Fox Factory Holding Corp. $FOXF Shares Bought by Teachers Retirement System of The State of Kentucky

Key Points

• Teachers Retirement System of the State of Kentucky boosted its Fox Factory stake by 3,173.3% in Q4 to 388,666 shares (about 0.93% ownership), adding 376,792 shares valued at roughly $6.65 million.
• Q4 results: Fox Factory beat estimates with $0.20 EPS vs. $0.14 and revenue of $361.1M (vs. $353.9M est.), but still reported a negative net margin (-37.11%) despite a 2.3% year‑over‑year revenue gain.
• Market and analyst view: The stock trades around $17.70 with a market cap near $742M, and analysts are mixed—consensus rating "Hold" with an average price target of $27.25 after several target and rating adjustments.

Teachers Retirement System of The State of Kentucky boosted its position in shares of Fox Factory Holding Corp. (NASDAQ:FOXF - Free Report) by 3,173.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 388,666 shares of the company's stock after buying an additional 376,792 shares during the period. Teachers Retirement System of The State of Kentucky owned 0.93% of Fox Factory worth $6,650,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in FOXF. Farther Finance Advisors LLC grew its stake in shares of Fox Factory by 108.3% in the 4th quarter. Farther Finance Advisors LLC now owns 2,075 shares of the company's stock valued at $36,000 after purchasing an additional 1,079 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of Fox Factory by 94.5% in the 4th quarter. SG Americas Securities LLC now owns 26,423 shares of the company's stock valued at $452,000 after purchasing an additional 12,841 shares during the last quarter. Penn Capital Management Company LLC grew its stake in shares of Fox Factory by 2.0% in the 3rd quarter. Penn Capital Management Company LLC now owns 117,197 shares of the company's stock valued at $2,847,000 after purchasing an additional 2,317 shares during the last quarter. Caxton Associates LLP grew its stake in shares of Fox Factory by 197.7% in the 3rd quarter. Caxton Associates LLP now owns 26,096 shares of the company's stock valued at $634,000 after purchasing an additional 17,329 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in shares of Fox Factory by 25.7% in the 3rd quarter. Qube Research & Technologies Ltd now owns 81,617 shares of the company's stock valued at $1,982,000 after purchasing an additional 16,710 shares during the last quarter.

Fox Factory Price Performance

Fox Factory stock opened at $17.70 on Monday. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.86 and a quick ratio of 1.37. Fox Factory Holding Corp. has a 1-year low of $13.08 and a 1-year high of $31.18. The company has a market cap of $742.16 million, a PE ratio of -1.36 and a beta of 1.46. The stock's 50 day moving average price is $17.25 and its 200 day moving average price is $18.10.

Fox Factory (NASDAQ:FOXF - Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.06. Fox Factory had a positive return on equity of 5.06% and a negative net margin of 37.11%.The firm had revenue of $361.07 million for the quarter, compared to the consensus estimate of $353.88 million. During the same period in the previous year, the business earned $0.31 earnings per share. The company's revenue for the quarter was up 2.3% compared to the same quarter last year. On average, sell-side analysts predict that Fox Factory Holding Corp. will post 1.44 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have weighed in on FOXF shares. Stifel Nicolaus set a $24.00 target price on Fox Factory in a research note on Thursday, April 16th. Roth Mkm lowered their target price on Fox Factory from $21.00 to $19.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 6th. Weiss Ratings reiterated a "sell (d)" rating on shares of Fox Factory in a research note on Thursday, January 22nd. Finally, Zacks Research upgraded Fox Factory from a "strong sell" rating to a "hold" rating in a research note on Thursday, March 5th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $27.25.

About Fox Factory

Fox Factory Holding Corp., headquartered in Duluth, Minnesota, designs, engineers and manufactures high-performance suspension systems, shock absorbers and related components for powersports, light-vehicle and mountain-bike applications. The company's FOX brand offers a comprehensive portfolio of forks, shocks, coilovers and internal bypass dampers aimed at OEM and aftermarket customers seeking enhanced ride quality, control and durability across off-road vehicles, motorcycles and bicycles.

Founded in 1974 by Bob Fox in California, Fox Factory has expanded its technology base and market reach through strategic acquisitions such as Marzocchi Suspension, DVO Suspension and Walker Evans Racing.

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