Van Berkom Associates buys $34,048,886 stake in Fox Factory Holding Corp (FOXF)

Fox Factory Holding Corp (FOXF) : Van Berkom Associates scooped up 598,710 additional shares in Fox Factory Holding Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 1,992,328 shares of Fox Factory Holding Corp which is valued at $34,048,886.Fox Factory Holding Corp makes up approximately 1.53% of Van Berkom Associates’s portfolio.

Fox Factory Holding Corp closed down -0.16 points or -0.91% at $17.37 with 1,12,486 shares getting traded on Wednesday. Post opening the session at $17.57, the shares hit an intraday low of $17.24 and an intraday high of $17.57 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Gw&k Investment Management added FOXF to its portfolio by purchasing 147,500 company shares during the most recent quarter which is valued at $2,520,775. Fox Factory Holding Corp makes up approx 0.06% of Gw&k Investment Management’s portfolio.Skylands Capital reduced its stake in FOXF by selling 22,850 shares or 8.75% in the most recent quarter. The Hedge Fund company now holds 238,150 shares of FOXF which is valued at $3,934,238. Fox Factory Holding Corp makes up approx 0.62% of Skylands Capital’s portfolio. Creative Planning sold out all of its stake in FOXF during the most recent quarter. The investment firm sold 223 shares of FOXF which is valued $3,503.

On the company’s financial health, Fox Factory Holding Corp reported $0.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Feb 29, 2016. Analyst had a consensus of $0.22. The company had revenue of $95.70 million for the quarter, compared to analysts expectations of $88.59 million. The company’s revenue was up 29.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 EPS.

Fox Factory Holding Corp. (FOX) is a designer manufacturer and marketer of ride dynamics component products used primarily on bicycles side-by-side vehicles or Side-by-Sides on-road vehicles with off-road capabilities off-road vehicles and trucks all-terrain vehicles or ATVs snowmobiles specialty vehicles and applications and motorcycles as well as suspension systems or life kits used on trucks. The Company’s products fall into the two categories: bikes and powered vehicles including Side-by-Sides on-road vehicles with off-road capabilities off-road vehicles and trucks ATVs snowmobiles specialty vehicles and applications and motorcycles. The Company is the holding company of Fox Factory Inc. The Company designs and markets its products to original equipment manufacturers (OEM’s) in its markets and to consumers through the aftermarket channel.

Leave a Reply

Fox Factory Holding Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on Fox Factory Holding Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.