7,722 Shares in Fox Factory Holding Corp. $FOXF Acquired by First Bank & Trust

First Bank & Trust bought a new position in shares of Fox Factory Holding Corp. (NASDAQ:FOXF) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,722 shares of the company’s stock, valued at approximately $200,000.

Other hedge funds have also recently bought and sold shares of the company. CWM LLC boosted its position in Fox Factory by 76.2% during the first quarter. CWM LLC now owns 1,341 shares of the company’s stock worth $31,000 after acquiring an additional 580 shares during the last quarter. Versant Capital Management Inc boosted its position in Fox Factory by 142.8% during the first quarter. Versant Capital Management Inc now owns 1,372 shares of the company’s stock worth $32,000 after acquiring an additional 807 shares during the last quarter. GAMMA Investing LLC boosted its position in Fox Factory by 254.1% during the first quarter. GAMMA Investing LLC now owns 1,696 shares of the company’s stock worth $40,000 after acquiring an additional 1,217 shares during the last quarter. First Horizon Advisors Inc. boosted its position in Fox Factory by 113.8% during the first quarter. First Horizon Advisors Inc. now owns 1,950 shares of the company’s stock worth $46,000 after acquiring an additional 1,038 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in Fox Factory by 474.4% during the first quarter. Nisa Investment Advisors LLC now owns 1,993 shares of the company’s stock worth $47,000 after acquiring an additional 1,646 shares during the last quarter.

Fox Factory Price Performance

Shares of FOXF stock opened at $27.00 on Wednesday. The firm has a market cap of $1.13 billion, a P/E ratio of -4.46 and a beta of 1.48. The company has a debt-to-equity ratio of 0.70, a current ratio of 3.03 and a quick ratio of 1.36. Fox Factory Holding Corp. has a 1-year low of $17.95 and a 1-year high of $44.27. The firm has a fifty day moving average of $28.76 and a two-hundred day moving average of $25.71.

Fox Factory (NASDAQ:FOXF) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.03). The company had revenue of $374.86 million for the quarter, compared to analyst estimates of $349.01 million. Fox Factory had a positive return on equity of 5.03% and a negative net margin of 17.50%.Fox Factory’s revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.38 earnings per share. Fox Factory has set its FY 2025 guidance at 1.600-2.000 EPS. Q3 2025 guidance at 0.450-0.650 EPS. As a group, research analysts anticipate that Fox Factory Holding Corp. will post 1.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on FOXF shares. Stifel Nicolaus lifted their price target on shares of Fox Factory from $34.00 to $36.00 and gave the company a “buy” rating in a report on Friday, August 8th. B. Riley reiterated a “neutral” rating and issued a $32.00 price target (up previously from $26.00) on shares of Fox Factory in a report on Friday, August 8th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $33.50.

Fox Factory 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.