Insider Selling: Loriann Shelton Sells 6,992 Shares of VOXX International Corp. Stock (VOXX)
VOXX International Corp. (NASDAQ:VOXX) CAO Loriann Shelton sold 6,992 shares of VOXX International Corp. stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $17.01, for a total value of $118,933.92. Following the sale, the chief accounting officer now directly owns 11,237 shares of the company’s stock, valued at approximately $191,141. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
VOXX International Corp. (NASDAQ:VOXX) last released its earnings data on Wednesday, January 8th. The company reported $0.63 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.50 by $0.13. The company had revenue of $245.80 million for the quarter, compared to the consensus estimate of $250.46 million. During the same quarter in the prior year, the company posted $0.56 earnings per share. The company’s quarterly revenue was up 1.2% on a year-over-year basis.
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, 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 equities research analyst has rated the stock with a hold rating, two have issued 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 a consensus price target of $19.25.
VOXX International Corporation (NASDAQ:VOXX), formerly Audiovox Corporation, is an international distributor in the accessory, mobile and consumer electronics industries.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.