VOXX International (NASDAQ:VOXX) Stock Crosses Above 200 Day Moving Average - Time to Sell?

Shares of VOXX International Co. (NASDAQ:VOXX - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.72 and traded as high as $8.00. VOXX International shares last traded at $7.90, with a volume of 123,845 shares traded.

Analyst Upgrades and Downgrades

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

VOXX International Price Performance

The business has a fifty day moving average price of $6.61 and a 200-day moving average price of $4.72. The company has a quick ratio of 1.05, a current ratio of 2.10 and a debt-to-equity ratio of 0.20.

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

Insiders Place Their Bets

In other VOXX International news, major shareholder Corp Gentex purchased 3,152,500 shares of the stock in a transaction dated Friday, August 23rd. The stock was acquired at an average cost of $5.00 per share, for a total transaction of $15,762,500.00. Following the acquisition, the insider now owns 6,463,808 shares in the company, valued at $32,319,040. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other VOXX International news, major shareholder Corp Gentex acquired 3,152,500 shares of the company's stock in a transaction that occurred on Friday, August 23rd. The shares were purchased at an average price of $5.00 per share, with a total value of $15,762,500.00. Following the completion of the acquisition, the insider now directly owns 6,463,808 shares of the company's stock, valued at approximately $32,319,040. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Beat Kahli sold 20,000 shares of the stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $5.00, for a total value of $100,000.00. The disclosure for this sale can be found here. Insiders own 49.81% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Well Done LLC boosted its holdings in shares of 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 worth $41,110,000 after acquiring an additional 3,152,500 shares in the last quarter. Renaissance Technologies LLC increased its holdings in shares of VOXX International by 6.3% during the second quarter. Renaissance Technologies LLC now owns 421,826 shares of the auto parts company's stock worth $1,333,000 after purchasing an additional 25,000 shares during the period. Acuitas Investments LLC bought a new position in VOXX International in the second quarter valued at approximately $855,000. Empowered Funds LLC lifted its holdings in shares of VOXX International by 40.7% during the third quarter. Empowered Funds LLC now owns 100,172 shares of the auto parts company's stock worth $637,000 after purchasing an additional 28,982 shares during the period. Finally, Marquette Asset Management LLC lifted its holdings in VOXX International by 60.0% in the third quarter. Marquette Asset Management LLC now owns 78,176 shares of the auto parts company's stock valued at $497,000 after buying an additional 29,326 shares during the period. Hedge funds and other institutional investors own 71.00% of the company's stock.

About VOXX International

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.