Geode Capital Management LLC Has $604,000 Position in VOXX International Co. (NASDAQ:VOXX)

Geode Capital Management LLC lowered its position in VOXX International Co. (NASDAQ:VOXX) by 30.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 94,996 shares of the auto parts company’s stock after selling 41,512 shares during the period. Geode Capital Management LLC’s holdings in VOXX International were worth $604,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in VOXX. Acadian Asset Management LLC acquired a new position in VOXX International in the second quarter worth approximately $44,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in VOXX International during the second quarter worth approximately $63,000. Marshall Wace LLP bought a new stake in VOXX International during the second quarter worth approximately $67,000. Squarepoint Ops LLC bought a new stake in VOXX International during the second quarter worth approximately $130,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in VOXX International during the third quarter worth approximately $142,000. Institutional investors and hedge funds own 71.00% of the company’s stock.

VOXX International Stock Up 0.3 %

Shares of VOXX International stock opened at $7.33 on Friday. VOXX International Co. has a 12-month low of $2.27 and a 12-month high of $9.88. The company has a quick ratio of 1.05, a current ratio of 2.10 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $164.96 million, a P/E ratio of -6.60 and a beta of 1.24. The stock has a 50 day moving average price of $7.37 and a two-hundred day moving average price of $5.65.

VOXX International (NASDAQ:VOXX) last posted its quarterly earnings data on Thursday, October 10th. The auto parts company reported $0.10 earnings per share for the quarter. The company had revenue of $92.49 million during the quarter. VOXX International had a negative return on equity of 9.88% and a negative net margin of 6.06%.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on VOXX International in a research report on Sunday, January 5th. They set a “hold” rating for the company.

VOXX International Company Profile

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.