275,000 Shares in VOXX International Co. (NASDAQ:VOXX) Acquired by Gardner Lewis Asset Management L P

Gardner Lewis Asset Management L P bought a new stake in shares of VOXX International Co. (NASDAQ:VOXX) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 275,000 shares of the auto parts company’s stock, valued at approximately $2,030,000. Gardner Lewis Asset Management L P owned about 1.22% of VOXX International as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in VOXX. Dynamic Technology Lab Private Ltd purchased a new stake in VOXX International during the 3rd quarter worth about $142,000. State Street Corp raised its position in shares of VOXX International by 5.4% in the third quarter. State Street Corp now owns 52,408 shares of the auto parts company’s stock valued at $333,000 after buying an additional 2,700 shares during the last quarter. Tenzing Global Management LLC purchased a new position in shares of VOXX International during the third quarter valued at approximately $6,201,000. Burney Co. acquired a new stake in VOXX International during the fourth quarter worth approximately $103,000. Finally, Empowered Funds LLC grew its stake in VOXX International by 5.1% in the 4th quarter. Empowered Funds LLC now owns 105,239 shares of the auto parts company’s stock worth $777,000 after acquiring an additional 5,067 shares during the period. 71.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on VOXX International in a report on Wednesday. They set a “hold” rating on the stock.

VOXX International Trading Up 0.3 %

NASDAQ VOXX opened at $7.50 on Friday. The company has a 50-day moving average of $7.43 and a 200-day moving average of $7.22. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.85 and a quick ratio of 0.97. VOXX International Co. has a 12 month low of $2.27 and a 12 month high of $8.40. The company 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 announced its quarterly earnings results on Friday, February 7th. The auto parts company reported ($0.38) earnings per share 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.