Insider Buying: Francesca’s Holdings Corp (NASDAQ:FRAN) Major Shareholder Acquires $43,680.00 in Stock

Share on StockTwits

Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management purchased 78,000 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The stock was bought at an average cost of $0.56 per share, for a total transaction of $43,680.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares 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 stock was bought at an average cost 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 stock was bought at an average cost 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 stock was bought at an average cost of $0.50 per share, for a total transaction of $7,500.00.
  • On Wednesday, June 5th, Cross River Capital Management purchased 5,000 shares of Francesca’s stock. The stock was 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 purchased 15,000 shares of Francesca’s stock. The stock was 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 purchased 20,000 shares of Francesca’s stock. The stock was 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 purchased 25,000 shares of Francesca’s stock. The stock was 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 purchased 175,000 shares of Francesca’s stock. The stock was bought at an average cost of $0.54 per share, for a total transaction of $94,500.00.
  • On Thursday, May 16th, Cross River Capital Management acquired 20,000 shares of Francesca’s stock. The stock was purchased at an average price of $0.55 per share, for a total transaction of $11,000.00.
  • On Wednesday, July 10th, Cross River Capital Management acquired 24,574 shares of Francesca’s stock. The stock was purchased at an average price of $4.62 per share, for a total transaction of $113,531.88.

Shares of FRAN stock opened at $4.11 on Friday. The company has a fifty day moving average price of $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 Holdings Corp has a fifty-two week low of $4.01 and a fifty-two week high of $99.24.

Francesca’s (NASDAQ:FRAN) last announced its quarterly earnings data on Friday, May 3rd. The specialty retailer reported ($0.12) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.20) by $1.08. The company 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%.

A number of hedge funds have recently made changes to their positions in FRAN. Shah Capital Management purchased a new position in Francesca’s in the 1st quarter valued at $988,000. Deutsche Bank AG lifted its holdings in Francesca’s by 1,561.8% in the 4th quarter. Deutsche Bank AG now owns 1,175,093 shares of the specialty retailer’s stock valued at $1,139,000 after purchasing an additional 1,104,383 shares in the last quarter. D. E. Shaw & Co. Inc. lifted its holdings in Francesca’s by 209.8% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 920,897 shares of the specialty retailer’s stock valued at $894,000 after purchasing an additional 623,630 shares in the last quarter. Two Sigma Investments LP lifted its holdings in Francesca’s by 75.0% in the 4th quarter. Two Sigma Investments LP now owns 692,398 shares of the specialty retailer’s stock valued at $672,000 after purchasing an additional 296,653 shares in the last quarter. Finally, Millennium Management LLC purchased a new position in Francesca’s in the 4th quarter valued at $223,000. Institutional investors own 67.35% of the company’s stock.

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

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.

Featured Article: How does a security become overbought?

Insider Buying and Selling by Quarter for Francesca`s (NASDAQ:FRAN)

Receive News & Ratings for Francesca's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Francesca's and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Slack  Earns Neutral Rating from Analysts at Credit Suisse Group
Slack Earns Neutral Rating from Analysts at Credit Suisse Group
Slack  Coverage Initiated by Analysts at Morgan Stanley
Slack Coverage Initiated by Analysts at Morgan Stanley
Solaris Oilfield Infrastructure  Coverage Initiated by Analysts at Citigroup
Solaris Oilfield Infrastructure Coverage Initiated by Analysts at Citigroup
Tanger Factory Outlet Centers  Upgraded to “Hold” at Zacks Investment Research
Tanger Factory Outlet Centers Upgraded to “Hold” at Zacks Investment Research
Sterling Bancorp  Coverage Initiated at B. Riley
Sterling Bancorp Coverage Initiated at B. Riley
Restoration Hardware  Upgraded by ValuEngine to “Hold”
Restoration Hardware Upgraded by ValuEngine to “Hold”


© 2006-2019 Ticker Report