Insider Selling: Public Policy (NASDAQ:PPHC) CFO Sells $19,659.18 in Stock

Public Policy Holding Company, Inc. (NASDAQ:PPHC) CFO Roeland Jozef Bernard Smits sold 1,797 shares of the stock in a transaction that occurred 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 transaction, the chief financial officer owned 155,262 shares in the company, valued at approximately $1,698,566.28. This trade represents a 1.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Public Policy Stock Performance

PPHC opened at $11.20 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.60 and a quick ratio of 1.60. The business has a fifty day simple moving average of $9.45 and a 200 day simple moving average of $11.34. Public Policy Holding Company, Inc. has a 1 year low of $7.01 and a 1 year high of $15.15. The company has a market capitalization of $338.46 million and a PE ratio of 101.82.

Public Policy (NASDAQ:PPHC) last posted 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. Research analysts expect that Public Policy Holding Company, Inc. will post 0.5 EPS for the current year.

Wall Street Analyst Weigh In

PPHC has been the topic of several recent research reports. Weiss Ratings raised shares of Public Policy from a “sell (e-)” rating to a “sell (e)” rating in a report on Wednesday, July 1st. Canaccord Genuity Group restated a “buy” rating and set a $18.00 price objective on shares of Public Policy in a research note on Wednesday, July 8th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $17.00.

Hedge Funds Weigh In On Public Policy

An institutional investor recently bought a new position in Public Policy stock. Ancora Advisors LLC purchased a new position in shares of Public Policy Holding Company, Inc. (NASDAQ:PPHC) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 252,228 shares of the company’s stock, valued at approximately $1,869,000. Ancora Advisors LLC owned 0.83% of Public Policy at the end of the most recent quarter.

About Public Policy

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.