Cross River Capital Management Acquires 3,250 Shares of Francesca’s Holdings Corp (NASDAQ:FRAN) Stock

Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management purchased 3,250 shares of the firm’s stock in a transaction on Wednesday, July 3rd. The shares were purchased at an average price of $4.88 per share, for a total transaction of $15,860.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own at least 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 purchased 5,000 shares of Francesca’s stock. The shares were 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 shares were 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 shares were 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 acquired 5,000 shares of Francesca’s stock. The shares were 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 acquired 15,000 shares of Francesca’s stock. The shares were 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 shares were bought at an average cost 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 shares were bought at an average cost 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 shares were bought at an average cost 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 shares were bought at an average cost of $0.56 per share, for a total transaction of $43,680.00.
  • On Thursday, May 16th, Cross River Capital Management acquired 20,000 shares of Francesca’s stock. The shares were bought at an average cost of $0.55 per share, for a total transaction of $11,000.00.

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

Francesca’s (NASDAQ:FRAN) last posted its quarterly earnings data on Friday, May 3rd. The specialty retailer reported ($0.12) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.20) by $1.08. The business had revenue of $119.31 million for the quarter. Francesca’s had a negative return on equity of 14.30% and a negative net margin of 11.38%.

Separately, ValuEngine lowered Zumiez from a “hold” rating to a “sell” rating in a research report on Monday, May 13th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $24.00.

Large investors have recently bought and sold shares of the stock. Hanson & Doremus Investment Management increased 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 valued at $27,000 after buying an additional 34,617 shares during the last quarter. Stone Ridge Asset Management LLC increased its holdings in Francesca’s by 73.1% in the fourth quarter. Stone Ridge Asset Management LLC now owns 121,646 shares of the specialty retailer’s stock valued at $118,000 after buying an additional 51,361 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in 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 valued at $2,898,000 after buying an additional 79,840 shares during the last quarter. Deutsche Bank AG increased its holdings in 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 valued at $1,139,000 after buying an additional 1,104,383 shares during the last quarter. Finally, Millennium Management LLC purchased a new position in Francesca’s in the fourth quarter valued at $223,000. 67.35% of the stock is currently owned by hedge funds and other institutional investors.

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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