Francesca’s Holdings Corp (NASDAQ:FRAN) Major Shareholder Cross River Capital Management Purchases 14,500 Shares

Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management acquired 14,500 shares of the stock in a transaction dated Monday, July 8th. The shares were bought at an average cost of $4.89 per share, with a total value of $70,905.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock 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 purchased 5,000 shares of Francesca’s stock. The stock was 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 purchased 15,000 shares of Francesca’s stock. The stock was 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 bought 15,000 shares of Francesca’s stock. The shares were bought 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 bought 5,000 shares of Francesca’s stock. The shares were bought 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 bought 15,000 shares of Francesca’s stock. The shares were bought 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 bought 20,000 shares of Francesca’s stock. The shares were bought at an average price of $0.50 per share, with a total value of $10,000.00.
  • On Friday, May 24th, Cross River Capital Management bought 25,000 shares of Francesca’s stock. The shares were bought at an average price of $0.52 per share, with a total value of $13,000.00.
  • On Wednesday, May 22nd, Cross River Capital Management bought 175,000 shares of Francesca’s stock. The shares were bought 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 bought 78,000 shares of Francesca’s stock. The shares were bought 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 bought 20,000 shares of Francesca’s stock. The shares were bought at an average price of $0.55 per share, with a total value of $11,000.00.

Shares of NASDAQ FRAN traded down $0.38 during midday trading on Thursday, reaching $4.29. The stock had a trading volume of 351,635 shares, compared to its average volume of 95,003. Francesca’s Holdings Corp has a twelve month low of $4.05 and a twelve month high of $99.24. The company has a debt-to-equity ratio of 3.69, a quick ratio of 0.43 and a current ratio of 0.82. The firm has a 50 day simple moving average of $1.26.



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

Separately, ValuEngine lowered shares of Zumiez from a “hold” rating to a “sell” rating in a report on Monday, May 13th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $24.00.

Hedge funds and other institutional investors have recently modified their holdings of the company. Two Sigma Securities LLC acquired a new position in shares of Francesca’s in the 4th quarter worth approximately $25,000. Citigroup Inc. lifted its position in shares of 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 purchasing an additional 33,040 shares during the period. Hanson & Doremus Investment Management lifted its position in shares of 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 purchasing an additional 34,617 shares during the period. Rhumbline Advisers lifted its position in shares of 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 purchasing an additional 13,864 shares during the period. Finally, Stone Ridge Asset Management LLC lifted its position in shares of 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 purchasing an additional 51,361 shares during the period. Hedge funds and other institutional investors own 67.35% of the company’s stock.

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.

Further Reading: Current Ratio

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

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