Great West Life Assurance Co. Can increased its position in Fox Factory Holding Corp. (NASDAQ:FOXF) by 4.7% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 50,233 shares of the company’s stock after buying an additional 2,250 shares during the period. Great West Life Assurance Co. Can owned 0.13% of Fox Factory Holding Corp. worth $1,788,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of FOXF. LS Investment Advisors LLC boosted its position in shares of Fox Factory Holding Corp. by 261.7% in the first quarter. LS Investment Advisors LLC now owns 3,711 shares of the company’s stock worth $107,000 after buying an additional 2,685 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of Fox Factory Holding Corp. by 22.8% in the first quarter. State of Alaska Department of Revenue now owns 3,830 shares of the company’s stock worth $109,000 after buying an additional 710 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Fox Factory Holding Corp. by 11.3% in the first quarter. Victory Capital Management Inc. now owns 5,003 shares of the company’s stock worth $144,000 after buying an additional 509 shares in the last quarter. BNP Paribas Arbitrage SA boosted its position in shares of Fox Factory Holding Corp. by 16.2% in the first quarter. BNP Paribas Arbitrage SA now owns 6,847 shares of the company’s stock worth $197,000 after buying an additional 955 shares in the last quarter. Finally, Hartford Investment Management Co. acquired a new position in shares of Fox Factory Holding Corp. during the second quarter worth about $205,000. Institutional investors and hedge funds own 96.97% of the company’s stock.

Fox Factory Holding Corp. (NASDAQ:FOXF) opened at 39.80 on Tuesday. The firm has a market capitalization of $1.49 billion, a PE ratio of 31.84 and a beta of 0.69. The stock’s 50 day moving average is $37.68 and its 200-day moving average is $32.01. Fox Factory Holding Corp. has a one year low of $19.65 and a one year high of $39.90.

Fox Factory Holding Corp. (NASDAQ:FOXF) last issued its earnings results on Thursday, August 3rd. The company reported $0.39 EPS for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.03. The firm had revenue of $120.80 million for the quarter, compared to analyst estimates of $117.16 million. Fox Factory Holding Corp. had a return on equity of 29.60% and a net margin of 10.67%. Fox Factory Holding Corp.’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.32 earnings per share. On average, analysts anticipate that Fox Factory Holding Corp. will post $1.50 EPS for the current fiscal year.

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A number of research analysts have recently issued reports on the stock. DA Davidson reiterated a “hold” rating and set a $34.00 price objective on shares of Fox Factory Holding Corp. in a report on Friday, June 30th. Zacks Investment Research cut shares of Fox Factory Holding Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, August 22nd. ValuEngine upgraded shares of Fox Factory Holding Corp. from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Bank of America Corporation cut shares of Fox Factory Holding Corp. from a “buy” rating to a “neutral” rating and set a $38.00 price objective for the company. in a report on Wednesday, July 12th. They noted that the move was a valuation call. Finally, CL King cut shares of Fox Factory Holding Corp. from a “buy” rating to a “neutral” rating in a report on Thursday, June 1st. Five investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $35.50.

In related news, CFO Zvi Glasman sold 10,200 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $39.34, for a total value of $401,268.00. Following the sale, the chief financial officer now owns 82,325 shares in the company, valued at $3,238,665.50. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Wesley E. Allinger sold 8,126 shares of the company’s stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $33.01, for a total value of $268,239.26. Following the completion of the sale, the insider now owns 55,379 shares in the company, valued at approximately $1,828,060.79. The disclosure for this sale can be found here. In the last quarter, insiders sold 81,058 shares of company stock worth $2,936,373. 21.40% of the stock is owned by insiders.

Fox Factory Holding Corp. Company 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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