Geneva Capital Management LLC Has $15.68 Million Position in Fox Factory Holding Corp. (NASDAQ:FOXF)

Geneva Capital Management LLC reduced its holdings in Fox Factory Holding Corp. (NASDAQ:FOXF - Free Report) by 5.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 517,952 shares of the company's stock after selling 28,615 shares during the quarter. Geneva Capital Management LLC owned approximately 1.24% of Fox Factory worth $15,678,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. KBC Group NV boosted its stake in Fox Factory by 36.5% in the third quarter. KBC Group NV now owns 1,377 shares of the company's stock worth $57,000 after purchasing an additional 368 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of Fox Factory by 23.8% in the third quarter. HighTower Advisors LLC now owns 5,880 shares of the company's stock valued at $243,000 after buying an additional 1,131 shares during the last quarter. D.B. Root & Company LLC lifted its position in Fox Factory by 24.7% during the 3rd quarter. D.B. Root & Company LLC now owns 6,060 shares of the company's stock worth $251,000 after buying an additional 1,199 shares in the last quarter. Diversify Wealth Management LLC grew its holdings in Fox Factory by 10.1% during the 4th quarter. Diversify Wealth Management LLC now owns 7,443 shares of the company's stock worth $207,000 after acquiring an additional 680 shares during the last quarter. Finally, FMR LLC grew its holdings in Fox Factory by 65.8% during the 3rd quarter. FMR LLC now owns 7,674 shares of the company's stock worth $318,000 after acquiring an additional 3,045 shares during the last quarter.

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Fox Factory Trading Up 1.5 %

NASDAQ FOXF traded up $0.39 on Monday, reaching $26.55. The company had a trading volume of 621,377 shares, compared to its average volume of 623,950. Fox Factory Holding Corp. has a 52 week low of $25.17 and a 52 week high of $54.86. The stock's 50 day moving average is $27.57 and its 200-day moving average is $33.16. The company has a quick ratio of 1.62, a current ratio of 3.21 and a debt-to-equity ratio of 0.62. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 102.12, a PEG ratio of 1.45 and a beta of 1.65.

Fox Factory (NASDAQ:FOXF - Get Free Report) last announced 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 company had revenue of $352.84 million during the quarter, compared to analysts' expectations of $321.31 million. Equities analysts predict that Fox Factory Holding Corp. will post 1.31 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Jefferies Financial Group reduced their target price 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. Robert W. Baird reduced their price objective on Fox Factory from $38.00 to $32.00 and set a "neutral" rating on the stock in a report on Friday, February 28th. StockNews.com upgraded Fox Factory from a "sell" rating to a "hold" rating in a research report on Thursday, November 28th. Truist Financial dropped their target price on Fox Factory from $42.00 to $40.00 and set a "buy" rating for the company in a research report on Tuesday, January 7th. Finally, Stifel Nicolaus upgraded 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. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target 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.