VOXX International Corp. SVP David Geise Sells 12,500 Shares (VOXX)
VOXX International Corp. (NASDAQ:VOXX) SVP David Geise unloaded 12,500 shares of the stock on the open market in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $16.37, for a total transaction of $204,625.00. Following the completion of the transaction, the senior vice president now directly owns 3,310 shares of the company’s stock, valued at approximately $54,185. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on VOXX shares. 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, December 11th. They now have a $17.00 price target on the stock. Separately, analysts at Needham & Company initiated coverage on shares of VOXX International Corp. in a research note to investors on Friday, December 6th. They set a “strong-buy” rating and a $23.00 price target on the stock. Finally, analysts at Cowen and Company initiated coverage on shares of VOXX International Corp. in a research note to investors on Tuesday, December 3rd. They set an “outperform” rating and a $21.00 price target on the stock. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $19.25.
Shares of VOXX International Corp. (NASDAQ:VOXX) traded down 0.12% on Monday, hitting $16.63. The stock had a trading volume of 175,801 shares. VOXX International Corp. has a 52 week low of $7.24 and a 52 week high of $18.00. The stock has a 50-day moving average of $16.75 and a 200-day moving average of $14.38. The company has a market cap of $403.8 million and a price-to-earnings ratio of 13.16.
VOXX International Corp. (NASDAQ:VOXX) last released its earnings data on Thursday, October 10th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.09 by $0.11. The company had revenue of $183.80 million for the quarter, compared to the consensus estimate of $186.73 million. During the same quarter in the prior year, the company posted $0.16 earnings per share. Analysts expect that VOXX International Corp. will post $0.90 EPS for the current fiscal year.
VOXX International Corporation (NASDAQ:VOXX), formerly Audiovox Corporation, is an international distributor in the accessory, mobile and consumer electronics industries.
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