Rangeley Capital LLC Purchases New Position in VOXX International Co. (NASDAQ:VOXX)

Rangeley Capital LLC bought a new stake in VOXX International Co. (NASDAQ:VOXX) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 35,600 shares of the auto parts company’s stock, valued at approximately $263,000.

Several other large investors also recently modified their holdings of VOXX. Tenzing Global Management LLC acquired a new position in VOXX International in the third quarter worth about $6,201,000. Peapod Lane Capital LLC acquired a new stake in VOXX International in the 4th quarter valued at approximately $3,632,000. Gardner Lewis Asset Management L P bought a new stake in shares of VOXX International during the fourth quarter valued at about $2,030,000. Empowered Funds LLC lifted its stake in shares of 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. Finally, State Street Corp lifted 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 worth $333,000 after purchasing an additional 2,700 shares during the period. 71.00% of the stock is currently owned by institutional investors and hedge funds.

VOXX International Stock Performance

Shares of NASDAQ VOXX opened at $7.50 on Thursday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.97 and a current ratio of 1.85. The stock has a market cap of $168.96 million, a price-to-earnings ratio of -2.43 and a beta of 1.19. VOXX International Co. has a 52 week low of $2.27 and a 52 week high of $8.40. The business has a 50 day simple moving average of $7.44 and a 200 day simple moving average of $7.28.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on VOXX International in a research note on Thursday. They set a “hold” rating for the company.

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.