Cross River Capital Management Purchases 24,574 Shares of Francesca’s Holdings Corp (NASDAQ:FRAN) Stock

Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management purchased 24,574 shares of the company’s stock in a transaction dated Wednesday, July 10th. The stock was bought at an average cost of $4.62 per share, for a total transaction of $113,531.88. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Major 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 purchased 5,000 shares of Francesca’s stock. The stock was bought at an average cost 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 bought at an average cost 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 bought at an average cost 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 bought at an average cost 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 bought at an average cost 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, with a total value 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, with a total value 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, with a total value 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, with a total value of $43,680.00.
  • On Thursday, May 16th, Cross River Capital Management acquired 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.

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

A number of large investors have recently modified their holdings of FRAN. Two Sigma Securities LLC bought a new stake in Francesca’s in the fourth quarter worth $25,000. Hanson & Doremus Investment Management boosted its holdings in Francesca’s by 700.7% in the first quarter. Hanson & Doremus Investment Management now owns 39,557 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 34,617 shares in the last quarter. Citigroup Inc. boosted its holdings in Francesca’s by 14,059.6% during the fourth 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 boosted its holdings in Francesca’s by 16.5% during the fourth 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 boosted its holdings in Francesca’s by 73.1% during the fourth 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. Hedge funds and other institutional investors own 67.35% of the company’s stock.

Separately, ValuEngine cut shares of Zumiez from a “hold” rating to a “sell” rating in a report on Monday, May 13th. Three 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 an average 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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