Acadian Asset Management LLC lowered its position in shares of VOXX International Corporation (NASDAQ:VOXX) by 4.8% during the second quarter, Holdings Channel reports. The firm owned 100,191 shares of the auto parts company’s stock after selling 5,010 shares during the period. Acadian Asset Management LLC’s holdings in VOXX International Corporation were worth $821,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Bank of New York Mellon Corp boosted 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 worth $144,000 after buying an additional 640 shares during the period. Brandes Investment Partners LP boosted its position in shares of VOXX International Corporation by 12.8% in the first quarter. Brandes Investment Partners LP now owns 42,617 shares of the auto parts company’s stock worth $222,000 after buying an additional 4,833 shares during the period. UBS Group AG boosted its position in shares of VOXX International Corporation by 45.9% in the first quarter. UBS Group AG now owns 24,853 shares of the auto parts company’s stock worth $129,000 after buying an additional 7,814 shares during the period. Algert Global LLC boosted 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 worth $1,637,000 after buying an additional 15,094 shares during the period. Finally, Kahn Brothers Group Inc. DE boosted 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 worth $9,171,000 after buying an additional 17,700 shares during the period. Institutional investors own 51.80% of the company’s stock.

Shares of VOXX International Corporation (NASDAQ VOXX) traded up 0.70% during trading on Friday, hitting $7.15. The stock had a trading volume of 166,548 shares. The stock has a 50-day moving average of $7.34 and a 200 day moving average of $5.92. The firm has a market cap of $172.74 million, a price-to-earnings ratio of 31.09 and a beta of 0.93. VOXX International Corporation has a 12-month low of $2.50 and a 12-month high of $9.00.

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

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Several equities analysts have recently issued reports on the company. TheStreet upgraded VOXX International Corporation from a “d” rating to a “c-” rating in a research note on Wednesday, May 17th. Cowen and Company reiterated a “market perform” rating and issued a $6.00 price objective (up previously from $4.00) on shares of VOXX International Corporation in a research note on Wednesday, May 17th. Finally, Zacks Investment Research cut VOXX International Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th.

VOXX International Corporation Company Profile

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.

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

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