Fox Factory Holding Corp (NASDAQ:FOXF) CFO Zvi Glasman sold 20,000 shares of the business’s stock in a transaction dated Friday, September 7th. The stock was sold at an average price of $67.96, for a total transaction of $1,359,200.00. Following the transaction, the chief financial officer now owns 40,567 shares in the company, valued at $2,756,933.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Zvi Glasman also recently made the following trade(s):

  • On Monday, August 27th, Zvi Glasman sold 2,660 shares of Fox Factory stock. The stock was sold at an average price of $65.51, for a total transaction of $174,256.60.
  • On Wednesday, August 29th, Zvi Glasman sold 7,260 shares of Fox Factory stock. The stock was sold at an average price of $65.18, for a total transaction of $473,206.80.
  • On Friday, August 24th, Zvi Glasman sold 2,668 shares of Fox Factory stock. The stock was sold at an average price of $64.99, for a total transaction of $173,393.32.
  • On Wednesday, August 22nd, Zvi Glasman sold 1,600 shares of Fox Factory stock. The stock was sold at an average price of $64.79, for a total transaction of $103,664.00.
  • On Thursday, August 16th, Zvi Glasman sold 200 shares of Fox Factory stock. The stock was sold at an average price of $66.13, for a total transaction of $13,226.00.
  • On Monday, August 20th, Zvi Glasman sold 5,000 shares of Fox Factory stock. The stock was sold at an average price of $64.06, for a total transaction of $320,300.00.

FOXF stock traded down $0.35 during trading on Friday, reaching $68.00. 158,900 shares of the stock were exchanged, compared to its average volume of 213,036. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.18 and a quick ratio of 1.20. Fox Factory Holding Corp has a 1 year low of $33.20 and a 1 year high of $69.25. The company has a market capitalization of $2.59 billion, a PE ratio of 42.77, a price-to-earnings-growth ratio of 1.95 and a beta of 0.82.

Fox Factory (NASDAQ:FOXF) last issued its earnings results on Wednesday, August 1st. The company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.08. The company had revenue of $156.80 million for the quarter, compared to the consensus estimate of $146.72 million. Fox Factory had a net margin of 10.93% and a return on equity of 27.73%. Fox Factory’s quarterly revenue was up 29.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.39 earnings per share. sell-side analysts forecast that Fox Factory Holding Corp will post 2.09 EPS for the current year.

FOXF has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Fox Factory from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a research note on Thursday, July 5th. BidaskClub raised shares of Fox Factory from a “hold” rating to a “buy” rating in a research note on Thursday, May 31st. Bank of America lifted their target price on shares of Fox Factory from $53.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, August 2nd. Jefferies Financial Group initiated coverage on shares of Fox Factory in a research note on Monday, July 16th. They set a “buy” rating and a $63.00 target price on the stock. Finally, ValuEngine raised shares of Fox Factory from a “hold” rating to a “buy” rating in a research note on Thursday, May 17th. Four analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $53.14.

Several institutional investors have recently added to or reduced their stakes in the company. Victory Capital Management Inc. raised its stake in shares of Fox Factory by 15.9% in the 2nd quarter. Victory Capital Management Inc. now owns 9,684 shares of the company’s stock valued at $451,000 after acquiring an additional 1,327 shares during the period. Cubist Systematic Strategies LLC raised its stake in shares of Fox Factory by 25.9% in the 1st quarter. Cubist Systematic Strategies LLC now owns 7,631 shares of the company’s stock valued at $266,000 after acquiring an additional 1,568 shares during the period. New York State Common Retirement Fund raised its stake in shares of Fox Factory by 4.3% in the 1st quarter. New York State Common Retirement Fund now owns 39,100 shares of the company’s stock valued at $1,365,000 after acquiring an additional 1,600 shares during the period. Polen Capital Management LLC raised its stake in shares of Fox Factory by 12.2% in the 2nd quarter. Polen Capital Management LLC now owns 14,722 shares of the company’s stock valued at $685,000 after acquiring an additional 1,601 shares during the period. Finally, Profund Advisors LLC raised its stake in shares of Fox Factory by 27.9% in the 1st quarter. Profund Advisors LLC now owns 7,435 shares of the company’s stock valued at $259,000 after acquiring an additional 1,620 shares during the period. 99.16% of the stock is currently owned by institutional investors and hedge funds.

About Fox Factory

Fox Factory Holding Corp. designs, engineers, manufactures, and markets ride dynamics products worldwide. The company offers front fork and rear suspension products for mountain bikes and road bikes; and powered vehicle products for side-by-side vehicles, on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, specialty vehicles and applications, and motorcycles.

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Insider Buying and Selling by Quarter for Fox Factory (NASDAQ:FOXF)

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