Fox Factory Holding Corp. (NASDAQ:FOXF) CFO Zvi Glasman sold 7,150 shares of the firm’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $37.72, for a total transaction of $269,698.00. Following the completion of the transaction, the chief financial officer now directly owns 69,185 shares in the company, valued at $2,609,658.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Zvi Glasman also recently made the following trade(s):

  • On Tuesday, August 8th, Zvi Glasman sold 10,200 shares of Fox Factory Holding Corp. stock. The shares were sold at an average price of $39.34, for a total transaction of $401,268.00.
  • On Thursday, May 18th, Zvi Glasman sold 30,000 shares of Fox Factory Holding Corp. stock. The shares were sold at an average price of $32.96, for a total transaction of $988,800.00.

Shares of Fox Factory Holding Corp. (NASDAQ:FOXF) traded up 2.05% during mid-day trading on Wednesday, reaching $37.30. 434,447 shares of the company’s stock traded hands. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 29.84 and a beta of 0.69. Fox Factory Holding Corp. has a 12-month low of $18.24 and a 12-month high of $39.60. The firm’s 50 day moving average price is $37.12 and its 200-day moving average price is $31.41.

Fox Factory Holding Corp. (NASDAQ:FOXF) last posted its earnings results on Thursday, August 3rd. The company reported $0.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.03. The business had revenue of $120.80 million for the quarter, compared to analysts’ expectations of $117.16 million. Fox Factory Holding Corp. had a net margin of 10.67% and a return on equity of 29.60%. The business’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.32 EPS. Equities research analysts forecast that Fox Factory Holding Corp. will post $1.50 earnings per share for the current year.

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A number of institutional investors have recently bought and sold shares of FOXF. Kayne Anderson Rudnick Investment Management LLC boosted its position in Fox Factory Holding Corp. by 7.3% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 5,926,907 shares of the company’s stock valued at $210,998,000 after buying an additional 404,704 shares in the last quarter. BlackRock Inc. boosted its position in shares of Fox Factory Holding Corp. by 15.2% in the second quarter. BlackRock Inc. now owns 4,059,323 shares of the company’s stock valued at $144,512,000 after buying an additional 536,712 shares during the period. Vanguard Group Inc. boosted its position in shares of Fox Factory Holding Corp. by 7.7% in the second quarter. Vanguard Group Inc. now owns 1,808,368 shares of the company’s stock valued at $64,377,000 after buying an additional 129,129 shares during the period. Conestoga Capital Advisors LLC boosted its position in shares of Fox Factory Holding Corp. by 6.3% in the second quarter. Conestoga Capital Advisors LLC now owns 1,577,516 shares of the company’s stock valued at $56,160,000 after buying an additional 93,655 shares during the period. Finally, Wells Fargo & Company MN boosted its position in shares of Fox Factory Holding Corp. by 4.9% in the first quarter. Wells Fargo & Company MN now owns 1,479,874 shares of the company’s stock valued at $42,473,000 after buying an additional 69,635 shares during the period. Institutional investors and hedge funds own 96.65% of the company’s stock.

A number of research analysts have weighed in on the stock. DA Davidson reaffirmed a “hold” rating and issued a $34.00 price objective on shares of Fox Factory Holding Corp. in a research note on Friday, June 30th. ValuEngine raised shares of Fox Factory Holding Corp. from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Zacks Investment Research raised shares of Fox Factory Holding Corp. from a “hold” rating to a “buy” rating and set a $36.00 price target on the stock in a research report on Friday, May 5th. Bank of America Corporation lowered shares of Fox Factory Holding Corp. from a “buy” rating to a “neutral” rating and set a $38.00 price target on the stock. in a research report on Wednesday, July 12th. They noted that the move was a valuation call. Finally, CL King lowered shares of Fox Factory Holding Corp. from a “buy” rating to a “neutral” rating in a research report on Thursday, June 1st. Five research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $35.17.

About Fox Factory Holding Corp.

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.

Insider Buying and Selling by Quarter for Fox Factory Holding Corp. (NASDAQ:FOXF)

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