VOXX International Corporation (VOXX) Position Trimmed by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. trimmed its holdings in shares of VOXX International Corporation (NASDAQ:VOXX) by 68.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,500 shares of the auto parts company’s stock after selling 64,800 shares during the period. Oppenheimer & Co. Inc. owned 0.12% of VOXX International Corporation worth $242,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in VOXX. Wells Fargo & Company MN increased its stake in shares of VOXX International Corporation by 1,387.4% in the 1st quarter. Wells Fargo & Company MN now owns 65,075 shares of the auto parts company’s stock valued at $338,000 after buying an additional 60,700 shares during the period. Bank of New York Mellon Corp increased its position in shares of VOXX International Corporation by 2.4% in the first quarter. Bank of New York Mellon Corp now owns 27,847 shares of the auto parts company’s stock valued at $144,000 after acquiring an additional 640 shares during the last quarter. California Public Employees Retirement System increased its position in shares of VOXX International Corporation by 10.4% in the first quarter. California Public Employees Retirement System now owns 226,700 shares of the auto parts company’s stock valued at $1,179,000 after acquiring an additional 21,300 shares during the last quarter. Royce & Associates LP increased its position in shares of VOXX International Corporation by 1.8% in the first quarter. Royce & Associates LP now owns 1,815,475 shares of the auto parts company’s stock valued at $9,440,000 after acquiring an additional 31,600 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of VOXX International Corporation by 3.2% in the first quarter. Dimensional Fund Advisors LP now owns 1,847,067 shares of the auto parts company’s stock valued at $9,605,000 after acquiring an additional 58,069 shares during the last quarter. 59.04% of the stock is owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY NOTICE: “VOXX International Corporation (VOXX) Position Trimmed by Oppenheimer & Co. Inc.” was reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this story on another publication, it was illegally stolen and reposted in violation of international copyright and trademark law. The correct version of this story can be viewed at https://www.chaffeybreeze.com/2017/09/21/voxx-international-corporation-voxx-position-trimmed-by-oppenheimer-co-inc.html.

Shares of VOXX International Corporation (NASDAQ:VOXX) opened at 7.95 on Thursday. The firm has a market capitalization of $192.07 million, a P/E ratio of 34.57 and a beta of 0.90. VOXX International Corporation has a 12-month low of $2.50 and a 12-month high of $9.00. The company has a 50-day moving average price of $7.60 and a 200-day moving average price of $6.59.

VOXX International Corporation (NASDAQ:VOXX) last posted its quarterly earnings results on Monday, July 10th. The auto parts company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.06). The business had revenue of $159.10 million during the quarter, compared to the consensus estimate of $156.00 million. VOXX International Corporation had a return on equity of 1.45% and a net margin of 0.83%. The business’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.18) earnings per share. Equities analysts predict that VOXX International Corporation will post $0.25 EPS for the current year.

A number of brokerages have weighed in on VOXX. Cowen and Company reissued a “hold” rating and set a $7.00 price target on shares of VOXX International Corporation in a research report on Friday, July 14th. Zacks Investment Research cut VOXX International Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th.

About VOXX International Corporation

VOXX International Corporation is an international manufacturer and distributor in the automotive, audio and consumer accessories industries. The Company’s segments include Automotive, Premium Audio and Consumer Accessories. The Automotive segment designs, manufactures, distributes and markets rear-seat entertainment devices, satellite radio products, remote start systems, digital television tuners, mobile antennas, mobile multimedia devices, car link-smartphone telematics application, collision avoidance systems and others.

Want to see what other hedge funds are holding VOXX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VOXX International Corporation (NASDAQ:VOXX).

Institutional Ownership by Quarter for VOXX International Corporation (NASDAQ:VOXX)

Receive News & Ratings for VOXX International Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VOXX International Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply