Fox Factory Holding Corp. (NASDAQ:FOXF) Shares Acquired by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. grew its holdings in Fox Factory Holding Corp. (NASDAQ:FOXF - Free Report) by 46.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 821,380 shares of the company's stock after acquiring an additional 261,140 shares during the quarter. D. E. Shaw & Co. Inc. owned 1.97% of Fox Factory worth $24,863,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in FOXF. Barclays PLC boosted its holdings in Fox Factory by 474.7% in the third quarter. Barclays PLC now owns 122,806 shares of the company's stock worth $5,097,000 after acquiring an additional 101,437 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Fox Factory by 271.6% during the third quarter. JPMorgan Chase & Co. now owns 190,870 shares of the company's stock worth $7,921,000 after purchasing an additional 139,512 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Fox Factory by 595.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 247,435 shares of the company's stock worth $7,490,000 after purchasing an additional 211,864 shares during the period. Diversify Wealth Management LLC lifted its holdings in shares of Fox Factory by 10.1% during the fourth quarter. Diversify Wealth Management LLC now owns 7,443 shares of the company's stock worth $207,000 after purchasing an additional 680 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in shares of Fox Factory during the fourth quarter worth about $544,000.

Analyst Ratings Changes

A number of equities research analysts recently commented on FOXF shares. Truist Financial lifted their target price on Fox Factory from $28.00 to $34.00 and gave the stock a "buy" rating in a report on Wednesday. Robert W. Baird decreased their target price on Fox Factory from $32.00 to $25.00 and set a "neutral" rating for the company in a report on Friday, April 4th. Stifel Nicolaus decreased their target price on Fox Factory from $40.00 to $34.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Finally, Jefferies Financial Group decreased their target price on Fox Factory from $45.00 to $38.00 and set a "buy" rating for the company in a report on Friday, February 28th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $36.43.

Fox Factory Trading Up 1.0%

NASDAQ FOXF traded up $0.26 on Friday, reaching $26.04. 655,871 shares of the company were exchanged, compared to its average volume of 616,967. The business's fifty day moving average price is $22.42 and its 200 day moving average price is $27.06. The stock has a market capitalization of $1.09 billion, a P/E ratio of 100.16, a price-to-earnings-growth ratio of 1.45 and a beta of 1.54. The company has a current ratio of 3.21, a quick ratio of 1.62 and a debt-to-equity ratio of 0.62. Fox Factory Holding Corp. has a fifty-two week low of $17.95 and a fifty-two week high of $54.86.

Fox Factory (NASDAQ:FOXF - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.01. The company had revenue of $355.03 million for the quarter, compared to analyst estimates of $330.71 million. Fox Factory had a return on equity of 5.23% and a net margin of 0.78%. The firm's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 earnings per share. Analysts forecast that Fox Factory Holding Corp. will post 1.31 earnings per share for the current year.

Fox Factory Profile

Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance-defining products and system worldwide. The company offers powered vehicle products for side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, and specialty vehicles and applications, such as military, motorcycles, and commercial trucks; lift kits and components with shock products and aftermarket accessory packages for trucks; and mid-end and high-end front fork and rear suspension products.