State Street Corp boosted its position in shares of VOXX International Co. (NASDAQ:VOXX – Free Report) by 5.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,408 shares of the auto parts company’s stock after buying an additional 2,700 shares during the period. State Street Corp owned 0.23% of VOXX International worth $333,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd purchased a new position in shares of VOXX International during the third quarter worth approximately $142,000. Moors & Cabot Inc. boosted its stake in VOXX International by 6.1% during the 3rd quarter. Moors & Cabot Inc. now owns 139,256 shares of the auto parts company’s stock worth $886,000 after purchasing an additional 8,000 shares during the period. Empowered Funds LLC grew its position in VOXX International by 40.7% during the 3rd quarter. Empowered Funds LLC now owns 100,172 shares of the auto parts company’s stock worth $637,000 after purchasing an additional 28,982 shares during the last quarter. Well Done LLC increased its stake in VOXX International by 95.2% in the third quarter. Well Done LLC now owns 6,463,808 shares of the auto parts company’s stock valued at $41,110,000 after purchasing an additional 3,152,500 shares during the period. Finally, Marquette Asset Management LLC increased its stake in VOXX International by 60.0% in the third quarter. Marquette Asset Management LLC now owns 78,176 shares of the auto parts company’s stock valued at $497,000 after purchasing an additional 29,326 shares during the period. Hedge funds and other institutional investors own 71.00% of the company’s stock.
Analysts Set New Price Targets
Separately, StockNews.com initiated coverage on VOXX International in a report on Saturday, December 28th. They set a “hold” rating on the stock.
VOXX International Trading Up 0.1 %
Shares of VOXX stock opened at $7.33 on Friday. The company has a market capitalization of $164.96 million, a P/E ratio of -6.60 and a beta of 1.24. The company has a current ratio of 2.10, a quick ratio of 1.05 and a debt-to-equity ratio of 0.20. The business’s 50 day moving average is $7.41 and its two-hundred day moving average is $5.50. VOXX International Co. has a twelve month low of $2.27 and a twelve month high of $11.31.
VOXX International (NASDAQ:VOXX – Get Free Report) last posted its quarterly earnings data on Thursday, October 10th. The auto parts company reported $0.10 earnings per share for the quarter. The firm had revenue of $92.49 million for the quarter. VOXX International had a negative net margin of 6.06% and a negative return on equity of 9.88%.
About VOXX International
VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. It offers automotive security, vehicle access, and remote start modules and systems; smart phone telematics applications; mobile multi-media infotainment products and rear-seat entertainment products, including overhead, seat-back, and headrest systems; rear observation and collision avoidance systems; 360 camera applications; satellite radios comprising plug and play, and direct connect models; cruise control systems; audio products; heated seats; interior lighting solutions; security and shock sensors; turn signal switches; puddle lamps; box lights; harnesses; electric vehicle sound systems; and logo lighting modules.
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