Dynamic Technology Lab Private Ltd acquired a new position in Fox Factory Holding Corp. (NASDAQ:FOXF) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,356 shares of the company’s stock, valued at approximately $211,000.

Several other large investors have also recently modified their holdings of FOXF. Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of Fox Factory Holding Corp. by 57.0% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 5,522,203 shares of the company’s stock worth $158,487,000 after buying an additional 2,005,628 shares during the last quarter. Foresters Investment Management Company Inc. boosted its stake in shares of Fox Factory Holding Corp. by 51.7% in the fourth quarter. Foresters Investment Management Company Inc. now owns 701,600 shares of the company’s stock worth $19,119,000 after buying an additional 239,100 shares during the last quarter. Aberdeen Asset Management PLC UK boosted its stake in shares of Fox Factory Holding Corp. by 17.0% in the first quarter. Aberdeen Asset Management PLC UK now owns 1,397,730 shares of the company’s stock worth $40,114,000 after buying an additional 203,425 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of 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. Finally, Conestoga Capital Advisors LLC boosted its stake in shares of Fox Factory Holding Corp. by 14.2% in the first quarter. Conestoga Capital Advisors LLC now owns 1,483,861 shares of the company’s stock worth $42,587,000 after buying an additional 184,991 shares during the last quarter. 95.80% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Fox Factory Holding Corp. (NASDAQ:FOXF)

Shares of Fox Factory Holding Corp. (NASDAQ FOXF) opened at 32.70 on Friday. Fox Factory Holding Corp. has a 1-year low of $16.28 and a 1-year high of $34.00. The company has a 50-day moving average of $32.35 and a 200-day moving average of $28.51. The firm has a market cap of $1.22 billion, a PE ratio of 29.20 and a beta of 0.68.

Fox Factory Holding Corp. (NASDAQ:FOXF) last released its quarterly earnings data on Wednesday, May 3rd. The company reported $0.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.08. The firm had revenue of $106.33 million during the quarter, compared to analysts’ expectations of $97.31 million. Fox Factory Holding Corp. had a return on equity of 30.07% and a net margin of 10.01%. Analysts predict that Fox Factory Holding Corp. will post $1.44 earnings per share for the current fiscal year.

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A number of equities research analysts have recently commented on FOXF shares. Zacks Investment Research cut shares of Fox Factory Holding Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, February 28th. DA Davidson cut shares of Fox Factory Holding Corp. from a “buy” rating to a “neutral” rating and set a $34.00 price objective on the stock. in a research note on Wednesday, May 17th. CL King cut shares of Fox Factory Holding Corp. from a “buy” rating to a “neutral” rating in a research note on Thursday, June 1st. Jefferies Group LLC reaffirmed a “buy” rating and set a $32.00 price objective on shares of Fox Factory Holding Corp. in a research note on Thursday, March 2nd. Finally, ValuEngine raised shares of Fox Factory Holding Corp. from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $29.83.

In other Fox Factory Holding Corp. news, SVP William H. Katherman sold 11,878 shares of the stock in a transaction on Friday, May 19th. The stock was sold at an average price of $33.01, for a total value of $392,092.78. Following the completion of the transaction, the senior vice president now owns 18,000 shares in the company, valued at $594,180. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert (Bob) Fox, Jr. sold 465,657 shares of the stock in a transaction on Monday, March 20th. The stock was sold at an average price of $26.65, for a total value of $12,409,759.05. Following the completion of the transaction, the director now owns 1,000,000 shares of the company’s stock, valued at approximately $26,650,000. The disclosure for this sale can be found here. Insiders sold 681,827 shares of company stock valued at $19,430,740 in the last quarter. 21.40% of the stock is currently owned by company insiders.

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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