Fox Run Management L.L.C. acquired a new position in shares of Fox Factory Holding Corp. (NASDAQ:FOXF - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 30,162 shares of the company's stock, valued at approximately $913,000. Fox Run Management L.L.C. owned 0.07% of Fox Factory as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. William Blair Investment Management LLC grew its holdings in shares of Fox Factory by 17.1% in the 4th quarter. William Blair Investment Management LLC now owns 2,983,482 shares of the company's stock worth $90,310,000 after purchasing an additional 434,998 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Fox Factory by 595.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 247,435 shares of the company's stock worth $7,490,000 after purchasing an additional 211,864 shares during the period. JPMorgan Chase & Co. increased its stake 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 acquiring an additional 139,512 shares during the last quarter. Disciplined Growth Investors Inc. MN bought a new stake in Fox Factory in the third quarter valued at approximately $5,743,000. Finally, ArrowMark Colorado Holdings LLC lifted its holdings in Fox Factory by 15.9% during the third quarter. ArrowMark Colorado Holdings LLC now owns 927,006 shares of the company's stock worth $38,471,000 after acquiring an additional 127,187 shares in the last quarter.
Fox Factory Stock Performance
FOXF traded down $0.42 during trading on Thursday, hitting $25.74. The stock had a trading volume of 382,243 shares, compared to its average volume of 626,835. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.21 and a quick ratio of 1.62. The firm has a market cap of $1.07 billion, a price-to-earnings ratio of 99.00, a P/E/G ratio of 1.45 and a beta of 1.65. The company has a 50 day moving average price of $26.50 and a 200-day moving average price of $31.82. Fox Factory Holding Corp. has a one year low of $23.91 and a one year high of $54.86.
Fox Factory (NASDAQ:FOXF - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.02. Fox Factory had a return on equity of 5.23% and a net margin of 0.78%. The business had revenue of $352.84 million during the quarter, compared to the consensus estimate of $321.31 million. As a group, research analysts predict that Fox Factory Holding Corp. will post 1.31 EPS for the current year.
Analysts Set New Price Targets
FOXF has been the topic of several research reports. Jefferies Financial Group cut their price objective on shares of Fox Factory from $45.00 to $38.00 and set a "buy" rating on the stock in a research report on Friday, February 28th. Truist Financial dropped their target price on Fox Factory from $42.00 to $40.00 and set a "buy" rating on the stock in a report on Tuesday, January 7th. Robert W. Baird dropped their price target on shares of Fox Factory from $38.00 to $32.00 and set a "neutral" rating on the stock in a research report on Friday, February 28th. Stifel Nicolaus raised shares of Fox Factory from a "hold" rating to a "buy" rating and set a $40.00 price objective for the company in a research report on Wednesday, December 11th. Finally, StockNews.com raised shares of Fox Factory from a "sell" rating to a "hold" rating in a report on Thursday, November 28th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, Fox Factory presently has a consensus rating of "Hold" and an average price target of $39.14.
Read Our Latest Stock Analysis on Fox Factory
About Fox Factory
(
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.
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