Isthmus Partners LLC lowered its holdings in shares of Fox Factory Holding Corp. (NASDAQ:FOXF) by 11.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,408 shares of the company’s stock after selling 3,665 shares during the quarter. Isthmus Partners LLC owned 0.08% of Fox Factory Holding Corp. worth $1,267,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ameritas Investment Partners Inc. raised its position in shares of Fox Factory Holding Corp. by 76.4% during the second quarter. Ameritas Investment Partners Inc. now owns 3,076 shares of the company’s stock worth $110,000 after purchasing an additional 1,332 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Fox Factory Holding Corp. during the second quarter worth about $111,000. LS Investment Advisors LLC raised its position in shares of 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 worth $142,000 after purchasing an additional 279 shares during the period. Paradigm Asset Management Co. LLC acquired a new stake in shares of Fox Factory Holding Corp. during the second quarter worth about $160,000. Finally, Pinebridge Investments L.P. raised its position in shares of 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 worth $163,000 after purchasing an additional 778 shares during the period. 96.57% of the stock is currently owned by institutional investors.

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A number of equities research analysts recently issued reports on FOXF shares. Zacks Investment Research raised Fox Factory Holding Corp. from a “hold” rating to a “buy” rating and set a $41.00 target price on the stock in a research report on Thursday, July 13th. ValuEngine raised Fox Factory Holding Corp. from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Stifel Nicolaus reissued a “hold” rating and issued a $38.00 target price (up previously from $32.00) on shares of Fox Factory Holding Corp. in a research report on Wednesday, August 9th. Robert W. Baird reissued a “hold” rating and issued a $40.00 target price on shares of Fox Factory Holding Corp. in a research report on Thursday, September 28th. Finally, SunTrust Banks, Inc. reissued a “hold” rating and issued a $36.00 target price on shares of Fox Factory Holding Corp. in a research report on Friday, October 20th. Nine investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $39.29.

Fox Factory Holding Corp. (NASDAQ:FOXF) remained flat at $$40.05 during trading hours on Wednesday. The company had a trading volume of 129,056 shares, compared to its average volume of 307,771. The stock has a market cap of $1,503.56, a price-to-earnings ratio of 26.35, a price-to-earnings-growth ratio of 1.89 and a beta of 0.68. Fox Factory Holding Corp. has a 52 week low of $19.90 and a 52 week high of $46.80. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.41 and a current ratio of 2.48.

Fox Factory Holding Corp. (NASDAQ:FOXF) last posted its quarterly earnings results on Wednesday, November 1st. The company reported $0.46 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.02. The firm had revenue of $127.40 million for the quarter, compared to analyst estimates of $123.02 million. Fox Factory Holding Corp. had a return on equity of 28.25% and a net margin of 10.76%. The business’s quarterly revenue was up 16.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.44 EPS. sell-side analysts predict that Fox Factory Holding Corp. will post 1.53 earnings per share for the current fiscal year.

In other Fox Factory Holding Corp. news, SVP William H. Katherman sold 18,580 shares of the business’s stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $42.01, for a total transaction of $780,545.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP William H. Katherman sold 2,356 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $36.95, for a total value of $87,054.20. Following the transaction, the senior vice president now directly owns 32,750 shares in the company, valued at approximately $1,210,112.50. The disclosure for this sale can be found here. Insiders have sold a total of 52,036 shares of company stock worth $2,040,182 in the last ninety days. Insiders own 21.40% of the company’s stock.

About Fox Factory Holding Corp.

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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