Denise W. Gibson Purchases 32,100 Shares of Voxx International Corp. (VOXX) Stock
Voxx International Corp. (NASDAQ:VOXX) Director Denise W. Gibson bought 32,100 shares of the company’s stock in a transaction dated Friday, September 16th. The stock was bought at an average price of $3.13 per share, for a total transaction of $100,473.00. Following the acquisition, the director now directly owns 20,400 shares of the company’s stock, valued at $63,852. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Voxx International Corp. (NASDAQ:VOXX) opened at 3.10 on Thursday. The company’s market capitalization is $74.90 million. Voxx International Corp. has a one year low of $2.47 and a one year high of $8.04. The company’s 50-day moving average price is $2.98 and its 200-day moving average price is $3.49.
Voxx International Corp. (NASDAQ:VOXX) last released its quarterly earnings results on Monday, July 11th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by $0.08. The business had revenue of $155.50 million for the quarter. Voxx International Corp. had a negative net margin of 0.93% and a positive return on equity of 0.78%. Voxx International Corp.’s revenue was down 5.4% compared to the same quarter last year. During the same period last year, the firm earned ($0.03) earnings per share. On average, equities research analysts predict that Voxx International Corp. will post $0.26 earnings per share for the current year.
Separately, Zacks Investment Research upgraded Voxx International Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, July 13th.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VOXX. Springbok Capital Management LLC raised its position in Voxx International Corp. by 12.3% in the first quarter. Springbok Capital Management LLC now owns 27,390 shares of the company’s stock worth $122,000 after buying an additional 2,990 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. raised its position in Voxx International Corp. by 28.4% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 47,500 shares of the company’s stock worth $133,000 after buying an additional 10,500 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in Voxx International Corp. by 95.7% in the second quarter. Oppenheimer & Co. Inc. now owns 54,800 shares of the company’s stock worth $153,000 after buying an additional 26,800 shares during the last quarter. Paloma Partners Management Co acquired a new position in Voxx International Corp. during the second quarter worth approximately $243,000. Finally, Renaissance Technologies LLC raised its position in Voxx International Corp. by 307.5% in the first quarter. Renaissance Technologies LLC now owns 59,900 shares of the company’s stock worth $268,000 after buying an additional 45,200 shares during the last quarter. 60.50% of the stock is owned by institutional investors and hedge funds.
About Voxx International Corp.
VOXX International Corporation (Voxx) is an international manufacturer and distributor in the automotive, audio and consumer accessories industries. The Company operates in three segments, which include Automotive, Premium Audio and Consumer Accessories. The Automotive segment designs, manufactures, distributes and markets rear-seat entertainment devices, satellite radio products, automotive security, remote start systems, digital television tuners, mobile antennas, mobile multimedia devices and aftermarket/OE-styled radios, among others.
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