Fox Factory Holding Corp. (NASDAQ:FOXF) Shares Bought by KBC Group NV

KBC Group NV boosted its stake in shares of Fox Factory Holding Corp. (NASDAQ:FOXF) by 80.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,484 shares of the company’s stock after buying an additional 1,107 shares during the period. KBC Group NV’s holdings in Fox Factory were worth $75,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FOXF. AQR Capital Management LLC boosted its stake in Fox Factory by 36.3% during the second quarter. AQR Capital Management LLC now owns 7,132 shares of the company’s stock worth $342,000 after buying an additional 1,901 shares during the last quarter. Creative Planning boosted its stake in Fox Factory by 117.5% during the second quarter. Creative Planning now owns 9,053 shares of the company’s stock worth $436,000 after buying an additional 4,890 shares during the last quarter. Truist Financial Corp boosted its stake in Fox Factory by 95.2% during the second quarter. Truist Financial Corp now owns 19,753 shares of the company’s stock worth $952,000 after buying an additional 9,632 shares during the last quarter. Park Avenue Securities LLC boosted its stake in Fox Factory by 7.3% during the third quarter. Park Avenue Securities LLC now owns 6,023 shares of the company’s stock worth $250,000 after buying an additional 410 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in Fox Factory by 86.0% during the third quarter. GAMMA Investing LLC now owns 599 shares of the company’s stock worth $25,000 after buying an additional 277 shares during the last quarter.

Fox Factory Price Performance

FOXF stock opened at $25.80 on Monday. 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 capitalization of $1.08 billion, a PE ratio of 99.23, a P/E/G ratio of 1.44 and a beta of 1.58. Fox Factory Holding Corp. has a 12-month low of $25.55 and a 12-month high of $69.46. The business’s fifty day moving average price is $29.34 and its 200 day moving average price is $35.64.

Wall Street Analysts Forecast Growth

FOXF has been the topic of a number of recent research reports. Robert W. Baird lowered their price objective on Fox Factory from $45.00 to $38.00 and set a “neutral” rating on the stock in a research note on Friday, November 1st. Truist Financial reduced their target price on Fox Factory from $42.00 to $40.00 and set a “buy” rating on the stock in a research report on Tuesday, January 7th. Roth Mkm reduced their target price on Fox Factory from $45.00 to $36.00 and set a “neutral” rating on the stock in a research report on Friday, November 1st. StockNews.com upgraded Fox Factory from a “sell” rating to a “hold” rating in a research report on Thursday, November 28th. Finally, Stifel Nicolaus upgraded Fox Factory from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a research report on Wednesday, December 11th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $40.33.

About Fox Factory

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.