Francesca’s Holdings Corp (NASDAQ:FRAN) Major Shareholder Purchases $70,905.00 in Stock

Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management acquired 14,500 shares of the stock in a transaction on Monday, July 8th. The shares were bought at an average price of $4.89 per share, with a total value of $70,905.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 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, June 18th, Cross River Capital Management acquired 5,000 shares of Francesca’s stock. The shares were bought 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 acquired 15,000 shares of Francesca’s stock. The shares were bought 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 acquired 15,000 shares of Francesca’s stock. The shares were bought 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 acquired 5,000 shares of Francesca’s stock. The shares were bought 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 acquired 15,000 shares of Francesca’s stock. The shares were bought 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 acquired 20,000 shares of Francesca’s stock. The shares were bought 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 purchased 25,000 shares of Francesca’s stock. The stock was acquired 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 purchased 175,000 shares of Francesca’s stock. The stock was acquired at an average price of $0.54 per share, with a total value of $94,500.00.
  • On Monday, May 20th, Cross River Capital Management purchased 78,000 shares of Francesca’s stock. The stock was acquired at an average price of $0.56 per share, with a total value of $43,680.00.
  • On Thursday, May 16th, Cross River Capital Management purchased 20,000 shares of Francesca’s stock. The stock was acquired at an average price of $0.55 per share, with a total value of $11,000.00.

FRAN stock opened at $4.11 on Friday. Francesca’s Holdings Corp has a 1-year low of $4.01 and a 1-year high of $99.24. The business has a fifty day simple moving average of $1.41. 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 posted its quarterly earnings results on Friday, May 3rd. The specialty retailer reported ($0.12) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.20) by $1.08. Francesca’s had a negative return on equity of 14.30% and a negative net margin of 11.38%. The firm had revenue of $119.31 million during the quarter.

Separately, ValuEngine cut Zumiez from a “hold” rating to a “sell” 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. The company presently has a consensus rating of “Hold” and a consensus price target of $24.00.

Several hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its stake in shares of Francesca’s by 2.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,985,647 shares of the specialty retailer’s stock worth $2,898,000 after purchasing an additional 79,840 shares during the last quarter. Shah Capital Management purchased a new position in shares of Francesca’s in the first quarter worth $988,000. Deutsche Bank AG raised its stake in shares of Francesca’s by 1,561.8% in 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 during the last quarter. D. E. Shaw & Co. Inc. raised its stake in shares of Francesca’s by 209.8% in 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 during the last quarter. Finally, Two Sigma Investments LP raised its stake in shares of Francesca’s by 75.0% in 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 during the last quarter. Hedge funds and other institutional investors own 67.35% of the company’s stock.

About Francesca’s

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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