Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management acquired 25,000 shares of the firm’s stock in a transaction that occurred on Friday, May 24th. The shares were purchased at an average price of $0.52 per share, with a total value of $13,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions 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, with a total value 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, with a total value 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, with a total value 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, with a total value 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, with a total value 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, with a total value of $10,000.00.
  • 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, with a total value 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, with a total value 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, with a total value of $11,000.00.
  • On Wednesday, July 10th, Cross River Capital Management acquired 24,574 shares of Francesca’s stock. The shares were purchased at an average price of $4.62 per share, with a total value of $113,531.88.

Shares of NASDAQ FRAN opened at $4.11 on Friday. The company’s 50 day moving average is $1.41. Francesca’s Holdings Corp has a 52 week low of $4.01 and a 52 week high of $99.24. The company has a quick ratio of 0.43, a current ratio of 0.82 and a debt-to-equity ratio of 3.69.

Francesca’s (NASDAQ:FRAN) last issued its quarterly earnings results on Friday, May 3rd. The specialty retailer reported ($0.12) EPS for the quarter, beating the consensus estimate of ($1.20) by $1.08. Francesca’s had a negative return on equity of 14.30% and a negative net margin of 11.38%. The firm had revenue of $119.31 million during the quarter.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Two Sigma Securities LLC acquired a new position in Francesca’s during the fourth quarter valued at approximately $25,000. Citigroup Inc. boosted its position in Francesca’s by 14,059.6% during the fourth quarter. Citigroup Inc. now owns 33,275 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 33,040 shares during the last quarter. Hanson & Doremus Investment Management boosted its position in Francesca’s by 700.7% during the first quarter. Hanson & Doremus Investment Management now owns 39,557 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 34,617 shares during the last quarter. Rhumbline Advisers boosted its position in Francesca’s by 16.5% during the fourth quarter. Rhumbline Advisers now owns 98,116 shares of the specialty retailer’s stock valued at $95,000 after purchasing an additional 13,864 shares during the last quarter. Finally, Stone Ridge Asset Management LLC boosted its position in Francesca’s by 73.1% during the fourth quarter. Stone Ridge Asset Management LLC now owns 121,646 shares of the specialty retailer’s stock valued at $118,000 after purchasing an additional 51,361 shares during the last quarter. 67.35% of the stock is owned by hedge funds and other institutional investors.

Separately, ValuEngine downgraded Zumiez from a “hold” rating to a “sell” rating in a report 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 presently has a consensus rating of “Hold” and an average price target 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.

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