Public Policy (NASDAQ:PPHC) EVP Ronald Jr. Starzman Sells 1,500 Shares of Stock

Public Policy Holding Company, Inc. (NASDAQ:PPHC) EVP Ronald Jr. Starzman sold 1,500 shares of the business’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $10.94, for a total transaction of $16,410.00. Following the completion of the sale, the executive vice president directly owned 71,390 shares of the company’s stock, valued at $781,006.60. This represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Public Policy Stock Down 1.2%

NASDAQ PPHC opened at $10.96 on Wednesday. The company’s 50-day simple moving average is $9.38. Public Policy Holding Company, Inc. has a 12-month low of $7.01 and a 12-month high of $15.15. The stock has a market capitalization of $331.21 million and a price-to-earnings ratio of 99.64. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29.

Public Policy (NASDAQ:PPHC) last issued its earnings results on Tuesday, June 30th. The company reported $0.34 earnings per share for the quarter. Public Policy had a negative return on equity of 0.26% and a negative net margin of 18.85%.The company had revenue of $52.14 million during the quarter. Equities analysts expect that Public Policy Holding Company, Inc. will post 0.5 earnings per share for the current fiscal year.

Public Policy News Roundup

Here are the key news stories impacting Public Policy this week:

• Neutral Sentiment: Reported short interest was listed at zero shares as of August 25, unchanged from the prior report, with a days-to-cover ratio of zero. However, the figures appear incomplete or erroneous because the reported percentage change was “NaN,” limiting their usefulness as a trading signal.
• Negative Sentiment: Five company insiders sold a combined 8,829 shares for approximately $96,589 at an average price of $10.94. The sellers included CFO Roeland Jozef Bernard Smits, EVP Ronald J. Jr. Starzman, director Keenan Nealean Austin, and insiders Thomas Edward Gensemer and Neal Howard Strum. Each seller reduced their individual holdings by roughly 1.1% to 2.5%, which can create near-term selling pressure and raise investor concerns about insider sentiment. The SEC filings disclose the transactions: Insider sale filing Executive sale filing CFO sale filing Insider sale filing Director sale filing

Institutional Investors Weigh In On Public Policy

A hedge fund recently bought a new stake in Public Policy stock. Ancora Advisors LLC bought a new stake in shares of Public Policy Holding Company, Inc. (NASDAQ:PPHC) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 252,228 shares of the company’s stock, valued at approximately $1,869,000. Ancora Advisors LLC owned 0.83% of Public Policy as of its most recent filing with the Securities and Exchange Commission (SEC).

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Public Policy from a “sell (e-)” rating to a “sell (e)” rating in a report on Wednesday, July 1st. Canaccord Genuity Group reiterated a “buy” rating and set a $18.00 price target on shares of Public Policy in a report on Wednesday, July 8th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $17.00.

Public Policy Company Profile

Our mission is to become the preeminent provider of global strategic communications by uniting a diverse group of leading government relations, corporate communications and public affairs specialists around the world for the collective success of our clients, employees, and shareholders. Founded by veteran advisors with decades of experience in Washington, DC’s public policy and government relations landscape, we have grown and diversified our global communications advisory business through targeted acquisitions and organic growth.