VOXX International Co. (NASDAQ:VOXX) Shares Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio boosted its holdings in VOXX International Co. (NASDAQ:VOXX) by 650.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,500 shares of the auto parts company’s stock after acquiring an additional 6,500 shares during the period. Public Employees Retirement System of Ohio’s holdings in VOXX International were worth $60,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in shares of VOXX International in the second quarter valued at approximately $31,000. California State Teachers Retirement System acquired a new stake in VOXX International during the 2nd quarter valued at $58,000. BNP Paribas Arbitrage SNC acquired a new position in shares of VOXX International in the second quarter worth $60,000. Wells Fargo & Company MN lifted its position in shares of VOXX International by 5,361.9% in the second quarter. Wells Fargo & Company MN now owns 5,298 shares of the auto parts company’s stock valued at $66,000 after acquiring an additional 5,201 shares in the last quarter. Finally, Barclays PLC purchased a new stake in VOXX International during the 1st quarter worth about $74,000. 71.00% of the stock is currently owned by hedge funds and other institutional investors.

VOXX International Stock Down 1.2 %

VOXX stock opened at $8.16 on Friday. The stock has a market capitalization of $184.42 million, a P/E ratio of -4.98 and a beta of 1.29. VOXX International Co. has a one year low of $7.24 and a one year high of $14.75. The company has a 50 day moving average price of $8.40 and a two-hundred day moving average price of $9.14. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.81.

VOXX International (NASDAQ:VOXX) last released its earnings results on Wednesday, January 10th. The auto parts company reported $0.08 EPS for the quarter, beating the consensus estimate of ($0.10) by $0.18. The company had revenue of $135.26 million during the quarter. VOXX International had a negative return on equity of 13.63% and a negative net margin of 7.87%.

Insider Buying and Selling at VOXX International

In other VOXX International news, Director Steven R. Downing purchased 1,568,750 shares of the firm’s stock in a transaction dated Friday, January 5th. The stock was acquired at an average cost of $10.00 per share, with a total value of $15,687,500.00. Following the acquisition, the director now owns 3,312,558 shares of the company’s stock, valued at approximately $33,125,580. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 48.31% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of VOXX International from a “buy” rating to a “hold” rating in a report on Friday, March 8th.

VOXX International Company Profile

VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. Its Automotive Electronics segment offers mobile multi-media infotainment products, including overhead, seat-back, and headrest systems; automotive security, vehicle access, and remote start systems; satellite radios comprising plug and play, and direct connect models; smart phone telematics applications; mobile interface modules; automotive power accessories; rear observation and collision avoidance systems; driver distraction products; power lift gates; turn signal switches; automotive lighting products; automotive sensing and camera systems; USB ports; cruise control systems; and heated seats.