Francesca’s Holdings Corp (NASDAQ:FRAN) Major Shareholder Cross River Capital Management Purchases 65,000 Shares

Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management bought 65,000 shares of the firm’s stock in a transaction dated Monday, July 1st. The shares were purchased at an average price of $0.43 per share, with a total value of $27,950.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Large shareholders that own at least 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 shares were purchased at an average price 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 shares were purchased at an average price of $0.49 per share, with a total value of $7,350.00.
  • On Monday, June 10th, Cross River Capital Management bought 15,000 shares of Francesca’s stock. The shares were purchased 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 bought 5,000 shares of Francesca’s stock. The shares were purchased 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 bought 15,000 shares of Francesca’s stock. The shares were purchased 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 bought 20,000 shares of Francesca’s stock. The shares were purchased at an average price of $0.50 per share, with a total value of $10,000.00.
  • On Friday, May 24th, Cross River Capital Management bought 25,000 shares of Francesca’s stock. The shares were purchased at an average price of $0.52 per share, with a total value of $13,000.00.
  • On Wednesday, May 22nd, Cross River Capital Management bought 175,000 shares of Francesca’s stock. The shares were purchased 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 bought 78,000 shares of Francesca’s stock. The shares were purchased 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 bought 20,000 shares of Francesca’s stock. The shares were purchased at an average price of $0.55 per share, with a total value of $11,000.00.

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

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

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Two Sigma Securities LLC purchased a new position in Francesca’s in the 4th quarter worth approximately $25,000. Hanson & Doremus Investment Management boosted its holdings in Francesca’s by 700.7% in the 1st quarter. Hanson & Doremus Investment Management now owns 39,557 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 34,617 shares during the period. Citigroup Inc. boosted its holdings in Francesca’s by 14,059.6% in the 4th quarter. Citigroup Inc. now owns 33,275 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 33,040 shares during the period. Rhumbline Advisers boosted its holdings in Francesca’s by 16.5% in the 4th quarter. Rhumbline Advisers now owns 98,116 shares of the specialty retailer’s stock worth $95,000 after acquiring an additional 13,864 shares during the period. Finally, Stone Ridge Asset Management LLC boosted its holdings in Francesca’s by 73.1% in the 4th quarter. Stone Ridge Asset Management LLC now owns 121,646 shares of the specialty retailer’s stock worth $118,000 after acquiring an additional 51,361 shares during the period. Hedge funds and other institutional investors own 67.35% of the company’s stock.

About Francesca’s

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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