Tenzing Global Management LLC Buys New Holdings in VOXX International Co. (NASDAQ:VOXX)

Tenzing Global Management LLC acquired a new position in shares of VOXX International Co. (NASDAQ:VOXX - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 975,000 shares of the auto parts company's stock, valued at approximately $6,201,000. VOXX International accounts for approximately 4.4% of Tenzing Global Management LLC's portfolio, making the stock its 8th largest position. Tenzing Global Management LLC owned approximately 4.33% of VOXX International as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Well Done LLC increased its stake in VOXX International by 95.2% in the 3rd quarter. Well Done LLC now owns 6,463,808 shares of the auto parts company's stock valued at $41,110,000 after purchasing an additional 3,152,500 shares in the last quarter. Acuitas Investments LLC acquired a new position in shares of VOXX International during the 2nd quarter worth $855,000. Squarepoint Ops LLC purchased a new stake in shares of VOXX International in the 2nd quarter worth about $130,000. Marquette Asset Management LLC grew its stake in VOXX International by 60.0% in the 3rd quarter. Marquette Asset Management LLC now owns 78,176 shares of the auto parts company's stock valued at $497,000 after acquiring an additional 29,326 shares during the last quarter. Finally, Empowered Funds LLC increased its holdings in VOXX International by 40.7% during the 3rd quarter. Empowered Funds LLC now owns 100,172 shares of the auto parts company's stock valued at $637,000 after acquiring an additional 28,982 shares in the last quarter. Hedge funds and other institutional investors own 71.00% of the company's stock.

VOXX International Stock Down 0.5 %

NASDAQ:VOXX traded down $0.04 on Friday, reaching $7.24. The stock had a trading volume of 27,891 shares, compared to its average volume of 834,745. VOXX International Co. has a 12-month low of $2.27 and a 12-month high of $11.74. The firm's fifty day moving average is $7.23 and its two-hundred day moving average is $4.95. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.10 and a quick ratio of 1.05.

VOXX International (NASDAQ:VOXX - Get Free Report) last announced its quarterly earnings data on Thursday, October 10th. The auto parts company reported $0.10 earnings per share (EPS) for the quarter. VOXX International had a negative net margin of 6.06% and a negative return on equity of 9.88%. The business had revenue of $92.49 million for the quarter.

Analysts Set New Price Targets

Separately, StockNews.com raised VOXX International from a "sell" rating to a "hold" rating in a research note on Monday, October 14th.

VOXX International Profile

VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. It offers automotive security, vehicle access, and remote start modules and systems; smart phone telematics applications; mobile multi-media infotainment products and rear-seat entertainment products, including overhead, seat-back, and headrest systems; rear observation and collision avoidance systems; 360 camera applications; satellite radios comprising plug and play, and direct connect models; cruise control systems; audio products; heated seats; interior lighting solutions; security and shock sensors; turn signal switches; puddle lamps; box lights; harnesses; electric vehicle sound systems; and logo lighting modules.