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

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

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 stock was 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 Stock Performance

Public Policy stock opened at $10.96 on Wednesday. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29. The company’s 50-day moving average price is $9.38. The stock has a market cap of $331.21 million and a P/E ratio of 99.64. Public Policy Holding Company, Inc. has a fifty-two week low of $7.01 and a fifty-two week high of $15.15.

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

Key Stories Impacting Public Policy

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

Analysts Set New Price Targets

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

Institutional Trading of Public Policy

An institutional investor recently bought a new position 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 & Exchange Commission. The firm purchased 252,228 shares of the company’s stock, valued at approximately $1,869,000. Ancora Advisors LLC owned approximately 0.83% of Public Policy at the end of the most recent quarter.

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.