Insider Selling: Public Policy (NASDAQ:PPHC) EVP Sells $16,410.00 in Stock

Public Policy Holding Company, Inc. (NASDAQ:PPHC) EVP Ronald Jr. Starzman sold 1,500 shares of the business’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $10.94, for a total value of $16,410.00. Following the sale, the executive vice president owned 71,390 shares in the company, valued at $781,006.60. The trade was a 2.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Public Policy Trading Up 5.3%

NASDAQ PPHC opened at $11.20 on Friday. 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 has a fifty day simple moving average of $9.45 and a two-hundred day simple moving average of $11.34. Public Policy Holding Company, Inc. has a 12-month low of $7.01 and a 12-month high of $15.15. The stock has a market cap of $338.46 million and a P/E ratio of 101.82.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Public Policy stock. Ancora Advisors LLC purchased a new stake in Public Policy Holding Company, Inc. (NASDAQ:PPHC) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 252,228 shares of the company’s stock, valued at approximately $1,869,000. Ancora Advisors LLC owned about 0.83% of Public Policy as of its most recent filing with the Securities and Exchange Commission (SEC).

Wall Street Analyst Weigh In

Several brokerages recently weighed in on PPHC. Weiss Ratings upgraded Public Policy from a “sell (e-)” rating to a “sell (e)” rating in a research report on Wednesday, July 1st. Canaccord Genuity Group reiterated a “buy” rating and issued a $18.00 price objective on shares of Public Policy in a report on Wednesday, July 8th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $17.00.

About Public Policy

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.