Francesca’s Holdings Corp (NASDAQ:FRAN) Major Shareholder Purchases $70,905.00 in Stock

Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management purchased 14,500 shares of the stock in a transaction that occurred on Monday, July 8th. The stock was bought at an average cost of $4.89 per share, with a total value of $70,905.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Tuesday, June 18th, Cross River Capital Management purchased 5,000 shares of Francesca’s stock. The stock was bought 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 purchased 15,000 shares of Francesca’s stock. The stock was bought 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 acquired 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 acquired 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 acquired 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 acquired 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 acquired 25,000 shares of Francesca’s stock. The stock was acquired 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 acquired 175,000 shares of Francesca’s stock. The stock was acquired 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 acquired 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 acquired at an average price of $0.55 per share, with a total value of $11,000.00.

Shares of NASDAQ:FRAN 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. The company has a fifty day simple moving average of $1.41. Francesca’s Holdings Corp has a 1 year low of $4.01 and a 1 year high of $99.24.

Francesca’s (NASDAQ:FRAN) last announced its quarterly earnings data on Friday, May 3rd. The specialty retailer reported ($0.12) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 downgraded Zumiez from a “hold” rating to a “sell” rating in a research note on Monday, May 13th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $24.00.

Large investors have recently made changes to their positions in the business. Two Sigma Securities LLC bought a new position in Francesca’s in the 4th quarter valued at $25,000. Hanson & Doremus Investment Management grew its stake in shares of Francesca’s by 700.7% during 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. grew its stake in shares of Francesca’s by 14,059.6% during 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 grew its stake in shares of Francesca’s by 16.5% during 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 grew its stake in shares of Francesca’s by 73.1% during 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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