D.A. Davidson & CO. continued to hold its stake in shares of Fox Factory Holding Corp. (NASDAQ:FOXF) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,910 shares of the company’s stock at the end of the second quarter. D.A. Davidson & CO.’s holdings in Fox Factory Holding Corp. were worth $139,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in Fox Factory Holding Corp. during the second quarter valued at about $111,000. LS Investment Advisors LLC boosted its stake in Fox Factory Holding Corp. by 7.5% during the second quarter. LS Investment Advisors LLC now owns 3,990 shares of the company’s stock valued at $142,000 after buying an additional 279 shares in the last quarter. Paradigm Asset Management Co. LLC bought a new position in Fox Factory Holding Corp. during the second quarter valued at about $160,000. Pinebridge Investments L.P. boosted its stake in Fox Factory Holding Corp. by 20.5% during the second quarter. Pinebridge Investments L.P. now owns 4,564 shares of the company’s stock valued at $163,000 after buying an additional 778 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in Fox Factory Holding Corp. by 11.3% during the first quarter. Victory Capital Management Inc. now owns 5,003 shares of the company’s stock valued at $144,000 after buying an additional 509 shares in the last quarter. 97.03% of the stock is owned by institutional investors and hedge funds.

Shares of Fox Factory Holding Corp. (NASDAQ FOXF) opened at 44.10 on Tuesday. The stock’s 50 day moving average price is $41.02 and its 200 day moving average price is $35.16. The stock has a market capitalization of $1.65 billion, a P/E ratio of 35.28 and a beta of 0.69. Fox Factory Holding Corp. has a one year low of $19.65 and a one year high of $46.80.

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

In related news, SVP William H. Katherman sold 18,580 shares of Fox Factory Holding Corp. stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $42.01, for a total transaction of $780,545.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Thomas Michael Wittenschlaeger sold 2,000 shares of Fox Factory Holding Corp. stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $39.22, for a total value of $78,440.00. Following the sale, the insider now directly owns 61,162 shares of the company’s stock, valued at $2,398,773.64. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 70,739 shares of company stock valued at $2,766,288. 21.40% of the stock is owned by insiders.

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Several brokerages have recently commented on FOXF. DA Davidson reaffirmed a “hold” rating and set a $34.00 target price on shares of Fox Factory Holding Corp. in a report on Friday, June 30th. ValuEngine downgraded Fox Factory Holding Corp. from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Zacks Investment Research raised Fox Factory Holding Corp. from a “hold” rating to a “buy” rating and set a $44.00 target price for the company in a report on Thursday, September 7th. Bank of America Corporation upped their target price on Fox Factory Holding Corp. from $39.00 to $42.00 and gave the company a “neutral” rating in a report on Thursday, September 21st. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $40.00 target price on shares of Fox Factory Holding Corp. in a report on Thursday, September 28th. Seven research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Fox Factory Holding Corp. has a consensus rating of “Hold” and an average target price of $36.86.

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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