Virginia Retirement Systems ET AL lowered its position in shares of Fox Factory Holding Corp. (NASDAQ:FOXF) by 54.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,000 shares of the company’s stock after selling 7,100 shares during the period. Virginia Retirement Systems ET AL’s holdings in Fox Factory Holding Corp. were worth $214,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of FOXF. Teachers Advisors LLC increased its position in shares of Fox Factory Holding Corp. by 2.7% during the fourth quarter. Teachers Advisors LLC now owns 38,743 shares of the company’s stock worth $1,075,000 after purchasing an additional 1,019 shares in the last quarter. Bank of Montreal Can increased its position in shares of Fox Factory Holding Corp. by 2.9% during the first quarter. Bank of Montreal Can now owns 8,510 shares of the company’s stock worth $244,000 after purchasing an additional 242 shares in the last quarter. Louisiana State Employees Retirement System increased its position in shares of Fox Factory Holding Corp. by 21.6% during the first quarter. Louisiana State Employees Retirement System now owns 14,100 shares of the company’s stock worth $405,000 after purchasing an additional 2,500 shares in the last quarter. State of Alaska Department of Revenue increased its position in shares of Fox Factory Holding Corp. by 22.8% during the first quarter. State of Alaska Department of Revenue now owns 3,830 shares of the company’s stock worth $109,000 after purchasing an additional 710 shares in the last quarter. Finally, BB&T Corp grew its holdings in shares of Fox Factory Holding Corp. by 4.6% during the first quarter. BB&T Corp now owns 10,260 shares of the company’s stock worth $294,000 after buying an additional 455 shares during the last quarter. Institutional investors and hedge funds own 97.03% of the company’s stock.

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A number of equities analysts recently issued reports on the company. Bank of America Corporation lowered Fox Factory Holding Corp. from a “buy” rating to a “neutral” rating and set a $38.00 price target on the stock. in a report on Wednesday, July 12th. They noted that the move was a valuation call. DA Davidson reissued a “hold” rating and set a $34.00 price target on shares of Fox Factory Holding Corp. in a report on Friday, June 30th. ValuEngine raised Fox Factory Holding Corp. from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research lowered Fox Factory Holding Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, August 22nd. Finally, Stifel Nicolaus reissued a “hold” rating and set a $38.00 price target (up previously from $32.00) on shares of Fox Factory Holding Corp. in a report on Wednesday, August 9th. Five investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $35.67.

Fox Factory Holding Corp. (NASDAQ FOXF) opened at 40.75 on Wednesday. Fox Factory Holding Corp. has a 12-month low of $19.65 and a 12-month high of $40.75. The company’s 50 day moving average price is $38.46 and its 200-day moving average price is $32.97. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of 32.60 and a beta of 0.68.

Fox Factory Holding Corp. (NASDAQ:FOXF) last released its quarterly earnings data on Thursday, August 3rd. The company reported $0.39 earnings per share for the quarter, topping the 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 net margin of 10.67% and a return on equity of 29.60%. Fox Factory Holding Corp.’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.32 earnings per share. On average, analysts forecast that Fox Factory Holding Corp. will post $1.50 EPS for the current year.

In related news, CFO Zvi Glasman sold 15,500 shares of the stock in a transaction dated Friday, August 18th. The shares were sold at an average price of $37.65, for a total transaction of $583,575.00. Following the sale, the chief financial officer now owns 59,100 shares in the company, valued at $2,225,115. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Carl Nichols sold 6,503 shares of the stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $37.89, for a total transaction of $246,398.67. Following the sale, the director now owns 36,410 shares in the company, valued at approximately $1,379,574.90. The disclosure for this sale can be found here. In the last quarter, insiders have sold 52,159 shares of company stock worth $1,985,742. 21.40% of the stock is owned by company 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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