Campbell & CO Investment Adviser LLC Has $3.11 Million Holdings in Fox Factory Holding Corp. $FOXF

Campbell & CO Investment Adviser LLC grew its stake in Fox Factory Holding Corp. (NASDAQ:FOXF) by 408.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 119,939 shares of the company’s stock after acquiring an additional 96,346 shares during the period. Campbell & CO Investment Adviser LLC owned 0.29% of Fox Factory worth $3,111,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. CWM LLC grew its stake in shares of Fox Factory by 76.2% during the first quarter. CWM LLC now owns 1,341 shares of the company’s stock valued at $31,000 after purchasing an additional 580 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in Fox Factory by 474.4% during the 1st quarter. Nisa Investment Advisors LLC now owns 1,993 shares of the company’s stock worth $47,000 after buying an additional 1,646 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Fox Factory by 136.1% during the 2nd quarter. GAMMA Investing LLC now owns 4,004 shares of the company’s stock worth $104,000 after buying an additional 2,308 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in Fox Factory by 46.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,766 shares of the company’s stock valued at $158,000 after buying an additional 2,156 shares during the last quarter. Finally, AlphaQuest LLC increased its stake in shares of Fox Factory by 1,826.7% in the 1st quarter. AlphaQuest LLC now owns 7,861 shares of the company’s stock valued at $183,000 after buying an additional 7,453 shares during the period.

Fox Factory Trading Down 25.5%

NASDAQ FOXF opened at $16.37 on Monday. Fox Factory Holding Corp. has a 12 month low of $16.04 and a 12 month high of $35.36. The stock has a 50-day simple moving average of $24.79 and a 200 day simple moving average of $25.91. The company has a current ratio of 3.03, a quick ratio of 1.36 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $684.28 million, a PE ratio of -2.71 and a beta of 1.43.

Fox Factory (NASDAQ:FOXF) last issued its earnings results on Thursday, November 6th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.33). The company had revenue of $376.36 million for the quarter, compared to the consensus estimate of $382.59 million. Fox Factory had a positive return on equity of 5.03% and a negative net margin of 17.50%.Fox Factory’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the business posted $0.35 EPS. Fox Factory has set its FY 2025 guidance at 0.920-1.120 EPS. Q4 2025 guidance at 0.050-0.250 EPS. Research analysts forecast that Fox Factory Holding Corp. will post 1.31 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Weiss Ratings restated a “sell (d)” rating on shares of Fox Factory in a research report on Wednesday, October 8th. Zacks Research lowered Fox Factory from a “hold” rating to a “strong sell” rating in a research report on Thursday. Stifel Nicolaus set a $33.00 target price on shares of Fox Factory in a research report on Tuesday, October 7th. Finally, B. Riley reaffirmed a “neutral” rating and issued a $32.00 target price (up previously from $26.00) on shares of Fox Factory in a research note on Friday, August 8th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company 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.