Fox Factory Holding Corp (FOXF) CEO Larry L. Enterline Sells 177,000 Shares

Share on StockTwits

Fox Factory Holding Corp (NASDAQ:FOXF) CEO Larry L. Enterline sold 177,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $63.98, for a total value of $11,324,460.00. Following the completion of the sale, the chief executive officer now owns 95,335 shares of the company’s stock, valued at $6,099,533.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

FOXF traded down $0.17 during mid-day trading on Thursday, hitting $63.35. 157,400 shares of the stock were exchanged, compared to its average volume of 276,225. The company has a current ratio of 2.10, a quick ratio of 1.19 and a debt-to-equity ratio of 0.18. Fox Factory Holding Corp has a 1-year low of $33.20 and a 1-year high of $76.77. The firm has a market cap of $2.34 billion, a price-to-earnings ratio of 28.54, a PEG ratio of 1.41 and a beta of 1.08.

Fox Factory (NASDAQ:FOXF) last posted its quarterly earnings results on Tuesday, February 26th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. Fox Factory had a return on equity of 29.77% and a net margin of 11.43%. The business had revenue of $156.81 million during the quarter, compared to analysts’ expectations of $156.79 million. During the same period last year, the firm earned $0.38 EPS. The company’s quarterly revenue was up 29.5% compared to the same quarter last year. On average, research analysts forecast that Fox Factory Holding Corp will post 2.52 earnings per share for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Bronfman E.L. Rothschild L.P. increased its holdings in Fox Factory by 751.3% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 647 shares of the company’s stock valued at $38,000 after buying an additional 571 shares during the last quarter. First Quadrant L P CA acquired a new stake in shares of Fox Factory during the 4th quarter valued at $75,000. Quantamental Technologies LLC acquired a new stake in Fox Factory during the 4th quarter valued at $77,000. Meeder Asset Management Inc. acquired a new position in shares of Fox Factory in the fourth quarter worth $118,000. Finally, Bank of Montreal Can boosted its holdings in Fox Factory by 17.3% in the fourth quarter. Bank of Montreal Can now owns 2,054 shares of the company’s stock worth $121,000 after purchasing an additional 303 shares in the last quarter. 96.47% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts recently weighed in on FOXF shares. Bank of America cut shares of Fox Factory from a “buy” rating to a “neutral” rating in a research note on Friday, November 23rd. They noted that the move was a valuation call. BidaskClub downgraded shares of Fox Factory from a “buy” rating to a “hold” rating in a report on Friday, January 25th. ValuEngine upgraded shares of Fox Factory from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 13th. Finally, Zacks Investment Research lowered shares of Fox Factory from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 24th. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Fox Factory has a consensus rating of “Buy” and an average price target of $63.83.

ILLEGAL ACTIVITY NOTICE: “Fox Factory Holding Corp (FOXF) CEO Larry L. Enterline Sells 177,000 Shares” was first published by Ticker Report and is owned by of Ticker Report. If you are reading this report on another website, it was illegally copied and reposted in violation of United States and international trademark & copyright laws. The legal version of this report can be read at https://www.tickerreport.com/banking-finance/4204900/fox-factory-holding-corp-foxf-ceo-larry-l-enterline-sells-177000-shares.html.

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.

Featured Story: How to use beta for portfolio diversification

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

Receive News & Ratings for Fox Factory Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fox Factory and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Traders Buy Shares of T. Rowe Price Group  on Weakness
Traders Buy Shares of T. Rowe Price Group on Weakness
Investors Buy Shares of iShares MSCI EAFE ETF  on Weakness
Investors Buy Shares of iShares MSCI EAFE ETF on Weakness
Zacks: Analysts Expect First American Financial Corp  Will Post Earnings of $0.69 Per Share
Zacks: Analysts Expect First American Financial Corp Will Post Earnings of $0.69 Per Share
B&G Foods, Inc.  Expected to Post Quarterly Sales of $408.60 Million
B&G Foods, Inc. Expected to Post Quarterly Sales of $408.60 Million
Content Neutrality Network Trading Down 12.4% This Week
Content Neutrality Network Trading Down 12.4% This Week
Qbao  Hits One Day Trading Volume of $143,119.00
Qbao Hits One Day Trading Volume of $143,119.00


© 2006-2019 Ticker Report