Roeland Jozef Bernard Smits Sells 1,797 Shares of Public Policy (NASDAQ:PPHC) Stock

Public Policy Holding Company, Inc. (NASDAQ:PPHC) CFO Roeland Jozef Bernard Smits sold 1,797 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $10.94, for a total value of $19,659.18. Following the sale, the chief financial officer directly owned 155,262 shares in the company, valued at approximately $1,698,566.28. This represents a 1.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Public Policy Stock Performance

Public Policy stock opened at $10.64 on Thursday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.60 and a quick ratio of 1.60. Public Policy Holding Company, Inc. has a 12 month low of $7.01 and a 12 month high of $15.15. The company has a fifty day moving average price of $9.40 and a two-hundred day moving average price of $11.35. The company has a market cap of $321.54 million and a PE ratio of 96.73.

Public Policy (NASDAQ:PPHC) last issued its earnings results on Tuesday, June 30th. The company reported $0.34 earnings per share for the quarter. Public Policy had a negative net margin of 18.85% and a negative return on equity of 0.26%. The company had revenue of $52.14 million for the quarter. Research analysts expect that Public Policy Holding Company, Inc. will post 0.5 earnings per share for the current year.

Public Policy News Roundup

Here are the key news stories impacting Public Policy this week:

• Positive Sentiment: Ancora Advisors initiated a position of 252,228 shares, worth approximately $1.9 million, during the second quarter. Analysts also remain mixed but generally constructive, with two Buy ratings, one Hold, one Sell, and a consensus price target of $17 versus recent trading levels. Public Policy analyst and institutional ownership information
• Neutral Sentiment: Reported short interest was zero shares as of August 25, unchanged from the prior report, with a days-to-cover ratio of zero. However, the accompanying percentage change was reported as “NaN,” suggesting the data may be incomplete and limiting its value as a market signal. PPHC short interest report
• Negative Sentiment: Five insiders sold a combined 8,829 shares for approximately $96,589 at an average price of $10.94. Sellers included the CFO, an EVP, a director, and two other insiders; each reduced their holdings by roughly 1.1% to 2.5%. While the sales were relatively small compared with their remaining positions, the concentration of insider selling can raise concerns about management confidence and contribute to near-term pressure on PPHC. PPHC insider sales report

Hedge Funds Weigh In On Public Policy

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on PPHC shares. 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 reiterated a “buy” rating and set a $18.00 price target on shares of Public Policy in a research report on Wednesday, July 8th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $17.00.

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.