SG Americas Securities LLC Makes New Investment in Fox Factory Holding Corp. (NASDAQ:FOXF)

SG Americas Securities LLC bought a new position in shares of Fox Factory Holding Corp. (NASDAQ:FOXF - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 17,988 shares of the company's stock, valued at approximately $544,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Assenagon Asset Management S.A. raised its holdings in shares of Fox Factory by 595.6% in the 4th 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 in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Fox Factory by 271.6% in the third quarter. JPMorgan Chase & Co. now owns 190,870 shares of the company's stock valued at $7,921,000 after buying an additional 139,512 shares in the last quarter. Disciplined Growth Investors Inc. MN bought a new stake in shares of Fox Factory during the 3rd quarter worth $5,743,000. ArrowMark Colorado Holdings LLC grew its holdings in shares of Fox Factory by 15.9% in the 3rd 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 during the last quarter. Finally, Barclays PLC raised its position in shares of Fox Factory by 474.7% during the third quarter. Barclays PLC now owns 122,806 shares of the company's stock worth $5,097,000 after purchasing an additional 101,437 shares during the period.

Fox Factory Stock Up 3.6 %

Shares of Fox Factory stock traded up $0.94 on Tuesday, hitting $26.85. 548,533 shares of the company traded hands, compared to its average volume of 444,806. Fox Factory Holding Corp. has a 12-month low of $25.59 and a 12-month high of $69.46. 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 company has a market cap of $1.12 billion, a PE ratio of 103.27, a PEG ratio of 1.50 and a beta of 1.58. The company has a 50-day moving average price of $29.70 and a 200 day moving average price of $36.08.

Analyst Ratings Changes

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

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.