Moors & Cabot Inc. cut its holdings in VOXX International Co. (NASDAQ:VOXX – Free Report) by 19.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 112,550 shares of the auto parts company’s stock after selling 26,706 shares during the quarter. Moors & Cabot Inc.’s holdings in VOXX International were worth $831,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the business. AlphaQuest LLC bought a new stake in shares of VOXX International during the fourth quarter valued at approximately $51,000. Wolverine Asset Management LLC bought a new stake in shares of VOXX International during the fourth quarter valued at approximately $92,000. Burney Co. bought a new stake in shares of VOXX International during the fourth quarter valued at approximately $103,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of VOXX International during the third quarter valued at approximately $142,000. Finally, State Street Corp increased its holdings in shares of VOXX International by 5.4% during the third quarter. State Street Corp now owns 52,408 shares of the auto parts company’s stock valued at $333,000 after acquiring an additional 2,700 shares in the last quarter. 71.00% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, StockNews.com started coverage on VOXX International in a report on Monday, March 10th. They set a “hold” rating for the company.
VOXX International Trading Up 0.3 %
NASDAQ VOXX opened at $7.48 on Friday. The company has a market cap of $168.51 million, a price-to-earnings ratio of -2.42 and a beta of 1.19. VOXX International Co. has a 52 week low of $2.27 and a 52 week high of $8.52. The business has a 50 day moving average price of $7.40 and a 200-day moving average price of $7.06. The company has a quick ratio of 0.97, a current ratio of 1.85 and a debt-to-equity ratio of 0.07.
VOXX International (NASDAQ:VOXX – Get Free Report) last announced 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 return on equity of 15.29% and a negative net margin of 18.06%.
VOXX International 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.
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