Moors & Cabot Inc. Sells 26,706 Shares of VOXX International Co. (NASDAQ:VOXX)

Moors & Cabot Inc. lessened its holdings in VOXX International Co. (NASDAQ:VOXX) by 19.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 112,550 shares of the auto parts company’s stock after selling 26,706 shares during the period. Moors & Cabot Inc. owned about 0.50% of VOXX International worth $831,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. AlphaQuest LLC bought a new position in VOXX International in the fourth quarter valued at about $51,000. Wolverine Asset Management LLC bought a new position in VOXX International in the fourth quarter valued at about $92,000. Peapod Lane Capital LLC bought a new position in VOXX International in the fourth quarter valued at about $3,632,000. Empowered Funds LLC grew its position in VOXX International by 5.1% in the fourth quarter. Empowered Funds LLC now owns 105,239 shares of the auto parts company’s stock valued at $777,000 after acquiring an additional 5,067 shares during the last quarter. Finally, Burney Co. bought a new position in VOXX International in the fourth quarter valued at about $103,000. Institutional investors own 71.00% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on VOXX International in a research report on Monday, March 10th. They issued a “hold” rating on the stock.

VOXX International Stock Performance

Shares of VOXX stock opened at $7.48 on Friday. The business’s 50-day moving average price is $7.40 and its 200-day moving average price is $7.06. VOXX International Co. has a 12 month low of $2.27 and a 12 month high of $8.52. The firm has a market capitalization of $168.51 million, a price-to-earnings ratio of -2.42 and a beta of 1.19. The company has a current ratio of 1.85, a quick ratio of 0.97 and a debt-to-equity ratio of 0.07.

VOXX International (NASDAQ:VOXX) last announced its quarterly earnings results on Friday, February 7th. The auto parts company reported ($0.38) EPS for the quarter. VOXX International had a negative net margin of 18.06% and a negative return on equity of 15.29%.

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.