Campbell & CO Investment Adviser LLC Acquires 96,346 Shares of Fox Factory Holding Corp. $FOXF

Campbell & CO Investment Adviser LLC raised its holdings in Fox Factory Holding Corp. (NASDAQ:FOXF) by 408.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 119,939 shares of the company’s stock after acquiring an additional 96,346 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Fox Factory were worth $3,111,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of FOXF. Inspire Investing LLC lifted its holdings in shares of Fox Factory by 3.6% during the 2nd quarter. Inspire Investing LLC now owns 15,079 shares of the company’s stock valued at $391,000 after purchasing an additional 523 shares in the last quarter. Truist Financial Corp increased its stake in Fox Factory by 3.8% during the 2nd quarter. Truist Financial Corp now owns 15,576 shares of the company’s stock worth $404,000 after purchasing an additional 571 shares in the last quarter. CWM LLC raised its holdings in Fox Factory by 76.2% during the 1st quarter. CWM LLC now owns 1,341 shares of the company’s stock worth $31,000 after buying an additional 580 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Fox Factory by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,142 shares of the company’s stock valued at $587,000 after buying an additional 1,103 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. lifted its stake in Fox Factory by 21.0% in the second quarter. Resona Asset Management Co. Ltd. now owns 7,503 shares of the company’s stock valued at $194,000 after buying an additional 1,300 shares in the last quarter.

Fox Factory Stock Down 25.5%

Shares of FOXF stock opened at $16.37 on Monday. The firm’s fifty day moving average price is $24.79 and its two-hundred day moving average price is $25.91. The company has a current ratio of 3.03, a quick ratio of 1.36 and a debt-to-equity ratio of 0.70. Fox Factory Holding Corp. has a 1 year low of $16.04 and a 1 year high of $35.36. The firm has a market capitalization of $684.28 million, a P/E ratio of -2.71 and a beta of 1.43.

Fox Factory (NASDAQ:FOXF) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.33). The business had revenue of $376.36 million for the quarter, compared to analyst estimates of $382.59 million. Fox Factory had a positive return on equity of 5.03% and a negative net margin of 17.50%.The company’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.35 earnings per share. Fox Factory has set its FY 2025 guidance at 0.920-1.120 EPS. Q4 2025 guidance at 0.050-0.250 EPS. On average, equities analysts predict that Fox Factory Holding Corp. will post 1.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on FOXF. B. Riley reissued a “neutral” rating and set a $32.00 price objective (up previously from $26.00) on shares of Fox Factory in a research report on Friday, August 8th. Zacks Research lowered shares of Fox Factory from a “hold” rating to a “strong sell” rating in a research note on Thursday. Weiss Ratings reissued a “sell (d)” rating on shares of Fox Factory in a research note on Wednesday, October 8th. Finally, Stifel Nicolaus set a $33.00 price target on Fox Factory in a report on Tuesday, October 7th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $32.40.

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.