Kahn Brothers Group Inc. Purchases 10,868 Shares of VOXX International Co. (NASDAQ:VOXX)

Kahn Brothers Group Inc. boosted its position in shares of VOXX International Co. (NASDAQ:VOXX) by 10.5% in the 4th quarter, HoldingsChannel reports. The firm owned 114,676 shares of the auto parts company’s stock after buying an additional 10,868 shares during the period. VOXX International accounts for about 0.2% of Kahn Brothers Group Inc.’s investment portfolio, making the stock its 26th largest holding. Kahn Brothers Group Inc.’s holdings in VOXX International were worth $846,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AlphaQuest LLC acquired a new stake in shares of VOXX International during the fourth quarter worth approximately $51,000. Cubist Systematic Strategies LLC bought a new stake in VOXX International during the 4th quarter worth approximately $66,000. Barclays PLC acquired a new stake in VOXX International during the 4th quarter valued at $69,000. Wolverine Asset Management LLC bought a new position in VOXX International in the 4th quarter valued at $92,000. Finally, Schonfeld Strategic Advisors LLC acquired a new position in VOXX International in the fourth quarter worth $96,000. 71.00% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on VOXX International in a research note on Monday, May 5th. They issued a “hold” rating for the company.

VOXX International Stock Performance

Shares of VOXX International stock opened at $7.50 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.85 and a quick ratio of 0.97. The firm has a 50 day simple moving average of $7.49 and a 200 day simple moving average of $7.44. VOXX International Co. has a fifty-two week low of $2.27 and a fifty-two week high of $8.12. The firm has a market cap of $168.96 million, a P/E ratio of -2.43 and a beta of 1.19.

VOXX International (NASDAQ:VOXX) last issued its quarterly earnings results on Friday, February 7th. The auto parts company reported ($0.38) earnings per share (EPS) for the quarter. VOXX International had a negative net margin of 18.06% and a negative return on equity of 15.29%.

VOXX International Company Profile

VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. It offers automotive security, vehicle access, and remote start modules and systems; smart phone telematics applications; mobile multi-media infotainment products and rear-seat entertainment products, including overhead, seat-back, and headrest systems; rear observation and collision avoidance systems; 360 camera applications; satellite radios comprising plug and play, and direct connect models; cruise control systems; audio products; heated seats; interior lighting solutions; security and shock sensors; turn signal switches; puddle lamps; box lights; harnesses; electric vehicle sound systems; and logo lighting modules.