Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management acquired 97,189 shares of the business’s stock in a transaction on Thursday, June 20th. The shares were purchased at an average price of $0.40 per share, for a total transaction of $38,875.60. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Major shareholders that own more than 10% 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 acquired 5,000 shares of Francesca’s stock. The shares were purchased at an average price of $0.42 per share, for a total transaction of $2,100.00.
  • On Wednesday, June 12th, Cross River Capital Management acquired 15,000 shares of Francesca’s stock. The shares were purchased at an average price of $0.49 per share, for a total transaction of $7,350.00.
  • On Monday, June 10th, Cross River Capital Management acquired 15,000 shares of Francesca’s stock. The shares were purchased at an average price of $0.50 per share, for a total transaction of $7,500.00.
  • On Wednesday, June 5th, Cross River Capital Management acquired 5,000 shares of Francesca’s stock. The shares were purchased at an average price of $0.50 per share, for a total transaction of $2,500.00.
  • On Monday, June 3rd, Cross River Capital Management acquired 15,000 shares of Francesca’s stock. The shares were purchased at an average price of $0.49 per share, for a total transaction of $7,350.00.
  • On Wednesday, May 29th, Cross River Capital Management acquired 20,000 shares of Francesca’s stock. The shares were purchased at an average price of $0.50 per share, for a total transaction of $10,000.00.
  • On Friday, May 24th, Cross River Capital Management acquired 25,000 shares of Francesca’s stock. The shares were purchased at an average price of $0.52 per share, for a total transaction of $13,000.00.
  • On Wednesday, May 22nd, Cross River Capital Management acquired 175,000 shares of Francesca’s stock. The shares were purchased at an average price of $0.54 per share, for a total transaction of $94,500.00.
  • On Monday, May 20th, Cross River Capital Management acquired 78,000 shares of Francesca’s stock. The shares were purchased at an average price of $0.56 per share, for a total transaction of $43,680.00.
  • On Thursday, May 16th, Cross River Capital Management acquired 20,000 shares of Francesca’s stock. The shares were purchased at an average price of $0.55 per share, for a total transaction of $11,000.00.

Shares of Francesca’s stock traded down $0.38 on Thursday, reaching $4.29. 351,635 shares of the company were exchanged, compared to its average volume of 95,003. The company has a current ratio of 0.82, a quick ratio of 0.43 and a debt-to-equity ratio of 3.69. The stock has a 50-day moving average price of $1.26. Francesca’s Holdings Corp has a 1-year low of $4.05 and a 1-year high of $99.24.

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

Several institutional investors have recently made changes to their positions in FRAN. Two Sigma Securities LLC bought a new position in Francesca’s in the 4th quarter worth approximately $25,000. Citigroup Inc. grew its holdings in Francesca’s by 14,059.6% in the 4th quarter. Citigroup Inc. now owns 33,275 shares of the specialty retailer’s stock worth $32,000 after buying an additional 33,040 shares in the last quarter. Hanson & Doremus Investment Management grew its holdings in Francesca’s by 700.7% in the 1st quarter. Hanson & Doremus Investment Management now owns 39,557 shares of the specialty retailer’s stock worth $27,000 after buying an additional 34,617 shares in the last quarter. Rhumbline Advisers grew its holdings in Francesca’s by 16.5% in the 4th quarter. Rhumbline Advisers now owns 98,116 shares of the specialty retailer’s stock worth $95,000 after buying an additional 13,864 shares in the last quarter. Finally, Stone Ridge Asset Management LLC grew its holdings in Francesca’s by 73.1% in the 4th quarter. Stone Ridge Asset Management LLC now owns 121,646 shares of the specialty retailer’s stock worth $118,000 after buying an additional 51,361 shares in the last quarter. Institutional investors and hedge funds own 67.35% of the company’s stock.

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

Francesca’s Company Profile

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.

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

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