Angeles Wealth Management LLC Buys Shares of 56,479 Fox Factory Holding Corp. (NASDAQ:FOXF)

Angeles Wealth Management LLC bought a new stake in shares of Fox Factory Holding Corp. (NASDAQ:FOXF - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 56,479 shares of the company's stock, valued at approximately $1,710,000. Angeles Wealth Management LLC owned 0.14% of Fox Factory as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Disciplined Growth Investors Inc. MN purchased a new stake in shares of Fox Factory during the third quarter worth about $5,743,000. Thrivent Financial for Lutherans grew its stake in Fox Factory by 89.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 68,532 shares of the company's stock valued at $2,844,000 after purchasing an additional 32,263 shares in the last quarter. Caprock Group LLC increased its holdings in Fox Factory by 133.7% during the 4th quarter. Caprock Group LLC now owns 22,396 shares of the company's stock worth $678,000 after purchasing an additional 12,813 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Fox Factory by 271.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 190,870 shares of the company's stock valued at $7,921,000 after purchasing an additional 139,512 shares in the last quarter. Finally, Barclays PLC boosted its stake in shares of Fox Factory by 474.7% during the 3rd quarter. Barclays PLC now owns 122,806 shares of the company's stock valued at $5,097,000 after buying an additional 101,437 shares during the last quarter.

Analyst Ratings Changes

A number of analysts recently issued reports on FOXF shares. Roth Mkm dropped their price target on shares of Fox Factory from $45.00 to $36.00 and set a "neutral" rating for the company in a research note on Friday, November 1st. Stifel Nicolaus raised shares of Fox Factory from a "hold" rating to a "buy" rating and set a $40.00 target price for the company in a research report on Wednesday, December 11th. StockNews.com raised shares of Fox Factory from a "sell" rating to a "hold" rating in a research report on Thursday, November 28th. Truist Financial lowered their price objective on Fox Factory from $42.00 to $40.00 and set a "buy" rating for the company in a report on Tuesday, January 7th. Finally, Robert W. Baird reduced their target price on Fox Factory from $45.00 to $38.00 and set a "neutral" rating on the stock in a report on Friday, November 1st. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $40.33.

Fox Factory Stock Performance

FOXF traded up $0.30 on Thursday, hitting $25.70. 419,299 shares of the company's stock were exchanged, compared to its average volume of 464,634. The company has a current ratio of 3.21, a quick ratio of 1.62 and a debt-to-equity ratio of 0.62. The stock has a fifty day moving average of $28.86 and a two-hundred day moving average of $35.15. Fox Factory Holding Corp. has a twelve month low of $25.17 and a twelve month high of $68.85. The firm has a market cap of $1.07 billion, a PE ratio of 98.85, a P/E/G ratio of 1.44 and a beta of 1.58.

Fox Factory Company Profile

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.