VOXX International Co. (NASDAQ:VOXX – Get Free Report) major shareholder Corp Gentex purchased 3,152,500 shares of the stock in a transaction on Friday, August 23rd. The shares were bought at an average price of $5.00 per share, for a total transaction of $15,762,500.00. Following the acquisition, the insider now owns 6,463,808 shares of the company’s stock, valued at $32,319,040. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
VOXX International Stock Down 5.1 %
VOXX stock opened at $4.87 on Friday. The business’s 50-day simple moving average is $2.91 and its 200 day simple moving average is $5.27. The company has a quick ratio of 1.11, a current ratio of 2.43 and a debt-to-equity ratio of 0.28. The company has a market cap of $109.48 million, a PE ratio of -2.90 and a beta of 1.18. VOXX International Co. has a twelve month low of $2.27 and a twelve month high of $11.74.
VOXX International (NASDAQ:VOXX – Get Free Report) last announced its quarterly earnings data on Wednesday, July 10th. The auto parts company reported ($0.40) earnings per share (EPS) for the quarter. The business had revenue of $91.66 million during the quarter. VOXX International had a negative net margin of 8.78% and a negative return on equity of 14.59%.
Institutional Trading of VOXX International
Analysts Set New Price Targets
Separately, StockNews.com upgraded VOXX International from a “sell” rating to a “hold” rating in a research note on Friday, July 19th.
View Our Latest Stock Analysis on VOXX
VOXX International Company Profile
VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. Its Automotive Electronics segment offers mobile multi-media infotainment products, including overhead, seat-back, and headrest systems; automotive security, vehicle access, and remote start systems; satellite radios comprising plug and play, and direct connect models; smart phone telematics applications; mobile interface modules; automotive power accessories; rear observation and collision avoidance systems; driver distraction products; power lift gates; turn signal switches; automotive lighting products; automotive sensing and camera systems; USB ports; cruise control systems; and heated seats.
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