Director Beat Kahli of VOXX International Co. (NASDAQ: VOXX) purchased 10,000 shares of the company’s stock on November 30. The shares were acquired for a total cost of $109,900.00, which works out to a price of $10.99 per share on average. The director now has a total of 5,470,000 shares in the company, which are worth a combined total of $60,115,300 due to the transaction. The transaction was disclosed in a legal document submitted to the Securities and Exchange Commission. This filing may be found on the SEC’s website.
Beat Kahli just recently finalized the following transaction(s):
The NASDAQ VOXX started trading at $10.99 on Thursday. The company currently has an $8.88 simple moving average over the past 50 days and an $8.67 simple moving average over the past 200 days. The price of VOXX International Co. hit a low of $5.85 during the 52 weeks, while it reached a high of $13.34 during the same period. There is a debt-to-equity ratio of 0.11, a quick ratio of 0.66, a current ratio of 1.84, and a quick ratio of 1.84.
Recently, VOXX has attracted the attention of several different research companies. Imperial Capital lowered its rating on shares of VOXX International from “outperform” to “in-line” and set a target price of $10.00 for the company’s stock in a research report published on Thursday, October 13. StockNews.com assigned VOXX International a “sell” rating in a research report published on Thursday, October 20. VOXX International was previously assigned a “hold” rating. Last but not least, in a research note issued on Thursday, October 13, DA Davidson lowered their target price on VOXX International shares from $16.00 to $10.00.
Several significant investors have been buying and selling VOXX stock during the most recent period. During the second quarter, Gladius Capital Management LP acquired a new position in VOXX International by paying about 61,000 dollars for such a stake. During the third quarter, D.A. Davidson & Co. made an investment in VOXX International for the amount of $91,000. During the second quarter, Annex Advisory Services LLC made a new investment in VOXX International worth USD 120,000. During the second quarter, Cubist Systematic Strategies LLC invested an additional $128,000 into its existing stake in VOXX International. Last but not least, during the second quarter, Round Rock Advisors LLC bought a new position in VOXX International for $140,000. Institutional investors and hedge funds currently own 61.05% of the company’s shares.
VOXX International Corp. is both a manufacturer and a retailer of electronic goods for consumers. It operates through its three distinct business segments in the electronic components, consumer electronics, and biometrics markets. The Automotive Electronics segment includes a variety of sub-sectors, including but not limited to entertainment devices, automotive security systems, remote start systems, mobile multimedia devices, and car-link smartphone telematics applications.