Teachers Retirement System of The State of Kentucky continued to hold its stake in Fox Factory Holding Corp. (NASDAQ:FOXF) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,700 shares of the company’s stock at the end of the first quarter. Teachers Retirement System of The State of Kentucky’s holdings in Fox Factory Holding Corp. were worth $250,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. raised its stake in Fox Factory Holding Corp. by 125,617.7% in the first quarter. BlackRock Inc. now owns 3,522,611 shares of the company’s stock valued at $101,099,000 after buying an additional 3,519,809 shares during the period. Kayne Anderson Rudnick Investment Management LLC raised its stake in Fox Factory Holding Corp. by 57.0% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 5,522,203 shares of the company’s stock valued at $158,487,000 after buying an additional 2,005,628 shares during the period. Loomis Sayles & Co. L P raised its stake in Fox Factory Holding Corp. by 156.2% in the first quarter. Loomis Sayles & Co. L P now owns 869,719 shares of the company’s stock valued at $24,961,000 after buying an additional 530,304 shares during the period. Citadel Advisors LLC purchased a new stake in Fox Factory Holding Corp. during the first quarter valued at about $11,847,000. Finally, Vanguard Group Inc. raised its stake in Fox Factory Holding Corp. by 28.5% in the first quarter. Vanguard Group Inc. now owns 1,679,239 shares of the company’s stock valued at $48,194,000 after buying an additional 372,551 shares during the period. 97.09% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Fox Factory Holding Corp. (NASDAQ:FOXF) traded down 1.20% during trading on Friday, hitting $37.00. 125,079 shares of the stock traded hands. Fox Factory Holding Corp. has a 1-year low of $18.09 and a 1-year high of $39.60. The stock has a 50 day moving average price of $36.76 and a 200-day moving average price of $31.10. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 29.60 and a beta of 0.69.

Fox Factory Holding Corp. (NASDAQ:FOXF) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $0.39 earnings per share (EPS) for the quarter, beating the Zacks’ 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 business had revenue of $120.80 million for the quarter, compared to analysts’ expectations of $117.16 million. During the same period in the previous year, the business posted $0.32 EPS. The firm’s quarterly revenue was up 18.1% compared to the same quarter last year. Equities analysts forecast that Fox Factory Holding Corp. will post $1.50 EPS for the current year.

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Several analysts have issued reports on FOXF shares. DA Davidson reaffirmed a “hold” rating and set a $34.00 price target on shares of Fox Factory Holding Corp. in a research report on Friday, June 30th. 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. BidaskClub raised shares of Fox Factory Holding Corp. from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 29th. ValuEngine raised shares of Fox Factory Holding Corp. from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. 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 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 company’s stock. Fox Factory Holding Corp. has a consensus rating of “Buy” and a consensus price target of $35.17.

In other news, Director Carl Nichols sold 6,503 shares of the company’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $37.89, for a total transaction of $246,398.67. Following the sale, the director now directly owns 36,410 shares in the company, valued at $1,379,574.90. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Thomas Michael Wittenschlaeger sold 2,000 shares of the company’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $39.22, for a total value of $78,440.00. Following the sale, the insider now owns 61,162 shares in the company, valued at $2,398,773.64. The disclosure for this sale can be found here. Insiders sold a total of 186,155 shares of company stock worth $6,201,779 over the last 90 days. 21.40% of the stock is currently owned by company 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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