Insider Buying: Francesca’s Holdings Corp (NASDAQ:FRAN) Major Shareholder Purchases $113,531.88 in Stock

Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management bought 24,574 shares of Francesca’s stock in a transaction that occurred on Wednesday, July 10th. The stock was purchased at an average price of $4.62 per share, for a total transaction of $113,531.88. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more 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 bought 5,000 shares of Francesca’s stock. The stock was purchased at an average price of $0.42 per share, for a total transaction 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, for a total transaction 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, for a total transaction 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, for a total transaction 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, for a total transaction 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, for a total transaction 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, for a total transaction 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, for a total transaction of $94,500.00.
  • On Monday, May 20th, Cross River Capital Management bought 78,000 shares of Francesca’s stock. The stock was purchased at an average price of $0.56 per share, for a total transaction of $43,680.00.
  • On Thursday, May 16th, Cross River Capital Management bought 20,000 shares of Francesca’s stock. The stock was purchased at an average price of $0.55 per share, for a total transaction of $11,000.00.

Shares of FRAN opened at $4.11 on Friday. The stock’s 50-day moving average is $1.41. Francesca’s Holdings Corp has a 12 month low of $4.01 and a 12 month high of $99.24. The company has a debt-to-equity ratio of 3.69, a quick ratio of 0.43 and a current ratio of 0.82.

Francesca’s (NASDAQ:FRAN) last issued its quarterly earnings data on Friday, May 3rd. The specialty retailer reported ($0.12) EPS for the quarter, topping the Zacks’ consensus estimate of ($1.20) by $1.08. The company had revenue of $119.31 million for 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 equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $24.00.

Several institutional investors and hedge funds have recently modified their holdings of FRAN. Shah Capital Management acquired a new position in shares of Francesca’s during the first quarter worth about $988,000. Deutsche Bank AG lifted its stake 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 worth $1,139,000 after purchasing an additional 1,104,383 shares in the last quarter. D. E. Shaw & Co. Inc. lifted its stake in shares of Francesca’s by 209.8% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 920,897 shares of the specialty retailer’s stock worth $894,000 after purchasing an additional 623,630 shares in the last quarter. Two Sigma Investments LP lifted its stake in shares of Francesca’s by 75.0% during the fourth quarter. Two Sigma Investments LP now owns 692,398 shares of the specialty retailer’s stock worth $672,000 after purchasing an additional 296,653 shares in the last quarter. Finally, Millennium Management LLC acquired a new position in shares of Francesca’s during the fourth quarter worth about $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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