Voya Investment Management LLC boosted its stake in Fox Factory Holding Corp. (NASDAQ:FOXF) by 90.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,233 shares of the company’s stock after purchasing an additional 7,704 shares during the quarter. Voya Investment Management LLC’s holdings in Fox Factory Holding Corp. were worth $578,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in FOXF. BlackRock Inc. lifted its stake in Fox Factory Holding Corp. by 125,617.7% in the 1st quarter. BlackRock Inc. now owns 3,522,611 shares of the company’s stock worth $101,099,000 after purchasing an additional 3,519,809 shares in the last quarter. Peregrine Capital Management LLC purchased a new stake in Fox Factory Holding Corp. in the 2nd quarter worth $19,214,000. Kayne Anderson Rudnick Investment Management LLC lifted its stake in Fox Factory Holding Corp. by 7.3% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 5,926,907 shares of the company’s stock worth $210,998,000 after purchasing an additional 404,704 shares in the last quarter. Vanguard Group Inc. lifted its stake in Fox Factory Holding Corp. by 28.5% in the 1st quarter. Vanguard Group Inc. now owns 1,679,239 shares of the company’s stock worth $48,194,000 after purchasing an additional 372,551 shares in the last quarter. Finally, Neuberger Berman Group LLC lifted its stake in Fox Factory Holding Corp. by 786.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 398,346 shares of the company’s stock worth $14,181,000 after purchasing an additional 353,427 shares in the last quarter. Institutional investors and hedge funds own 96.64% of the company’s stock.

Fox Factory Holding Corp. (FOXF) opened at $40.28 on Friday. The company has a market cap of $1.51 billion, a PE ratio of 26.46, a P/E/G ratio of 1.84 and a beta of 0.68. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.27 and a current ratio of 2.48.

Fox Factory Holding Corp. (NASDAQ:FOXF) last issued its quarterly earnings results on Wednesday, November 1st. The company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.02. Fox Factory Holding Corp. had a return on equity of 28.25% and a net margin of 10.76%. The company had revenue of $127.40 million during the quarter, compared to analyst estimates of $123.02 million. During the same period in the previous year, the company earned $0.44 earnings per share. The company’s quarterly revenue was up 16.9% compared to the same quarter last year. equities analysts expect that Fox Factory Holding Corp. will post 1.53 EPS for the current fiscal year.

Several brokerages have commented on FOXF. Zacks Investment Research cut shares of Fox Factory Holding Corp. from a “buy” rating to a “hold” rating in a research note on Friday, October 20th. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $36.00 price target on shares of Fox Factory Holding Corp. in a research note on Friday, October 20th. William Blair cut shares of Fox Factory Holding Corp. from an “outperform” rating to a “market perform” rating in a research note on Friday, October 13th. ValuEngine cut shares of Fox Factory Holding Corp. from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, Robert W. Baird restated a “hold” rating and set a $40.00 target price on shares of Fox Factory Holding Corp. in a research report on Thursday, September 28th. Nine research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $39.29.

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In other Fox Factory Holding Corp. news, SVP William H. Katherman sold 18,580 shares of the company’s stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $42.01, for a total value of $780,545.80. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP William H. Katherman sold 2,356 shares of the company’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of $36.95, for a total value of $87,054.20. Following the completion of the sale, the senior vice president now owns 32,750 shares in the company, valued at $1,210,112.50. The disclosure for this sale can be found here. Insiders sold 70,739 shares of company stock valued at $2,766,288 over the last 90 days. 21.40% of the stock is currently owned by corporate insiders.

Fox Factory Holding Corp. Profile

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.

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

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