Wolverine Asset Management LLC Acquires New Holdings in VOXX International Co. (NASDAQ:VOXX)

Wolverine Asset Management LLC acquired a new stake in VOXX International Co. (NASDAQ:VOXX) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,500 shares of the auto parts company’s stock, valued at approximately $92,000. Wolverine Asset Management LLC owned about 0.06% of VOXX International at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. State Street Corp grew its stake in VOXX International by 5.4% in the 3rd 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 during the last quarter. Empowered Funds LLC lifted its holdings in VOXX International by 5.1% in the 4th quarter. Empowered Funds LLC now owns 105,239 shares of the auto parts company’s stock valued at $777,000 after purchasing an additional 5,067 shares in the last quarter. Moors & Cabot Inc. lifted its holdings in VOXX International by 6.1% in the 3rd quarter. Moors & Cabot Inc. now owns 139,256 shares of the auto parts company’s stock valued at $886,000 after purchasing an additional 8,000 shares in the last quarter. Burney Co. purchased a new position in VOXX International in the 4th quarter valued at about $103,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in VOXX International in the 3rd quarter valued at about $142,000. 71.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of VOXX International in a report on Saturday. They issued a “hold” rating on the stock.

VOXX International Price Performance

NASDAQ:VOXX opened at $7.45 on Tuesday. The firm has a market cap of $167.83 million, a price-to-earnings ratio of -2.41 and a beta of 1.23. 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’s 50-day moving average is $7.37 and its two-hundred day moving average is $6.69. VOXX International Co. has a 12-month low of $2.27 and a 12-month high of $9.22.

VOXX International (NASDAQ:VOXX) last announced its quarterly earnings data 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.