Insider Selling: Charles Stoehr Unloads 1,300 Shares of VOXX International Corp. Stock (VOXX)
VOXX International Corp. (NASDAQ:VOXX) CFO Charles Stoehr unloaded 1,300 shares of the company’s stock on the open market in a transaction dated Friday, October 4th. The shares were sold at an average price of $14.00, for a total value of $18,200.00. Following the sale, the chief financial officer now directly owns 10,354 shares of the company’s stock, valued at approximately $144,956. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
VOXX International Corp. (NASDAQ:VOXX) traded down 2.42% during mid-day trading on Tuesday, hitting $13.30. The stock had a trading volume of 55,368 shares. VOXX International Corp. has a 52 week low of $5.55 and a 52 week high of $15.00. The stock has a 50-day moving average of $13.08 and a 200-day moving average of $11.96. The company has a market cap of $319.5 million and a P/E ratio of 11.08.
VOXX International Corp. (NASDAQ:VOXX) last announced its earnings results on Wednesday, July 10th. The company reported $0.09 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.05. The company had revenue of $193.00 million for the quarter, compared to the consensus estimate of $191.97 million. During the same quarter last year, the company posted ($0.20) earnings per share. VOXX International Corp.’s revenue was down .5% compared to the same quarter last year.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of VOXX International Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, September 11th. They now have a $13.10 price target on the stock. Separately, analysts at TheStreet upgraded shares of VOXX International Corp. from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, August 27th.
VOXX International Corporation (NASDAQ:VOXX), formerly Audiovox Corporation, is an international distributor in the accessory, mobile and consumer electronics industries.
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