Fox Factory Holding Corp (NASDAQ:FOXF) CEO Larry L. Enterline sold 75,000 shares of Fox Factory stock in a transaction on 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 transaction, the chief executive officer now directly owns 124,934 shares of the company’s stock, valued at approximately $4,757,486.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Fox Factory Holding Corp (FOXF) opened at $39.30 on Thursday. Fox Factory Holding Corp has a 52 week low of $25.25 and a 52 week high of $46.80. The company has a quick ratio of 1.41, a current ratio of 2.48 and a debt-to-equity ratio of 0.26. The firm has a market cap of $1,458.51, a price-to-earnings ratio of 25.56, a price-to-earnings-growth ratio of 1.73 and a beta of 0.62.
Fox Factory (NASDAQ:FOXF) last posted its quarterly earnings results on Wednesday, November 1st. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.02. Fox Factory had a net margin of 10.76% and a return on equity of 28.25%. The firm had revenue of $127.40 million during the quarter, compared to the consensus estimate of $123.02 million. During the same period in the previous year, the firm posted $0.44 earnings per share. The business’s revenue was up 16.9% compared to the same quarter last year. equities research analysts predict that Fox Factory Holding Corp will post 1.53 EPS for the current year.
Institutional investors and hedge funds have recently bought and sold shares of the business. Ameritas Investment Partners Inc. increased its stake in Fox Factory by 76.4% in the second quarter. Ameritas Investment Partners Inc. now owns 3,076 shares of the company’s stock valued at $110,000 after purchasing an additional 1,332 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Fox Factory during the second quarter valued at about $111,000. Paradigm Asset Management Co. LLC acquired a new position in shares of Fox Factory during the second quarter valued at about $160,000. Pinebridge Investments L.P. grew its holdings in shares of Fox Factory by 20.5% during the second quarter. Pinebridge Investments L.P. now owns 4,564 shares of the company’s stock valued at $163,000 after buying an additional 778 shares during the last quarter. Finally, Amalgamated Bank acquired a new position in shares of Fox Factory during the third quarter valued at about $209,000. 97.78% of the stock is owned by hedge funds and other institutional investors.
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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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