Papa Murphy’s Holdings, Inc. (FRSH) Major Shareholder Mfp Partners Lp Acquires 30,968 Shares

Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) major shareholder Mfp Partners Lp bought 30,968 shares of Papa Murphy’s Holdings stock in a transaction that occurred on Friday, July 14th. The stock was purchased at an average cost of $4.20 per share, with a total value of $130,065.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Mfp Partners Lp also recently made the following trade(s):

  • On Tuesday, July 18th, Mfp Partners Lp bought 30,900 shares of Papa Murphy’s Holdings stock. The stock was purchased at an average cost of $4.15 per share, with a total value of $128,235.00.
  • On Monday, July 17th, Mfp Partners Lp bought 10,032 shares of Papa Murphy’s Holdings stock. The stock was purchased at an average cost of $4.20 per share, with a total value of $42,134.40.
  • On Wednesday, July 19th, Mfp Partners Lp bought 50,032 shares of Papa Murphy’s Holdings stock. The stock was purchased at an average cost of $4.18 per share, with a total value of $209,133.76.
  • On Thursday, July 13th, Mfp Partners Lp acquired 200 shares of Papa Murphy’s Holdings stock. The shares were bought at an average cost of $4.20 per share, with a total value of $840.00.
  • On Wednesday, July 12th, Mfp Partners Lp acquired 4,350 shares of Papa Murphy’s Holdings stock. The shares were bought at an average cost of $4.20 per share, with a total value of $18,270.00.
  • On Monday, July 10th, Mfp Partners Lp acquired 100 shares of Papa Murphy’s Holdings stock. The shares were bought at an average cost of $4.20 per share, with a total value of $420.00.
  • On Thursday, July 6th, Mfp Partners Lp acquired 5,000 shares of Papa Murphy’s Holdings stock. The shares were bought at an average cost of $4.20 per share, with a total value of $21,000.00.
  • On Wednesday, July 5th, Mfp Partners Lp acquired 16,755 shares of Papa Murphy’s Holdings stock. The shares were bought at an average cost of $4.24 per share, with a total value of $71,041.20.
  • On Friday, July 7th, Mfp Partners Lp acquired 21,855 shares of Papa Murphy’s Holdings stock. The shares were bought at an average cost of $4.23 per share, with a total value of $92,446.65.
  • On Friday, June 30th, Mfp Partners Lp acquired 20,745 shares of Papa Murphy’s Holdings stock. The shares were bought at an average cost of $4.37 per share, with a total value of $90,655.65.

Shares of Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) traded down 3.6828% on Monday, hitting $4.3728. The company’s stock had a trading volume of 39,239 shares. The firm’s market cap is $74.18 million. The stock’s 50-day moving average price is $4.32 and its 200-day moving average price is $4.58. Papa Murphy’s Holdings, Inc. has a 52 week low of $3.56 and a 52 week high of $7.49.

Papa Murphy’s Holdings (NASDAQ:FRSH) last released its earnings results on Wednesday, May 10th. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.11. The firm had revenue of $31.99 million during the quarter, compared to the consensus estimate of $35.59 million. Papa Murphy’s Holdings had a positive return on equity of 2.91% and a negative net margin of 2.71%. The company’s revenue was down 3.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.04 EPS. Equities analysts expect that Papa Murphy’s Holdings, Inc. will post $0.21 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “Papa Murphy’s Holdings, Inc. (FRSH) Major Shareholder Mfp Partners Lp Acquires 30,968 Shares” was originally published by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this piece on another website, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this piece can be read at https://sportsperspectives.com/2017/07/24/papa-murphys-holdings-inc-frsh-major-shareholder-mfp-partners-lp-acquires-30968-shares.html.

A number of brokerages have issued reports on FRSH. Zacks Investment Research cut Papa Murphy’s Holdings from a “buy” rating to a “hold” rating in a report on Friday. Wells Fargo & Company cut Papa Murphy’s Holdings from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $5.25 to $5.00 in a report on Tuesday, May 23rd. Finally, Jefferies Group LLC reissued a “hold” rating on shares of Papa Murphy’s Holdings in a report on Thursday, May 11th. Seven equities research analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and a consensus target price of $5.08.

Several hedge funds have recently added to or reduced their stakes in the stock. Boston Partners increased its stake in Papa Murphy’s Holdings by 2.2% in the first quarter. Boston Partners now owns 616,342 shares of the company’s stock worth $2,940,000 after buying an additional 13,104 shares during the last quarter. Citadel Advisors LLC bought a new stake in Papa Murphy’s Holdings during the first quarter worth $107,000. KCG Holdings Inc. bought a new stake in Papa Murphy’s Holdings during the first quarter worth $357,000. Renaissance Technologies LLC bought a new stake in Papa Murphy’s Holdings during the first quarter worth $421,000. Finally, Signia Capital Management LLC bought a new stake in Papa Murphy’s Holdings during the first quarter worth $2,610,000. Hedge funds and other institutional investors own 32.40% of the company’s stock.

Papa Murphy’s Holdings Company Profile

Papa Murphy’s Holdings, Inc is a holding company. The Company, together with its subsidiaries, is a franchisor and operator of the Take ‘N’ Bake pizza chain in the United States. The Company franchises the right to operate Take ‘N’ Bake pizza franchises and operates Take ‘N’ Bake pizza stores owned by the Company.

Insider Buying and Selling by Quarter for Papa Murphy`s Holdings (NASDAQ:FRSH)

Receive News & Ratings for Papa Murphy's Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Papa Murphy's Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply