Algert Global LLC decreased its stake in shares of VOXX International Corporation (NASDAQ:VOXX) by 50.5% during the second quarter, Holdings Channel reports. The institutional investor owned 155,882 shares of the auto parts company’s stock after selling 158,894 shares during the period. Algert Global LLC’s holdings in VOXX International Corporation were worth $1,278,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of VOXX. Bank of New York Mellon Corp raised its stake in VOXX International Corporation by 2.4% in the first quarter. Bank of New York Mellon Corp now owns 27,847 shares of the auto parts company’s stock valued at $144,000 after buying an additional 640 shares in the last quarter. Brandes Investment Partners LP raised its stake in VOXX International Corporation by 12.8% in the first quarter. Brandes Investment Partners LP now owns 42,617 shares of the auto parts company’s stock valued at $222,000 after buying an additional 4,833 shares in the last quarter. UBS Group AG raised its stake in VOXX International Corporation by 45.9% in the first quarter. UBS Group AG now owns 24,853 shares of the auto parts company’s stock valued at $129,000 after buying an additional 7,814 shares in the last quarter. Kahn Brothers Group Inc. DE raised its stake in VOXX International Corporation by 1.0% in the first quarter. Kahn Brothers Group Inc. DE now owns 1,763,561 shares of the auto parts company’s stock valued at $9,171,000 after buying an additional 17,700 shares in the last quarter. Finally, Prescott Group Capital Management L.L.C. raised its stake in VOXX International Corporation by 2.0% in the second quarter. Prescott Group Capital Management L.L.C. now owns 973,515 shares of the auto parts company’s stock valued at $7,983,000 after buying an additional 18,719 shares in the last quarter. Institutional investors and hedge funds own 51.80% of the company’s stock.

Shares of VOXX International Corporation (VOXX) opened at 7.10 on Thursday. The firm’s 50-day moving average is $7.35 and its 200-day moving average is $5.89. VOXX International Corporation has a one year low of $2.50 and a one year high of $9.00. The stock has a market capitalization of $171.54 million, a price-to-earnings ratio of 30.87 and a beta of 0.93.

VOXX International Corporation (NASDAQ:VOXX) last posted its quarterly earnings data on Monday, July 10th. The auto parts company reported ($0.13) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.07) by $0.06. The business had revenue of $159.10 million during the quarter, compared to analysts’ expectations of $156 million. VOXX International Corporation had a net margin of 0.83% and a return on equity of 1.45%. The firm’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.18) earnings per share. Equities research analysts forecast that VOXX International Corporation will post $0.25 EPS for the current year.

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Several equities research analysts recently issued reports on VOXX shares. Zacks Investment Research lowered shares of VOXX International Corporation from a “hold” rating to a “sell” rating in a report on Thursday, April 13th. Cowen and Company reissued a “market perform” rating and issued a $6.00 target price (up from $4.00) on shares of VOXX International Corporation in a report on Wednesday, May 17th. Finally, TheStreet raised shares of VOXX International Corporation from a “d” rating to a “c-” rating in a report on Wednesday, May 17th.

About VOXX International Corporation

VOXX International Corporation is an international manufacturer and distributor in the automotive, audio and consumer accessories industries. The Company’s segments include Automotive, Premium Audio and Consumer Accessories. The Automotive segment designs, manufactures, distributes and markets rear-seat entertainment devices, satellite radio products, remote start systems, digital television tuners, mobile antennas, mobile multimedia devices, car link-smartphone telematics application, collision avoidance systems and others.

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Institutional Ownership by Quarter for VOXX International Corporation (NASDAQ:VOXX)

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