Fox Factory Holding Corp. (NASDAQ:FOXF) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its stake in Fox Factory Holding Corp. (NASDAQ:FOXF) by 2.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,857 shares of the company’s stock after selling 395 shares during the quarter. Yousif Capital Management LLC’s holdings in Fox Factory were worth $480,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Caprock Group LLC increased its stake in Fox Factory by 133.7% in the fourth quarter. Caprock Group LLC now owns 22,396 shares of the company’s stock valued at $678,000 after purchasing an additional 12,813 shares during the last quarter. KBC Group NV increased its stake in Fox Factory by 80.4% in the fourth quarter. KBC Group NV now owns 2,484 shares of the company’s stock valued at $75,000 after purchasing an additional 1,107 shares during the last quarter. Inspire Investing LLC increased its stake in Fox Factory by 32.8% in the fourth quarter. Inspire Investing LLC now owns 13,163 shares of the company’s stock valued at $398,000 after purchasing an additional 3,253 shares during the last quarter. D.B. Root & Company LLC increased its stake in Fox Factory by 45.2% in the fourth quarter. D.B. Root & Company LLC now owns 8,801 shares of the company’s stock valued at $266,000 after purchasing an additional 2,741 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in Fox Factory in the fourth quarter valued at $544,000.

Fox Factory Price Performance

FOXF stock opened at $25.80 on Monday. Fox Factory Holding Corp. has a 12-month low of $25.17 and a 12-month high of $68.85. The stock has a 50-day moving average price of $28.76 and a two-hundred day moving average price of $34.71. The company has a current ratio of 3.21, a quick ratio of 1.62 and a debt-to-equity ratio of 0.62. The company has a market cap of $1.08 billion, a PE ratio of 99.23, a price-to-earnings-growth ratio of 1.44 and a beta of 1.58.

Analyst Upgrades and Downgrades

FOXF has been the subject of several analyst reports. Robert W. Baird dropped their target price on Fox Factory from $45.00 to $38.00 and set a “neutral” rating for the company in a research note on Friday, November 1st. Roth Mkm lowered their price target on Fox Factory from $45.00 to $36.00 and set a “neutral” rating for the company in a research report on Friday, November 1st. Truist Financial lowered their price target on Fox Factory from $42.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, January 7th. StockNews.com raised Fox Factory from a “sell” rating to a “hold” rating in a research report on Thursday, November 28th. Finally, Stifel Nicolaus raised Fox Factory from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research report on Wednesday, December 11th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $40.33.

Fox Factory Profile

Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance-defining products and system worldwide. The company offers powered vehicle products for side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, and specialty vehicles and applications, such as military, motorcycles, and commercial trucks; lift kits and components with shock products and aftermarket accessory packages for trucks; and mid-end and high-end front fork and rear suspension products.