.

VOXX International (NASDAQ:VOXX - Get Free Report) last posted its earnings results on Friday, February 7th. The auto parts company reported ($0.38) EPS for the quarter. VOXX International had a negative return on equity of 15.29% and a negative net margin of 18.06%.

VOXX International Profile

VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. It offers automotive security, vehicle access, and remote start modules and systems; smart phone telematics applications; mobile multi-media infotainment products and rear-seat entertainment products, including overhead, seat-back, and headrest systems; rear observation and collision avoidance systems; 360 camera applications; satellite radios comprising plug and play, and direct connect models; cruise control systems; audio products; heated seats; interior lighting solutions; security and shock sensors; turn signal switches; puddle lamps; box lights; harnesses; electric vehicle sound systems; and logo lighting modules.