12,500 Shares in VOXX International Co. (NASDAQ:VOXX) Acquired by Wolverine Asset Management LLC

Wolverine Asset Management LLC bought a new position in shares of VOXX International Co. (NASDAQ:VOXX) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,500 shares of the auto parts company’s stock, valued at approximately $92,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Burney Co. acquired a new stake in VOXX International in the fourth quarter valued at approximately $103,000. Dynamic Technology Lab Private Ltd acquired a new stake in VOXX International in the third quarter valued at approximately $142,000. State Street Corp grew its position in 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 acquiring an additional 2,700 shares in the last quarter. Empowered Funds LLC grew its position in VOXX International by 40.7% in the third quarter. Empowered Funds LLC now owns 100,172 shares of the auto parts company’s stock valued at $637,000 after acquiring an additional 28,982 shares in the last quarter. Finally, Moors & Cabot Inc. grew its position in VOXX International by 6.1% in the third quarter. Moors & Cabot Inc. now owns 139,256 shares of the auto parts company’s stock valued at $886,000 after acquiring an additional 8,000 shares in the last quarter. Institutional investors and hedge funds own 71.00% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of VOXX International in a research report on Saturday. They issued a “hold” rating for the company.

VOXX International Price Performance

VOXX stock opened at $7.45 on Tuesday. VOXX International Co. has a twelve month low of $2.27 and a twelve month high of $9.22. The company has a current ratio of 1.85, a quick ratio of 0.97 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $167.83 million, a P/E ratio of -2.41 and a beta of 1.23. The firm has a 50 day simple moving average of $7.37 and a 200-day simple moving average of $6.69.

VOXX International (NASDAQ:VOXX) last released 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 return on equity of 15.29% and a negative net margin of 18.06%.

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.