Cross River Capital Management Acquires 25,000 Shares of Francesca’s Holdings Corp (NASDAQ:FRAN) Stock

Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management bought 25,000 shares of the business’s stock in a transaction on Friday, May 24th. The stock was purchased at an average cost of $0.52 per share, with a total value of $13,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Cross River Capital Management also recently made the following trade(s):

  • On Tuesday, June 18th, Cross River Capital Management bought 5,000 shares of Francesca’s stock. The stock was purchased at an average cost of $0.42 per share, with a total value of $2,100.00.
  • On Wednesday, June 12th, Cross River Capital Management bought 15,000 shares of Francesca’s stock. The stock was purchased at an average cost of $0.49 per share, with a total value of $7,350.00.
  • On Monday, June 10th, Cross River Capital Management acquired 15,000 shares of Francesca’s stock. The stock was bought at an average price of $0.50 per share, with a total value of $7,500.00.
  • On Wednesday, June 5th, Cross River Capital Management acquired 5,000 shares of Francesca’s stock. The stock was bought at an average price of $0.50 per share, with a total value of $2,500.00.
  • On Monday, June 3rd, Cross River Capital Management acquired 15,000 shares of Francesca’s stock. The stock was bought at an average price of $0.49 per share, with a total value of $7,350.00.
  • On Wednesday, May 29th, Cross River Capital Management acquired 20,000 shares of Francesca’s stock. The stock was bought at an average price of $0.50 per share, with a total value of $10,000.00.
  • On Wednesday, May 22nd, Cross River Capital Management acquired 175,000 shares of Francesca’s stock. The stock was bought at an average price of $0.54 per share, with a total value of $94,500.00.
  • On Monday, May 20th, Cross River Capital Management acquired 78,000 shares of Francesca’s stock. The stock was bought at an average price of $0.56 per share, with a total value of $43,680.00.
  • On Thursday, May 16th, Cross River Capital Management acquired 20,000 shares of Francesca’s stock. The stock was bought at an average price of $0.55 per share, with a total value of $11,000.00.
  • On Wednesday, July 10th, Cross River Capital Management acquired 24,574 shares of Francesca’s stock. The stock was bought at an average price of $4.62 per share, with a total value of $113,531.88.

Shares of FRAN stock opened at $4.11 on Friday. The company has a quick ratio of 0.43, a current ratio of 0.82 and a debt-to-equity ratio of 3.69. Francesca’s Holdings Corp has a fifty-two week low of $4.01 and a fifty-two week high of $99.24. The company has a 50 day moving average of $1.41.

Francesca’s (NASDAQ:FRAN) last announced its quarterly earnings data on Friday, May 3rd. The specialty retailer reported ($0.12) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($1.20) by $1.08. Francesca’s had a negative return on equity of 14.30% and a negative net margin of 11.38%. The firm had revenue of $119.31 million during the quarter.

Separately, ValuEngine downgraded Zumiez from a “hold” rating to a “sell” rating in a research report on Monday, May 13th. Three analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $24.00.

Institutional investors have recently made changes to their positions in the stock. Hanson & Doremus Investment Management raised its holdings in shares of Francesca’s by 700.7% during the first quarter. Hanson & Doremus Investment Management now owns 39,557 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 34,617 shares in the last quarter. Stone Ridge Asset Management LLC raised its holdings in shares of Francesca’s by 73.1% during the fourth quarter. Stone Ridge Asset Management LLC now owns 121,646 shares of the specialty retailer’s stock valued at $118,000 after acquiring an additional 51,361 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Francesca’s by 2.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,985,647 shares of the specialty retailer’s stock valued at $2,898,000 after acquiring an additional 79,840 shares in the last quarter. Deutsche Bank AG raised its holdings in shares of Francesca’s by 1,561.8% during the fourth quarter. Deutsche Bank AG now owns 1,175,093 shares of the specialty retailer’s stock valued at $1,139,000 after acquiring an additional 1,104,383 shares in the last quarter. Finally, Millennium Management LLC bought a new position in shares of Francesca’s during the fourth quarter valued at approximately $223,000. Institutional investors own 67.35% of the company’s stock.

Francesca’s Company Profile

Francesca's Holdings Corporation, through its subsidiaries, operates a chain of boutiques. The company offers fashion apparel, jewelry, accessories, and gifts for women between the ages of 18 and 35. Its apparel products include dresses, fashion tops, sweaters, cardigans and wraps, bottoms, outerwear and jackets, tees and tanks, and intimates; and jewelry comprise necklaces, earrings, bracelets, and rings.

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Insider Buying and Selling by Quarter for Francesca`s (NASDAQ:FRAN)

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