Today, Papa Murphy’s Holdings Inc. (FRSH) SVP Dan Harmon Buys 10,515 Shares

Today, Papa Murphy’s Holdings Inc. (FRSH) SVP Dan Harmon Buys 10,515 Shares
Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) SVP Dan Harmon acquired 10,515 shares of the firm’s stock in a transaction that occurred on Wednesday, November 23rd. The stock was purchased at an average price of $4.74 per share, with a total value of $49,841.10. Following the completion of the acquisition, the senior vice president now directly owns 16,114 shares of the company’s stock, valued at $76,380.36. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) remained flat at $4.66 during midday trading on Friday. The stock had a trading volume of 29,833 shares. Papa Murphy’s Holdings Inc. has a 12-month low of $3.56 and a 12-month high of $12.96. The stock has a market capitalization of $79.06 million, a PE ratio of 20.53 and a beta of 0.25. The firm has a 50 day moving average of $5.29 and a 200 day moving average of $6.43.

Papa Murphy’s Holdings (NASDAQ:FRSH) last released its quarterly earnings results on Wednesday, November 2nd. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by $0.08. The business had revenue of $28.50 million for the quarter, compared to analysts’ expectations of $31.26 million. Papa Murphy’s Holdings had a return on equity of 3.13% and a net margin of 3.04%. The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.07 earnings per share. On average, equities analysts forecast that Papa Murphy’s Holdings Inc. will post $0.10 earnings per share for the current year.

Several institutional investors have recently added to or reduced their stakes in FRSH. California Public Employees Retirement System acquired a new position in Papa Murphy’s Holdings during the second quarter worth $117,000. Northern Trust Corp raised its position in Papa Murphy’s Holdings by 41.9% in the third quarter. Northern Trust Corp now owns 19,735 shares of the company’s stock valued at $127,000 after buying an additional 5,827 shares during the last quarter. Bank of New York Mellon Corp raised its position in Papa Murphy’s Holdings by 28.4% in the third quarter. Bank of New York Mellon Corp now owns 22,233 shares of the company’s stock valued at $144,000 after buying an additional 4,921 shares during the last quarter. Monarch Partners Asset Management LLC purchased a new position in Papa Murphy’s Holdings during the second quarter valued at about $214,000. Finally, Menta Capital LLC raised its position in Papa Murphy’s Holdings by 7.1% in the second quarter. Menta Capital LLC now owns 33,736 shares of the company’s stock valued at $224,000 after buying an additional 2,232 shares during the last quarter. Institutional investors and hedge funds own 78.02% of the company’s stock.

FRSH has been the topic of several analyst reports. Jefferies Group reiterated a “hold” rating and issued a $7.00 target price (down previously from $9.00) on shares of Papa Murphy’s Holdings in a research note on Thursday, August 4th. Zacks Investment Research upgraded Papa Murphy’s Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, September 14th. Robert W. Baird reiterated a “neutral” rating on shares of Papa Murphy’s Holdings in a research note on Thursday, September 8th. Citigroup Inc. lowered Papa Murphy’s Holdings from an “outperform” rating to a “market perform” rating in a research note on Friday, November 4th. Finally, Raymond James Financial Inc. reiterated a “market perform” rating on shares of Papa Murphy’s Holdings in a research note on Friday, November 4th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $10.50.

Papa Murphy’s Holdings Company Profile

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