Thomas Edward Gensemer Sells 1,797 Shares of Public Policy (NASDAQ:PPHC) Stock

Public Policy Holding Company, Inc. (NASDAQ:PPHC) insider Thomas Edward Gensemer sold 1,797 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $10.94, for a total value of $19,659.18. Following the completion of the sale, the insider directly owned 102,803 shares of the company’s stock, valued at approximately $1,124,664.82. This trade represents a 1.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Thomas Edward Gensemer also recently made the following trade(s):

• On Thursday, June 11th, Thomas Edward Gensemer sold 1,115 shares of Public Policy stock. The shares were sold at an average price of $10.35, for a total value of $11,540.25.
• On Wednesday, June 10th, Thomas Edward Gensemer sold 416 shares of Public Policy stock. The stock was sold at an average price of $10.19, for a total value of $4,239.04.

Public Policy Trading Down 2.9%

Shares of NASDAQ PPHC opened at $10.64 on Thursday. 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 Holding Company, Inc. has a one year low of $7.01 and a one year high of $15.15. The business has a 50-day moving average price of $9.40 and a two-hundred day moving average price of $11.35. The firm has a market capitalization of $321.54 million and a PE ratio of 96.73.

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

Analyst Ratings Changes

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

Institutional Investors Weigh In On Public Policy

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

More Public Policy News

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

• Positive Sentiment: Ancora Advisors initiated a position of 252,228 shares, worth approximately $1.9 million, during the second quarter. Analysts also remain mixed but generally constructive, with two Buy ratings, one Hold, one Sell, and a consensus price target of $17 versus recent trading levels. Public Policy analyst and institutional ownership information
• Neutral Sentiment: Reported short interest was zero shares as of August 25, unchanged from the prior report, with a days-to-cover ratio of zero. However, the accompanying percentage change was reported as “NaN,” suggesting the data may be incomplete and limiting its value as a market signal. PPHC short interest report
• Negative Sentiment: Five insiders sold a combined 8,829 shares for approximately $96,589 at an average price of $10.94. Sellers included the CFO, an EVP, a director, and two other insiders; each reduced their holdings by roughly 1.1% to 2.5%. While the sales were relatively small compared with their remaining positions, the concentration of insider selling can raise concerns about management confidence and contribute to near-term pressure on PPHC. PPHC insider sales report

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.