38,034 Shares in Fox Factory Holding Corp. $FOXF Acquired by Caprock Group LLC

Caprock Group LLC bought a new position in Fox Factory Holding Corp. (NASDAQ:FOXF) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 38,034 shares of the company’s stock, valued at approximately $924,000. Caprock Group LLC owned 0.09% of Fox Factory as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in FOXF. WCM Investment Management LLC acquired a new position in Fox Factory during the third quarter worth approximately $10,565,000. Geode Capital Management LLC grew its stake in shares of Fox Factory by 2.4% during the 2nd quarter. Geode Capital Management LLC now owns 1,039,477 shares of the company’s stock valued at $26,967,000 after buying an additional 24,156 shares during the period. Advantage Alpha Capital Partners LP increased its holdings in shares of Fox Factory by 54.5% during the 2nd quarter. Advantage Alpha Capital Partners LP now owns 134,371 shares of the company’s stock worth $3,486,000 after buying an additional 47,410 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Fox Factory during the 2nd quarter worth $1,016,000. Finally, Versor Investments LP raised its position in shares of Fox Factory by 202.9% in the 2nd quarter. Versor Investments LP now owns 34,223 shares of the company’s stock worth $888,000 after buying an additional 22,923 shares during the period.

Analyst Ratings Changes

Several equities research analysts have commented on FOXF shares. Roth Mkm dropped their price target on Fox Factory from $21.00 to $19.00 and set a “neutral” rating for the company in a research note on Tuesday, January 6th. CJS Securities upgraded Fox Factory to a “strong-buy” rating in a report on Thursday, December 11th. Zacks Research lowered shares of Fox Factory from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 4th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Fox Factory in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Fox Factory currently has an average rating of “Hold” and a consensus target price of $30.17.

Fox Factory Stock Performance

Shares of NASDAQ:FOXF opened at $19.31 on Monday. The business’s 50-day simple moving average is $18.25 and its 200 day simple moving average is $21.78. The company has a market cap of $807.16 million, a P/E ratio of -3.12 and a beta of 1.50. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.36 and a current ratio of 2.98. Fox Factory Holding Corp. has a one year low of $13.08 and a one year high of $31.18.

About Fox Factory

Fox Factory Holding Corp., headquartered in Duluth, Minnesota, designs, engineers and manufactures high-performance suspension systems, shock absorbers and related components for powersports, light-vehicle and mountain-bike applications. The company’s FOX brand offers a comprehensive portfolio of forks, shocks, coilovers and internal bypass dampers aimed at OEM and aftermarket customers seeking enhanced ride quality, control and durability across off-road vehicles, motorcycles and bicycles.

Founded in 1974 by Bob Fox in California, Fox Factory has expanded its technology base and market reach through strategic acquisitions such as Marzocchi Suspension, DVO Suspension and Walker Evans Racing.