KD Logo

Understanding the Risks of Investing in Fox Factory Holding Corp (FOXF)

CHWY Stock

In a filing, Fox Factory Holding Corp revealed its Former Officer Fletcher Thomas L. acquired Company’s shares for reported $54289.0 on Oct 01 ’24. In the deal valued at $41.28 per share,1,315 shares were bought.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Tutton Christopher bought 2,000 shares, generating $82,000 in total proceeds.

Before that, Tutton Christopher sold 3,000 shares. Fox Factory Holding Corp shares valued at $120,030 were divested by the insider (A) at a price of $40.01 per share. As a result of the transaction, Tutton Christopher now holds 14,637 shares, worth roughly $0.51 million.

BofA Securities downgraded its Fox Factory Holding Corp [FOXF] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Hold”. B. Riley Securities also remained covering FOXF and has decreased its forecast on November 03, 2023 with a “Neutral” recommendation from previously “Buy” rating. B. Riley Securities started covering the stock on June 29, 2023. It rated FOXF as “a Buy”.

Price Performance Review of FOXF

On Monday, Fox Factory Holding Corp [NASDAQ:FOXF] saw its stock jump 2.15% to $34.76. Over the last five days, the stock has gained 3.51%. Fox Factory Holding Corp shares have fallen nearly -48.49% since the year began. Nevertheless, the stocks have fallen -36.82% over the past one year. While a 52-week high of $70.13 was reached on 01/02/24, a 52-week low of $31.19 was recorded on 11/01/24. SMA at 50 days reached $38.82, while 200 days put it at $45.88.

Levels Of Support And Resistance For FOXF Stock

The 24-hour chart illustrates a support level at 34.17, which if violated will result in even more drops to 33.58. On the upside, there is a resistance level at 35.25. A further resistance level may holdings at 35.74. The Relative Strength Index (RSI) on the 14-day chart is 38.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.19%. Stochastics %K at 42.53% indicates the stock is a holding.

How much short interest is there in Fox Factory Holding Corp?

A steep rise in short interest was recorded in Fox Factory Holding Corp stocks on 2024-10-15, growing by 20284.0 shares to a total of 3.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 3.14 million shares. There was a rise of 0.64%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on April 05, 2023 when ROTH MKM began covering the stock and recommended ‘”a Neutral”‘ rating along with a $126 price target.

Most Popular