Nisa Investment Advisors LLC Has $111,000 Position in Fox Factory Holding Corp. $FOXF

Nisa Investment Advisors LLC lifted its holdings in shares of Fox Factory Holding Corp. (NASDAQ:FOXF) by 115.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,288 shares of the company’s stock after acquiring an additional 2,295 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Fox Factory were worth $111,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. The Manufacturers Life Insurance Company boosted its stake in shares of Fox Factory by 4.2% during the 1st quarter. The Manufacturers Life Insurance Company now owns 1,409,387 shares of the company’s stock worth $32,895,000 after acquiring an additional 57,145 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Fox Factory by 14.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 711,977 shares of the company’s stock worth $16,618,000 after buying an additional 89,232 shares during the last quarter. Geneva Capital Management LLC lifted its stake in shares of Fox Factory by 4.0% during the 1st quarter. Geneva Capital Management LLC now owns 538,644 shares of the company’s stock worth $12,572,000 after buying an additional 20,692 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Fox Factory by 18.7% during the 1st quarter. Millennium Management LLC now owns 464,493 shares of the company’s stock worth $10,841,000 after buying an additional 73,090 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC lifted its stake in shares of Fox Factory by 35.6% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 369,230 shares of the company’s stock worth $8,618,000 after buying an additional 96,890 shares during the last quarter.

Fox Factory Price Performance

Fox Factory stock opened at $22.48 on Wednesday. The stock’s fifty day moving average price is $25.32 and its two-hundred day moving average price is $25.90. Fox Factory Holding Corp. has a one year low of $17.95 and a one year high of $37.69. The company has a debt-to-equity ratio of 0.70, a current ratio of 3.03 and a quick ratio of 1.36. The firm has a market cap of $939.69 million, a PE ratio of -3.72 and a beta of 1.37.

Fox Factory (NASDAQ:FOXF) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.03). Fox Factory had a positive return on equity of 5.03% and a negative net margin of 17.50%.The company had revenue of $374.86 million for the quarter, compared to the consensus estimate of $349.01 million. During the same quarter last year, the business earned $0.38 EPS. Fox Factory’s revenue was up 7.6% on a year-over-year basis. Fox Factory has set its FY 2025 guidance at 1.600-2.000 EPS. Q3 2025 guidance at 0.450-0.650 EPS. As a group, research analysts expect that Fox Factory Holding Corp. will post 1.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. B. Riley restated a “neutral” rating and set a $32.00 target price (up previously from $26.00) on shares of Fox Factory in a research note on Friday, August 8th. Stifel Nicolaus set a $33.00 target price on shares of Fox Factory in a research note on Tuesday, October 7th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Fox Factory in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Fox Factory currently has an average rating of “Hold” and a consensus price target of $32.40.

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.