Francesca’s Holdings Corp (NASDAQ:FRAN) Major Shareholder Cross River Capital Management Buys 45,000 Shares of Stock

Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management bought 45,000 shares of Francesca’s stock in a transaction that occurred on Tuesday, July 30th. The stock was purchased at an average price of $3.05 per share, with a total value of $137,250.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Friday, July 12th, Cross River Capital Management bought 29,000 shares of Francesca’s stock. The stock was purchased at an average price of $4.23 per share, with a total value of $122,670.00.
  • On Tuesday, July 16th, Cross River Capital Management bought 95,284 shares of Francesca’s stock. The stock was purchased at an average price of $4.03 per share, with a total value of $383,994.52.
  • On Tuesday, June 18th, Cross River Capital Management bought 5,000 shares of Francesca’s stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was purchased at an average price of $0.54 per share, with a total value of $94,500.00.

NASDAQ FRAN opened at $3.10 on Friday. The company’s 50-day moving average is $2.56. Francesca’s Holdings Corp has a fifty-two week low of $2.95 and a fifty-two week high of $96.48. 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 (NASDAQ:FRAN) last released its quarterly earnings data on Thursday, June 13th. The specialty retailer reported ($2.16) earnings per share for the quarter. The company had revenue of $87.13 million for the quarter. Francesca’s had a negative net margin of 11.38% and a negative return on equity of 14.30%.

Several large investors have recently bought and sold shares of the company. California Public Employees Retirement System grew its holdings in Francesca’s by 49.4% during the 4th quarter. California Public Employees Retirement System now owns 188,175 shares of the specialty retailer’s stock worth $183,000 after acquiring an additional 62,245 shares in the last quarter. Citigroup Inc. boosted its stake in Francesca’s by 14,059.6% during the 4th quarter. Citigroup Inc. now owns 33,275 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 33,040 shares during the period. Dimensional Fund Advisors LP boosted its stake in Francesca’s by 2.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,985,647 shares of the specialty retailer’s stock valued at $2,898,000 after purchasing an additional 79,840 shares during the period. Stone Ridge Asset Management LLC raised its position 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 buying an additional 51,361 shares in the last quarter. Finally, Two Sigma Investments LP raised its position in shares of Francesca’s by 75.0% during the 4th quarter. Two Sigma Investments LP now owns 692,398 shares of the specialty retailer’s stock worth $672,000 after buying an additional 296,653 shares in the last quarter.

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

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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