Kahn Brothers Group Inc. DE Increases Stake in VOXX International Corp (VOXX)

Kahn Brothers Group Inc. DE grew its stake in shares of VOXX International Corp (NASDAQ:VOXX) by 4.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,788,078 shares of the auto parts company’s stock after purchasing an additional 155,216 shares during the period. VOXX International makes up 3.0% of Kahn Brothers Group Inc. DE’s investment portfolio, making the stock its 14th biggest holding. Kahn Brothers Group Inc. DE owned about 15.65% of VOXX International worth $19,698,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in VOXX. Laurion Capital Management LP acquired a new position in shares of VOXX International during the second quarter valued at about $139,000. GSA Capital Partners LLP raised its holdings in shares of VOXX International by 91.2% during the first quarter. GSA Capital Partners LLP now owns 30,272 shares of the auto parts company’s stock valued at $150,000 after purchasing an additional 14,441 shares during the period. Eqis Capital Management Inc. acquired a new position in shares of VOXX International during the second quarter valued at about $208,000. Raffles Associates LP acquired a new position in shares of VOXX International during the second quarter valued at about $270,000. Finally, LMR Partners LLP acquired a new position in shares of VOXX International during the second quarter valued at about $372,000. Hedge funds and other institutional investors own 56.92% of the company’s stock.

Shares of NASDAQ:VOXX traded down $0.01 during midday trading on Tuesday, hitting $5.22. 733 shares of the company’s stock were exchanged, compared to its average volume of 94,325. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.95 and a quick ratio of 1.59. The company has a market cap of $122.44 million, a PE ratio of 174.50 and a beta of 0.38. VOXX International Corp has a 12 month low of $4.64 and a 12 month high of $7.00.



VOXX International (NASDAQ:VOXX) last posted its earnings results on Thursday, October 11th. The auto parts company reported ($0.85) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.83). The business had revenue of $108.87 million for the quarter. VOXX International had a positive return on equity of 2.48% and a negative net margin of 0.11%. During the same period in the previous year, the firm posted ($0.03) earnings per share. On average, equities research analysts expect that VOXX International Corp will post 0.25 earnings per share for the current fiscal year.

VOXX has been the topic of several research reports. Zacks Investment Research upgraded shares of VOXX International from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 12th. ValuEngine raised shares of VOXX International from a “sell” rating to a “hold” rating in a research report on Monday, July 16th.

VOXX International Profile

VOXX International Corporation, together with its subsidiaries, manufactures and distributes automotive, audio, and consumer accessories worldwide. Its Automotive segment offers rear-seat entertainment devices, satellite radio products, automotive security and remote start systems, mobile multimedia devices, aftermarket/OE-styled radios, car link-smartphone telematics applications, collision avoidance systems, and location-based services.

Featured Article: Marijuana Stocks

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 Corp (NASDAQ:VOXX).

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

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

Leave a Reply