Francesca’s Holdings Corp (NASDAQ:FRAN) Major Shareholder Acquires $94,500.00 in Stock

Francesca’s Holdings Corp (NASDAQ:FRAN) major shareholder Cross River Capital Management purchased 175,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The stock was acquired at an average cost of $0.54 per share, with a total value of $94,500.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Major shareholders that own at least 10% 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 acquired at an average cost 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 acquired at an average cost of $0.49 per share, with a total value of $7,350.00.
  • On Monday, June 10th, Cross River Capital Management purchased 15,000 shares of Francesca’s stock. The stock was acquired at an average cost of $0.50 per share, with a total value of $7,500.00.
  • On Wednesday, June 5th, Cross River Capital Management purchased 5,000 shares of Francesca’s stock. The stock was acquired at an average cost of $0.50 per share, with a total value of $2,500.00.
  • On Monday, June 3rd, Cross River Capital Management purchased 15,000 shares of Francesca’s stock. The stock was acquired at an average cost of $0.49 per share, with a total value of $7,350.00.
  • On Wednesday, May 29th, Cross River Capital Management purchased 20,000 shares of Francesca’s stock. The stock was acquired at an average cost of $0.50 per share, with a total value of $10,000.00.
  • On Friday, May 24th, Cross River Capital Management purchased 25,000 shares of Francesca’s stock. The stock was acquired at an average cost of $0.52 per share, with a total value of $13,000.00.
  • On Monday, May 20th, Cross River Capital Management purchased 78,000 shares of Francesca’s stock. The stock was acquired at an average cost of $0.56 per share, with a total value of $43,680.00.
  • On Thursday, May 16th, Cross River Capital Management purchased 20,000 shares of Francesca’s stock. The stock was acquired at an average cost of $0.55 per share, with a total value of $11,000.00.
  • On Wednesday, July 10th, Cross River Capital Management purchased 24,574 shares of Francesca’s stock. The stock was acquired at an average cost of $4.62 per share, with a total value of $113,531.88.

NASDAQ:FRAN opened at $4.11 on Friday. The business has a 50-day simple moving average of $1.41. The company has a debt-to-equity ratio of 3.69, a current ratio of 0.82 and a quick ratio of 0.43. Francesca’s Holdings Corp has a 12-month low of $4.01 and a 12-month high of $99.24.



Francesca’s (NASDAQ:FRAN) last posted its quarterly earnings data on Friday, May 3rd. The specialty retailer reported ($0.12) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.20) by $1.08. The company had revenue of $119.31 million during 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 research report on Monday, May 13th. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $24.00.

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

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.

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

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