Holley (HLLY)

• Market cap: $326M
• 1 day: 1.48%
• 5 days: -4.18%
• 1 month: -3.17%
• 3 months: -11.00%
• 6 months: -24.86%
• Year to date: -42.83%
• 1 year: -34.52%
• 5 years: -71.94%
• 10 years: -71.94%
• Sector: Consumer Discretionary
• Industry: Motor Vehicle Parts & Accessories

About: Holley Inc is a designer, marketer, and manufacturer of high-performance automotive aftermarket products, featuring a portfolio of iconic brands serving the car and truck industry. It offers a diversified line of performance automotive products including fuel injection systems, tuners, exhaust products, carburetors, safety equipment and various other performance automotive products. The Company's products are designed to enhance street, off-road, recreational and competitive vehicle performance through increased horsepower, torque and drivability. The company's brands include Holley, APR, MSD and Flowmaster, among others. It derives revenue from the U.S. and Italy, of which prime revenue is derived from the U.S.

Employees: 1,633

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 16

22% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 37

7% more funds holding

Funds holding: 121 [Q2] → 129 (+8) [Q3]

1.14% less ownership

Funds ownership: 43.69% [Q2] → 42.56% (-1.14%) [Q3]

19% less capital invested

Capital invested by funds: $187M [Q2] → $151M (-$36.1M) [Q3]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $4.50 64% upside
• Avg. target: $7.33 167% upside
• High target: $12 336% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

Telsey Advisory Group Joseph Feldman 63% 1-year accuracy 93 / 148 met price target	64% upside $4.50	Outperform Maintained	11 Nov 2024
Telsey Advisory Group Joseph Feldman 63% 1-year accuracy 93 / 148 met price target	100% upside $5.50	Outperform Maintained	9 Sept 2024
Benchmark John Lawrence 64% 1-year accuracy 21 / 33 met price target	336% upside $12	Buy Reiterated	9 Sept 2024