30,162 Shares in Fox Factory Holding Corp. (NASDAQ:FOXF) Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new stake in shares of Fox Factory Holding Corp. (NASDAQ:FOXF - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 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 SEC filing.

Several other large investors have also made changes to their positions in FOXF. KLP Kapitalforvaltning AS bought a new stake in Fox Factory during the 4th quarter valued at approximately $230,000. American Century Companies Inc. boosted its position in shares of Fox Factory by 48.5% during the fourth quarter. American Century Companies Inc. now owns 29,156 shares of the company's stock worth $883,000 after acquiring an additional 9,522 shares during the last quarter. Quantbot Technologies LP purchased a new position in Fox Factory during the fourth quarter valued at $1,800,000. Magnetar Financial LLC purchased a new stake in Fox Factory in the 4th quarter worth $206,000. Finally, Intech Investment Management LLC boosted its holdings in shares of Fox Factory by 58.6% during the 4th quarter. Intech Investment Management LLC now owns 20,659 shares of the company's stock valued at $625,000 after purchasing an additional 7,631 shares during the last quarter.

Fox Factory Stock Down 1.2 %

Fox Factory stock traded down $0.31 during trading hours on Tuesday, reaching $25.47. The stock had a trading volume of 528,136 shares, compared to its average volume of 552,047. Fox Factory Holding Corp. has a 52 week low of $23.91 and a 52 week high of $54.85. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 97.97, a PEG ratio of 1.45 and a beta of 1.65. 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 business's 50 day moving average price is $26.64 and its 200-day moving average price is $32.00.

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Fox Factory (NASDAQ:FOXF - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.29 by $0.02. The firm had revenue of $352.84 million during the quarter, compared to analyst estimates of $321.31 million. Fox Factory had a net margin of 0.78% and a return on equity of 5.23%. Sell-side analysts anticipate that Fox Factory Holding Corp. will post 1.31 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on FOXF shares. Jefferies Financial Group decreased their price target on shares of Fox Factory from $45.00 to $38.00 and set a "buy" rating on the stock in a research note on Friday, February 28th. Stifel Nicolaus upgraded shares of Fox Factory from a "hold" rating to a "buy" rating and set a $40.00 price target on the stock in a report on Wednesday, December 11th. StockNews.com upgraded Fox Factory from a "sell" rating to a "hold" rating in a research note on Thursday, November 28th. Truist Financial lowered their target price on shares of Fox Factory from $42.00 to $40.00 and set a "buy" rating for the company in a research note on Tuesday, January 7th. Finally, Robert W. Baird reduced 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 note on Friday, February 28th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Fox Factory currently has a consensus rating of "Hold" and an average target price of $39.14.

About Fox Factory

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.