Royce & Associates LP decreased its stake in shares of VOXX International Corporation (NASDAQ:VOXX) by 1.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,791,573 shares of the auto parts company’s stock after selling 23,902 shares during the period. Royce & Associates LP owned approximately 7.42% of VOXX International Corporation worth $14,691,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Acadian Asset Management LLC raised its position in shares of VOXX International Corporation by 31.7% in the first quarter. Acadian Asset Management LLC now owns 105,201 shares of the auto parts company’s stock valued at $549,000 after buying an additional 25,311 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of VOXX International Corporation by 1,387.4% in the first quarter. Wells Fargo & Company MN now owns 65,075 shares of the auto parts company’s stock valued at $338,000 after buying an additional 60,700 shares in the last quarter. Algert Global LLC raised its position in shares of VOXX International Corporation by 5.0% in the first quarter. Algert Global LLC now owns 314,776 shares of the auto parts company’s stock valued at $1,637,000 after buying an additional 15,094 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of VOXX International Corporation by 2.4% in the first quarter. Bank of New York Mellon Corp now owns 27,847 shares of the auto parts company’s stock valued at $144,000 after buying an additional 640 shares in the last quarter. Finally, Kahn Brothers Group Inc. DE raised its position in shares of VOXX International Corporation by 1.0% in the first quarter. Kahn Brothers Group Inc. DE now owns 1,763,561 shares of the auto parts company’s stock valued at $9,171,000 after buying an additional 17,700 shares in the last quarter. 59.04% of the stock is currently owned by institutional investors.

VOXX International Corporation (NASDAQ:VOXX) opened at 8.10 on Friday. VOXX International Corporation has a one year low of $2.50 and a one year high of $9.00. The firm has a market capitalization of $195.70 million, a price-to-earnings ratio of 35.22 and a beta of 0.93. The stock has a 50 day moving average price of $7.11 and a 200-day moving average price of $6.26.

VOXX International Corporation (NASDAQ:VOXX) last announced its quarterly earnings results on Monday, July 10th. The auto parts company reported ($0.13) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.07) by $0.06. The business had revenue of $159.10 million for the quarter, compared to analysts’ expectations of $156 million. VOXX International Corporation had a return on equity of 1.45% and a net margin of 0.83%. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period last year, the firm earned ($0.18) earnings per share. On average, analysts predict that VOXX International Corporation will post $0.25 earnings per share for the current fiscal year.

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VOXX has been the topic of several recent analyst reports. Zacks Investment Research raised VOXX International Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, May 11th. Cowen and Company reaffirmed a “market perform” rating and set a $6.00 target price (up from $4.00) on shares of VOXX International Corporation in a research report on Wednesday, May 17th. Finally, TheStreet raised VOXX International Corporation from a “d” rating to a “c-” rating in a report on Wednesday, May 17th.

About VOXX International Corporation

VOXX International Corporation is an international manufacturer and distributor in the automotive, audio and consumer accessories industries. The Company’s segments include Automotive, Premium Audio and Consumer Accessories. The Automotive segment designs, manufactures, distributes and markets rear-seat entertainment devices, satellite radio products, remote start systems, digital television tuners, mobile antennas, mobile multimedia devices, car link-smartphone telematics application, collision avoidance systems and others.

Institutional Ownership by Quarter for VOXX International Corporation (NASDAQ:VOXX)

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