Capital Fund Management S.A. Purchases Shares of 45,187 Fox Factory Holding Corp. $FOXF

Capital Fund Management S.A. acquired a new stake in Fox Factory Holding Corp. (NASDAQ:FOXF) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 45,187 shares of the company’s stock, valued at approximately $1,172,000. Capital Fund Management S.A. owned approximately 0.11% of Fox Factory as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Advantage Alpha Capital Partners LP lifted its holdings in Fox Factory by 54.5% in the 2nd quarter. Advantage Alpha Capital Partners LP now owns 134,371 shares of the company’s stock worth $3,486,000 after purchasing an additional 47,410 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Fox Factory by 12.3% during the second quarter. Russell Investments Group Ltd. now owns 7,818 shares of the company’s stock valued at $203,000 after buying an additional 858 shares during the last quarter. XTX Topco Ltd purchased a new position in shares of Fox Factory in the second quarter worth $1,016,000. Bullseye Asset Management LLC boosted its position in shares of Fox Factory by 358.8% during the second quarter. Bullseye Asset Management LLC now owns 192,450 shares of the company’s stock worth $4,992,000 after acquiring an additional 150,508 shares during the last quarter. Finally, Summit Global Investments bought a new position in shares of Fox Factory during the second quarter worth $429,000.

Analyst Ratings Changes

FOXF has been the topic of a number of research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Fox Factory in a report on Wednesday, October 8th. Stifel Nicolaus set a $33.00 price objective on Fox Factory in a research report on Tuesday, October 7th. Zacks Research cut Fox Factory from a “hold” rating to a “strong sell” rating in a report on Thursday, November 6th. Finally, B. Riley reiterated a “neutral” rating and issued a $32.00 target price (up from $26.00) on shares of Fox Factory in a research report on Friday, August 8th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $32.40.

Fox Factory Stock Performance

Shares of NASDAQ:FOXF opened at $16.46 on Friday. The firm has a fifty day simple moving average of $19.99 and a two-hundred day simple moving average of $24.83. Fox Factory Holding Corp. has a 52 week low of $13.08 and a 52 week high of $33.73. The company has a quick ratio of 1.36, a current ratio of 2.98 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $688.03 million, a P/E ratio of -2.66 and a beta of 1.53.

Fox Factory (NASDAQ:FOXF) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.33). The business had revenue of $376.36 million during the quarter, compared to the consensus estimate of $382.59 million. Fox Factory had a negative net margin of 17.66% and a positive return on equity of 4.84%. The firm’s revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.35 EPS. Fox Factory has set its FY 2025 guidance at 0.920-1.120 EPS and its Q4 2025 guidance at 0.050-0.250 EPS. On average, analysts expect that Fox Factory Holding Corp. will post 1.31 earnings per share for the current fiscal year.

Fox Factory Profile

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.