Geode Capital Management LLC boosted its stake in shares of Fox Factory Holding Corp. (NASDAQ:FOXF) by 26.3% during the first quarter, according to its most recent filing with the SEC. The firm owned 262,331 shares of the company’s stock after buying an additional 54,642 shares during the period. Geode Capital Management LLC’s holdings in Fox Factory Holding Corp. were worth $7,528,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Swiss National Bank boosted its position in shares of Fox Factory Holding Corp. by 18.6% in the first quarter. Swiss National Bank now owns 57,500 shares of the company’s stock worth $1,650,000 after buying an additional 9,000 shares during the period. Bank of Montreal Can boosted its position in shares of Fox Factory Holding Corp. by 2.9% in the first quarter. Bank of Montreal Can now owns 8,510 shares of the company’s stock worth $244,000 after buying an additional 242 shares during the period. Stifel Financial Corp boosted its position in shares of Fox Factory Holding Corp. by 64.1% in the first quarter. Stifel Financial Corp now owns 35,666 shares of the company’s stock worth $1,029,000 after buying an additional 13,929 shares during the period. O Shaughnessy Asset Management LLC boosted its position in shares of Fox Factory Holding Corp. by 141.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 37,408 shares of the company’s stock worth $1,074,000 after buying an additional 21,914 shares during the period. Finally, Marshall Wace North America L.P. bought a new position in shares of Fox Factory Holding Corp. during the first quarter worth about $5,364,000. Institutional investors and hedge funds own 97.05% of the company’s stock.

Fox Factory Holding Corp. (NASDAQ:FOXF) traded up 3.18% during midday trading on Friday, hitting $38.90. The stock had a trading volume of 582,347 shares. The company’s 50 day moving average price is $35.64 and its 200-day moving average price is $30.60. Fox Factory Holding Corp. has a 52 week low of $18.09 and a 52 week high of $39.22. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 34.73 and a beta of 0.69.

Fox Factory Holding Corp. (NASDAQ:FOXF) last released its quarterly earnings results on Thursday, August 3rd. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.03. Fox Factory Holding Corp. had a return on equity of 30.70% and a net margin of 10.67%. The firm had revenue of $120.80 million for the quarter, compared to analyst estimates of $117.16 million. During the same quarter in the previous year, the company posted $0.32 EPS. The business’s revenue was up 18.1% on a year-over-year basis. Equities analysts anticipate that Fox Factory Holding Corp. will post $1.44 earnings per share for the current fiscal year.

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FOXF has been the topic of a number of recent analyst reports. DA Davidson restated a “hold” rating and set a $34.00 target price on shares of Fox Factory Holding Corp. in a report on Friday, June 30th. Zacks Investment Research upgraded Fox Factory Holding Corp. from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a report on Friday, May 5th. BidaskClub upgraded Fox Factory Holding Corp. from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 29th. ValuEngine upgraded Fox Factory Holding Corp. from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, CL King cut Fox Factory Holding Corp. from a “buy” rating to a “neutral” rating in a report on Thursday, June 1st. Five investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $33.17.

In related news, insider Thomas Michael Wittenschlaeger sold 2,718 shares of the company’s stock in a transaction dated Wednesday, May 10th. The stock was sold at an average price of $31.85, for a total transaction of $86,568.30. Following the sale, the insider now owns 41,402 shares in the company, valued at approximately $1,318,653.70. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Zvi Glasman sold 40,000 shares of the company’s stock in a transaction dated Monday, May 8th. The shares were sold at an average price of $31.67, for a total value of $1,266,800.00. Following the sale, the chief financial officer now owns 62,100 shares in the company, valued at approximately $1,966,707. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 216,170 shares of company stock worth $7,020,981. 21.40% of the stock is owned by corporate insiders.

Fox Factory Holding Corp. Company Profile

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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Institutional Ownership by Quarter for Fox Factory Holding Corp. (NASDAQ:FOXF)

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