Patrick M. Lavelle Acquires 9,000 Shares of VOXX International Co. (NASDAQ:VOXX) Stock

VOXX International Co. (NASDAQ:VOXXGet Rating) CEO Patrick M. Lavelle bought 9,000 shares of the company’s stock in a transaction on Friday, September 16th. The stock was purchased at an average cost of $7.42 per share, for a total transaction of $66,780.00. Following the completion of the transaction, the chief executive officer now owns 540,740 shares in the company, valued at $4,012,290.80. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

VOXX International Stock Performance

Shares of NASDAQ:VOXX opened at $7.38 on Thursday. The business has a 50 day moving average price of $8.76 and a 200 day moving average price of $8.75. VOXX International Co. has a twelve month low of $5.85 and a twelve month high of $13.41. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.65 and a current ratio of 1.73.

VOXX International (NASDAQ:VOXXGet Rating) last announced its earnings results on Monday, July 11th. The auto parts company reported ($0.27) earnings per share for the quarter. VOXX International had a negative net margin of 5.03% and a negative return on equity of 8.51%. The business had revenue of $128.73 million for the quarter.

Institutional Trading of VOXX International

Several hedge funds have recently added to or reduced their stakes in the business. Corton Capital Inc. bought a new stake in VOXX International during the 2nd quarter valued at approximately $180,000. Delphia USA Inc. bought a new stake in shares of VOXX International in the 2nd quarter worth approximately $196,000. AQR Capital Management LLC bought a new stake in shares of VOXX International in the 2nd quarter worth approximately $234,000. Cubist Systematic Strategies LLC bought a new stake in shares of VOXX International in the 2nd quarter worth approximately $128,000. Finally, Citadel Advisors LLC lifted its position in shares of VOXX International by 158.2% in the 2nd quarter. Citadel Advisors LLC now owns 41,567 shares of the auto parts company’s stock worth $387,000 after acquiring an additional 25,467 shares during the period. Institutional investors own 61.05% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on VOXX shares. StockNews.com raised VOXX International from a “sell” rating to a “hold” rating in a research report on Tuesday, August 9th. DA Davidson lowered their price objective on VOXX International from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Wednesday, July 13th. Finally, TheStreet lowered VOXX International from a “c-” rating to a “d+” rating in a report on Wednesday, June 1st.

About VOXX International

(Get Rating)

VOXX International Corporation, together with its subsidiaries, designs, 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; automotive power accessories; rear observation and collision avoidance systems; driver distraction products; power lift gates; mobile interface modules; turn signal switches; automotive lighting products; automotive sensing and camera systems; USB ports; cruise control systems; and heated seats.

Read More

Insider Buying and Selling by Quarter for VOXX International (NASDAQ:VOXX)

Receive News & Ratings for VOXX International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VOXX International and related companies with MarketBeat.com's FREE daily email newsletter.