Francesca’s Holdings Corp (NASDAQ:FRAN) Major Shareholder Purchases $122,670.00 in Stock

Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management bought 29,000 shares of Francesca’s stock in a transaction dated Friday, July 12th. The stock was acquired at an average cost of $4.23 per share, for a total transaction of $122,670.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large 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, July 16th, Cross River Capital Management purchased 95,284 shares of Francesca’s stock. The stock was purchased at an average price of $4.03 per share, for a total transaction of $383,994.52.
  • On Tuesday, June 18th, Cross River Capital Management purchased 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 purchased 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 purchased 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 purchased 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 purchased 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 purchased 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 purchased 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 purchased 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 purchased 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.

Shares of Francesca’s stock opened at $3.40 on Friday. The stock has a 50-day moving average price of $1.81. Francesca’s Holdings Corp has a 1 year low of $3.27 and a 1 year high of $99.24. The company has a current ratio of 0.82, a quick ratio of 0.43 and a debt-to-equity ratio of 3.69.

Francesca’s (NASDAQ:FRAN) last posted its earnings results on Thursday, June 13th. The specialty retailer reported ($2.16) earnings per share (EPS) 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%.

Separately, ValuEngine cut shares of Zumiez from a “hold” rating to a “sell” rating in a research note on Monday, May 13th. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Francesca’s currently has an average rating of “Hold” and an average price target of $24.00.

A number of institutional investors and hedge funds have recently bought and sold shares of FRAN. Two Sigma Securities LLC bought a new position in Francesca’s during the 4th quarter valued at about $25,000. Hanson & Doremus Investment Management lifted its stake in Francesca’s by 700.7% during the 1st 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 during the period. Citigroup Inc. lifted 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 acquiring an additional 33,040 shares during the period. Rhumbline Advisers lifted its stake in Francesca’s by 16.5% during the 4th quarter. Rhumbline Advisers now owns 98,116 shares of the specialty retailer’s stock valued at $95,000 after acquiring an additional 13,864 shares during the period. Finally, Stone Ridge Asset Management LLC lifted its stake in 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 valued at $118,000 after acquiring an additional 51,361 shares during the period.

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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