Fox Factory Holding Corp. $FOXF Shares Sold by Woodson Capital Management LP

Woodson Capital Management LP lessened its position in Fox Factory Holding Corp. (NASDAQ:FOXF) by 6.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 420,000 shares of the company’s stock after selling 30,000 shares during the quarter. Fox Factory makes up about 1.8% of Woodson Capital Management LP’s portfolio, making the stock its 21st largest holding. Woodson Capital Management LP’s holdings in Fox Factory were worth $10,202,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Royal Bank of Canada increased its position in Fox Factory by 82.2% during the first quarter. Royal Bank of Canada now owns 12,898 shares of the company’s stock worth $301,000 after purchasing an additional 5,820 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Fox Factory by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,142 shares of the company’s stock worth $587,000 after acquiring an additional 1,103 shares during the period. Millennium Management LLC boosted its stake in shares of Fox Factory by 18.7% in the 1st quarter. Millennium Management LLC now owns 464,493 shares of the company’s stock valued at $10,841,000 after buying an additional 73,090 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Fox Factory in the 1st quarter valued at approximately $263,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Fox Factory by 20.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 87,431 shares of the company’s stock valued at $2,041,000 after buying an additional 15,021 shares in the last quarter.

Fox Factory Stock Up 2.4%

FOXF stock opened at $19.30 on Friday. The company has a market cap of $806.74 million, a price-to-earnings ratio of -3.12 and a beta of 1.46. The company has a quick ratio of 1.36, a current ratio of 2.98 and a debt-to-equity ratio of 0.69. Fox Factory Holding Corp. has a 12-month low of $13.08 and a 12-month high of $31.18. The company has a 50 day moving average of $16.48 and a two-hundred day moving average of $23.19.

Fox Factory (NASDAQ:FOXF) last posted its earnings results on Thursday, November 6th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.33). Fox Factory had a positive return on equity of 4.84% and a negative net margin of 17.66%.The business had revenue of $376.36 million for the quarter, compared to analyst estimates of $382.59 million. During the same period in the previous year, the company earned $0.35 earnings per share. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. Fox Factory has set its FY 2025 guidance at 0.920-1.120 EPS and its Q4 2025 guidance at 0.050-0.250 EPS. On average, equities analysts anticipate that Fox Factory Holding Corp. will post 1.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on FOXF. CJS Securities upgraded shares of Fox Factory to a “strong-buy” rating in a research note on Thursday, December 11th. Stifel Nicolaus set a $33.00 price target on Fox Factory in a report on Tuesday, October 7th. Roth Capital cut their price objective on Fox Factory from $21.00 to $19.00 and set a “neutral” rating for the company in a research report on Tuesday, January 6th. Zacks Research upgraded Fox Factory from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 6th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Fox Factory in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $30.17.

Fox Factory Company Profile

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.