Francesca’s Holdings Corp (NASDAQ:FRAN) Major Shareholder Acquires $11,000.00 in Stock

Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management acquired 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 16th. The stock was acquired at an average price of $0.55 per share, for a total transaction of $11,000.00. The purchase 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 stock 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 acquired 5,000 shares of Francesca’s stock. The stock was acquired 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 acquired 15,000 shares of Francesca’s stock. The stock was acquired 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 acquired 15,000 shares of Francesca’s stock. The stock was acquired 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 acquired 5,000 shares of Francesca’s stock. The stock was acquired 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 acquired 15,000 shares of Francesca’s stock. The stock was acquired 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 acquired 20,000 shares of Francesca’s stock. The stock was acquired 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 acquired 25,000 shares of Francesca’s stock. The stock was acquired 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 acquired 175,000 shares of Francesca’s stock. The stock was acquired 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 acquired 78,000 shares of Francesca’s stock. The stock was acquired at an average price of $0.56 per share, for a total transaction of $43,680.00.
  • On Wednesday, July 10th, Cross River Capital Management acquired 24,574 shares of Francesca’s stock. The stock was acquired at an average price of $4.62 per share, for a total transaction of $113,531.88.

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

Francesca’s (NASDAQ:FRAN) last announced its earnings results on Friday, May 3rd. The specialty retailer reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($1.20) by $1.08. Francesca’s had a negative net margin of 11.38% and a negative return on equity of 14.30%. The firm had revenue of $119.31 million during the quarter.

A number of hedge funds have recently made changes to their positions in the stock. Rhumbline Advisers raised its stake in Francesca’s by 16.5% in the 4th quarter. Rhumbline Advisers now owns 98,116 shares of the specialty retailer’s stock valued at $95,000 after purchasing an additional 13,864 shares during the last quarter. Two Sigma Securities LLC acquired a new position in Francesca’s in the 4th quarter valued at about $25,000. Citigroup Inc. raised its stake in Francesca’s by 14,059.6% in 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 last quarter. Hanson & Doremus Investment Management raised its stake in Francesca’s by 700.7% in the 1st quarter. Hanson & Doremus Investment Management now owns 39,557 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 34,617 shares during the last quarter. Finally, Hodges Capital Management Inc. raised its stake in Francesca’s by 20.0% in the 1st quarter. Hodges Capital Management Inc. now owns 300,000 shares of the specialty retailer’s stock valued at $203,000 after purchasing an additional 50,000 shares during the last quarter. 67.35% of the stock is owned by hedge funds and other institutional investors.

Separately, ValuEngine lowered shares of Zumiez from a “hold” rating to a “sell” rating in a research report on Monday, May 13th. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Francesca’s currently has a consensus 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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