KAMES CAPITAL plc increased its holdings in Fox Factory Holding Corp (NASDAQ:FOXF) by 80.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 845,467 shares of the company’s stock after buying an additional 376,364 shares during the period. KAMES CAPITAL plc’s holdings in Fox Factory were worth $32,804,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of FOXF. Schwab Charles Investment Management Inc. boosted its holdings in shares of Fox Factory by 59.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 151,194 shares of the company’s stock valued at $5,383,000 after buying an additional 56,538 shares during the period. Rhumbline Advisers boosted its holdings in shares of Fox Factory by 30.7% in the 2nd quarter. Rhumbline Advisers now owns 65,949 shares of the company’s stock valued at $2,348,000 after buying an additional 15,496 shares during the period. SG Americas Securities LLC acquired a new position in shares of Fox Factory in the 2nd quarter valued at about $111,000. Bank of New York Mellon Corp boosted its holdings in shares of Fox Factory by 17.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 576,545 shares of the company’s stock valued at $20,525,000 after buying an additional 86,062 shares during the period. Finally, Legal & General Group Plc boosted its holdings in shares of Fox Factory by 16.2% in the 2nd quarter. Legal & General Group Plc now owns 63,251 shares of the company’s stock valued at $2,249,000 after buying an additional 8,839 shares during the period. 97.78% of the stock is owned by institutional investors and hedge funds.

In other Fox Factory news, CFO Zvi Glasman sold 15,000 shares of the business’s stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $39.72, for a total transaction of $595,800.00. Following the sale, the chief financial officer now directly owns 64,100 shares in the company, valued at approximately $2,546,052. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Larry L. Enterline sold 75,000 shares of the business’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $38.08, for a total transaction of $2,856,000.00. Following the sale, the chief executive officer now owns 124,934 shares in the company, valued at $4,757,486.72. The disclosure for this sale can be found here. Insiders have sold a total of 100,000 shares of company stock valued at $3,845,500 over the last three months. 21.40% of the stock is currently owned by company insiders.

FOXF has been the subject of several research reports. William Blair lowered shares of Fox Factory from an “outperform” rating to a “market perform” rating in a report on Friday, October 13th. BidaskClub lowered shares of Fox Factory from a “sell” rating to a “strong sell” rating in a research note on Thursday. Zacks Investment Research raised shares of Fox Factory from a “hold” rating to a “buy” rating and set a $44.00 target price for the company in a research note on Wednesday, December 6th. Robert W. Baird reissued a “hold” rating and set a $40.00 target price on shares of Fox Factory in a research note on Thursday, September 28th. Finally, SunTrust Banks reissued a “hold” rating and set a $36.00 target price on shares of Fox Factory in a research note on Friday, October 20th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $39.00.

Fox Factory Holding Corp (NASDAQ:FOXF) traded up $1.15 during trading on Friday, reaching $38.85. 356,400 shares of the company’s stock were exchanged, compared to its average volume of 242,837. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.48 and a quick ratio of 1.41. The firm has a market cap of $1,460.00, a price-to-earnings ratio of 29.88, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. Fox Factory Holding Corp has a 52-week low of $25.25 and a 52-week high of $46.80.

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

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About Fox Factory

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

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