Louisiana State Employees Retirement System held its position in Fox Factory Holding Corp. (NASDAQ:FOXF) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,100 shares of the company’s stock at the end of the second quarter. Louisiana State Employees Retirement System’s holdings in Fox Factory Holding Corp. were worth $502,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Teachers Advisors LLC raised its position in Fox Factory Holding Corp. by 2.7% in the fourth quarter. Teachers Advisors LLC now owns 38,743 shares of the company’s stock worth $1,075,000 after buying an additional 1,019 shares during the period. Bank of Montreal Can raised its position in 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. Conestoga Capital Advisors LLC raised its position in Fox Factory Holding Corp. by 14.2% in the first quarter. Conestoga Capital Advisors LLC now owns 1,483,861 shares of the company’s stock worth $42,587,000 after buying an additional 184,991 shares during the period. Boston Advisors LLC raised its position in Fox Factory Holding Corp. by 8.2% in the first quarter. Boston Advisors LLC now owns 229,840 shares of the company’s stock worth $6,596,000 after buying an additional 17,380 shares during the period. Finally, State of Alaska Department of Revenue raised its position in Fox Factory Holding Corp. by 22.8% in the first quarter. State of Alaska Department of Revenue now owns 3,830 shares of the company’s stock worth $109,000 after buying an additional 710 shares during the period. Hedge funds and other institutional investors own 97.09% of the company’s stock.

Shares of Fox Factory Holding Corp. (NASDAQ FOXF) traded down 1.34% during midday trading on Friday, hitting $36.95. 164,713 shares of the company’s stock traded hands. Fox Factory Holding Corp. has a 52 week low of $18.09 and a 52 week high of $39.60. The stock has a market cap of $1.38 billion, a P/E ratio of 29.56 and a beta of 0.69. The company has a 50 day moving average of $36.76 and a 200 day moving average of $31.10.

Fox Factory Holding Corp. (NASDAQ:FOXF) last issued its earnings results on Thursday, August 3rd. The company reported $0.39 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.03. Fox Factory Holding Corp. had a return on equity of 29.60% 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 period last year, the company earned $0.32 earnings per share. The firm’s revenue for the quarter was up 18.1% on a year-over-year basis. On average, equities analysts forecast that Fox Factory Holding Corp. will post $1.50 EPS for the current fiscal year.

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A number of equities analysts recently weighed in on FOXF shares. Zacks Investment Research upgraded shares of Fox Factory Holding Corp. from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research report on Wednesday, April 26th. DA Davidson lowered shares of Fox Factory Holding Corp. from a “buy” rating to a “neutral” rating and set a $34.00 price objective on the stock. in a research report on Wednesday, May 17th. 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. ValuEngine upgraded shares of Fox Factory Holding Corp. from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, BidaskClub upgraded shares of Fox Factory Holding Corp. from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 29th. Five investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $35.17.

In other news, CEO Larry L. Enterline sold 85,799 shares of the stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of $32.47, for a total value of $2,785,893.53. Following the completion of the transaction, the chief executive officer now owns 166,567 shares of the company’s stock, valued at $5,408,430.49. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Carl Nichols sold 6,503 shares of the stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $37.89, for a total value of $246,398.67. Following the completion of the transaction, the director now directly owns 36,410 shares of the company’s stock, valued at approximately $1,379,574.90. The disclosure for this sale can be found here. In the last three months, insiders sold 186,155 shares of company stock valued at $6,201,779. Company insiders own 21.40% of the company’s stock.

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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