Fox Factory Holding Corp. (NASDAQ:FOXF) CFO Zvi Glasman sold 7,150 shares of the stock in a transaction on Monday, August 14th. The stock was sold at an average price of $37.72, for a total value of $269,698.00. Following the sale, the chief financial officer now directly owns 69,185 shares in the company, valued at $2,609,658.20. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Zvi Glasman also recently made the following trade(s):
- On Tuesday, August 8th, Zvi Glasman sold 10,200 shares of Fox Factory Holding Corp. stock. The stock was sold at an average price of $39.34, for a total value of $401,268.00.
- On Thursday, May 18th, Zvi Glasman sold 30,000 shares of Fox Factory Holding Corp. stock. The stock was sold at an average price of $32.96, for a total value of $988,800.00.
Shares of Fox Factory Holding Corp. (NASDAQ:FOXF) opened at 36.95 on Friday. Fox Factory Holding Corp. has a 1-year low of $18.24 and a 1-year high of $39.60. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 29.56 and a beta of 0.69. The company has a 50-day moving average price of $37.28 and a 200 day moving average price of $31.49.
Fox Factory Holding Corp. (NASDAQ:FOXF) last announced its earnings results on Thursday, August 3rd. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.03. The business had revenue of $120.80 million for the quarter, compared to analyst estimates of $117.16 million. Fox Factory Holding Corp. had a return on equity of 29.60% and a net margin of 10.67%. The company’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.32 EPS. On average, equities research analysts predict that Fox Factory Holding Corp. will post $1.50 EPS for the current year.
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A number of institutional investors have recently made changes to their positions in FOXF. BNP Paribas Arbitrage SA boosted its position in Fox Factory Holding Corp. by 16.2% in the first quarter. BNP Paribas Arbitrage SA now owns 6,847 shares of the company’s stock worth $197,000 after buying an additional 955 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Fox Factory Holding Corp. by 64.2% in the first quarter. Bank of New York Mellon Corp now owns 490,483 shares of the company’s stock worth $14,077,000 after buying an additional 191,810 shares during the last quarter. US Bancorp DE boosted its position in Fox Factory Holding Corp. by 13.1% in the first quarter. US Bancorp DE now owns 82,556 shares of the company’s stock worth $2,369,000 after buying an additional 9,563 shares during the last quarter. Great West Life Assurance Co. Can boosted its position in Fox Factory Holding Corp. by 39.1% in the first quarter. Great West Life Assurance Co. Can now owns 47,983 shares of the company’s stock worth $1,374,000 after buying an additional 13,481 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in Fox Factory Holding Corp. by 4.9% in the first quarter. Wells Fargo & Company MN now owns 1,479,874 shares of the company’s stock worth $42,473,000 after buying an additional 69,635 shares during the last quarter. Institutional investors and hedge funds own 96.65% of the company’s stock.
Several analysts recently weighed in on FOXF shares. Zacks Investment Research lowered Fox Factory Holding Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $38.00 price objective (up from $32.00) on shares of Fox Factory Holding Corp. in a research note on Wednesday, August 9th. BidaskClub raised Fox Factory Holding Corp. from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 29th. CL King lowered Fox Factory Holding Corp. from a “buy” rating to a “neutral” rating in a research note on Thursday, June 1st. Finally, Bank of America Corporation lowered Fox Factory Holding Corp. from a “buy” rating to a “neutral” rating and set a $38.00 price objective on the stock. in a research note on Wednesday, July 12th. They noted that the move was a valuation call. Five research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Fox Factory Holding Corp. has a consensus rating of “Buy” and an average price target of $35.17.
About Fox Factory Holding Corp.
Fox Factory Holding Corp. is engaged in the manufacturing, sale and service of ride dynamics products. The Company’s products fall into two categories: bikes, and powered vehicles, including side-by-sides, on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles (ATVs), snowmobiles, specialty vehicles and applications, and motorcycles.
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