Raffles Associates LP lifted its position in VOXX International Corp (NASDAQ:VOXX) by 50.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 75,000 shares of the auto parts company’s stock after buying an additional 25,000 shares during the period. Raffles Associates LP owned approximately 0.31% of VOXX International worth $390,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of VOXX. Laurion Capital Management LP bought a new stake in shares of VOXX International in the 2nd quarter worth $139,000. Eqis Capital Management Inc. bought a new stake in shares of VOXX International in the 2nd quarter worth $208,000. JPMorgan Chase & Co. raised its stake in shares of VOXX International by 79.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 68,950 shares of the auto parts company’s stock worth $359,000 after buying an additional 30,629 shares in the last quarter. LMR Partners LLP bought a new stake in shares of VOXX International in the 2nd quarter worth $372,000. Finally, Paloma Partners Management Co bought a new stake in shares of VOXX International in the 2nd quarter worth $528,000. 56.95% of the stock is currently owned by institutional investors.

Shares of NASDAQ VOXX traded down $0.16 during mid-day trading on Thursday, reaching $4.75. The company had a trading volume of 21,503 shares, compared to its average volume of 64,973. The company has a quick ratio of 1.59, a current ratio of 2.95 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $118.81 million, a price-to-earnings ratio of 158.33 and a beta of 0.20. VOXX International Corp has a 1-year low of $4.64 and a 1-year high of $7.00.

VOXX International (NASDAQ:VOXX) last issued its earnings results on Thursday, October 11th. The auto parts company reported ($0.85) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.83). VOXX International had a positive return on equity of 2.48% and a negative net margin of 0.11%. The company had revenue of $108.87 million during the quarter. During the same quarter last year, the firm earned ($0.03) EPS.

Separately, Zacks Investment Research upgraded VOXX International from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 12th.

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About VOXX International

VOXX International Corporation, together with its subsidiaries, manufactures and distributes automotive, audio, and consumer accessories worldwide. Its Automotive segment offers rear-seat entertainment devices, satellite radio products, automotive security and remote start systems, mobile multimedia devices, aftermarket/OE-styled radios, car link-smartphone telematics applications, collision avoidance systems, and location-based services.

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Institutional Ownership by Quarter for VOXX International (NASDAQ:VOXX)

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