Advisors Capital Management Discloses New Position in Fox Factory Holding Corp.
According to a recent Form 13F filing submitted to the SEC, Advisors Capital Management disclosed a noteworthy new position in Fox Factory Holding Corp. (NASDAQ: FOXF) stock. Here’s what you need to know about Fox Factory Holding Corp., as well as Advisors Capital Management’s position in shares of FOXF stock:
Advisors Capital Management
Ridgewood, New Jersey-based Advisors Capital Management, LLC offers custom-tailored investment portfolios and management solutions to keep investors on top of their money. Advisors Capital Management has over $5 billion in discretionary assets under management. You can learn more about Advisors Capital Management on their website here.
Advisors Capital Management’s New Position in FOXF Stock
According to the most recent 13F filing from Advisors Capital Management, the institutional investment manager added a meaningful position in Fox Factory Holding Corp. (NASDAQ: FOXF), with 14,888 shares, which represents approximately 0.0352% of the 42,267,499 total FOXF shares outstanding. Based on FOXF’s last closing price of $107.5 per share, Advisors Capital Management’s stake in FOXF is worth approximately $1,600,460.00, assuming no change in the position size. If you’re not very familiar with Fox Factory Holding Corp., learn more below.
Fox Factory Holding Corp. (NASDAQ: FOXF)
Fox Factory Holding Corp. designs, engineers, manufactures, and markets ride dynamics products worldwide. The company offers mid-end and high-end front fork and rear suspension products for mountain bikes, road bikes, and e-bikes; and powered vehicle products for side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, and specialty vehicles and applications, such as military, motorcycles, and commercial trucks. It also provides mountain and road bike wheels, and other performance cycling components, including cranks, chain rings, pedals, bars, stems, and seat posts, as well as sells aftermarket products to dealers and distributors. The company offers powered vehicles under the FOX, BDS Suspension, Zone Offroad, JKS Manufacturing, RT Pro UTV, 4×4 Posi-Lok, Ridetech, Tuscany, Outside Van, and SCA brands; and mountain bikes and road bikes under the FOX, Race Face, Easton Cycling, and Marzocchi brands. Fox Factory Holding Corp. was incorporated in 2007 and is headquartered in Duluth, Georgia.
Summary
Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like Advisors Capital Management. Also be sure to check out more recent 13F filing analysis news here.
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