A Director at Fox Factory Holding (NASDAQ: FOXF) is Buying Shares

By Carrie Williams

Yesterday, a Director at Fox Factory Holding (FOXFResearch Report), Larry Enterline, bought shares of FOXF for $258K.

This recent transaction increases Larry Enterline’s holding in the company by 213.79% to a total of $8.69 million. In addition to Larry Enterline, 4 other FOXF executives reported Buy trades in the last month.

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Based on Fox Factory Holding’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $192 million and quarterly net profit of $22.92 million. In comparison, last year the company earned revenue of $157 million and had a net profit of $18.37 million. The company has a one-year high of $86.91 and a one-year low of $49.97. FOXF’s market cap is $2.66B and the company has a P/E ratio of 31.68.

In the last 30 days, insiders have sold $4.51M worth of FOXF shares and purchased $258K worth of FOXF shares. The insider sentiment on Fox Factory Holding has been negative according to 48 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Larry Enterline’s trades have generated a -9.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Fox Factory Holding Corp. engages in designing, engineering, manufacturing, and marketing performance ride dynamics products. Its product categories include bicycles; side-by-sides; on-road vehicles with off-road capabilities; off-road vehicles and trucks; all-terrain vehicles; snowmobiles; specialty vehicles and applications; and motorcycles.