Peapod Lane Capital LLC Invests $3.63 Million in VOXX International Co. (NASDAQ:VOXX)

Peapod Lane Capital LLC acquired a new stake in VOXX International Co. (NASDAQ:VOXX) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 492,124 shares of the auto parts company’s stock, valued at approximately $3,632,000. VOXX International accounts for 3.6% of Peapod Lane Capital LLC’s holdings, making the stock its 5th largest holding. Peapod Lane Capital LLC owned approximately 2.19% of VOXX International as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Well Done LLC lifted its stake in shares of VOXX International by 95.2% in the 3rd quarter. Well Done LLC now owns 6,463,808 shares of the auto parts company’s stock valued at $41,110,000 after purchasing an additional 3,152,500 shares during the period. Tenzing Global Management LLC bought a new stake in VOXX International in the third quarter valued at about $6,201,000. Empowered Funds LLC lifted its stake 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 buying an additional 28,982 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in VOXX International during the third quarter worth about $142,000. Finally, Burney Co. acquired a new position in shares of VOXX International during the 4th quarter worth about $103,000. 71.00% of the stock is owned by institutional investors.

VOXX International Price Performance

Shares of VOXX stock opened at $7.46 on Thursday. The company has a quick ratio of 1.05, a current ratio of 2.10 and a debt-to-equity ratio of 0.20. VOXX International Co. has a 12-month low of $2.27 and a 12-month high of $9.22. The firm has a fifty day moving average of $7.41 and a 200-day moving average of $6.39. The firm has a market capitalization of $167.85 million, a price-to-earnings ratio of -6.72 and a beta of 1.23.

VOXX International (NASDAQ:VOXX) last posted its earnings results on Friday, February 7th. The auto parts company reported ($0.38) earnings per share (EPS) for the quarter. VOXX International had a negative net margin of 6.06% and a negative return on equity of 9.88%.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of VOXX International in a research report on Thursday, February 6th. They issued a “hold” rating on the stock.

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.