Public Policy (NASDAQ:PPHC) Insider Neal Howard Strum Sells 1,702 Shares of Stock

Key Points

• Insider Neal Howard Strum sold 1,702 PPHC shares at an average price of $10.94, generating $18,619.88. He retains 106,192 shares, and the sale reduced his ownership by 1.58%.
• Public Policy shares traded at $10.96, with a market capitalization of approximately $331.2 million and a 52-week range of $7.01 to $15.15. The stock carries a consensus “Hold” rating and an average analyst price target of $17.00.
• Ancora Advisors acquired 252,228 shares worth about $1.87 million, representing approximately 0.83% of the company. Public Policy reported quarterly revenue of $52.14 million and EPS of $0.34, while analysts expect full-year EPS of $0.50.

Public Policy Holding Company, Inc. (NASDAQ:PPHC - Get Free Report) insider Neal Howard Strum sold 1,702 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $10.94, for a total transaction of $18,619.88. Following the completion of the sale, the insider directly owned 106,192 shares of the company's stock, valued at $1,161,740.48. This trade represents a 1.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Neal Howard Strum also recently made the following trade(s):

• On Thursday, June 11th, Neal Howard Strum sold 2,007 shares of Public Policy stock. The stock was sold at an average price of $10.35, for a total transaction of $20,772.45.
• On Wednesday, June 10th, Neal Howard Strum sold 749 shares of Public Policy stock. The shares were sold at an average price of $10.19, for a total transaction of $7,632.31.

Public Policy Price Performance

Public Policy stock traded down $0.13 during trading hours on Tuesday, hitting $10.96. The company had a trading volume of 126,506 shares, compared to its average volume of 118,283. Public Policy Holding Company, Inc. has a fifty-two week low of $7.01 and a fifty-two week high of $15.15. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $331.21 million and a price-to-earnings ratio of 99.64. The company's fifty day moving average is $9.36.

Public Policy (NASDAQ:PPHC - Get Free Report) last issued its earnings results on Tuesday, June 30th. The company reported $0.34 earnings per share (EPS) 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 during the quarter. Analysts anticipate that Public Policy Holding Company, Inc. will post 0.5 earnings per share for the current year.

Institutional Trading of Public Policy

An institutional investor recently bought a new stake in Public Policy stock. Ancora Advisors LLC bought a new position in Public Policy Holding Company, Inc. (NASDAQ:PPHC - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 252,228 shares of the company's stock, valued at approximately $1,869,000. Ancora Advisors LLC owned approximately 0.83% of Public Policy as of its most recent SEC filing.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on PPHC. Canaccord Genuity Group reissued a "buy" rating and set a $18.00 price objective on shares of Public Policy in a research report on Wednesday, July 8th. Weiss Ratings raised Public Policy from a "sell (e-)" rating to a "sell (e)" rating in a research note on Wednesday, July 1st. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Public Policy currently has a consensus rating of "Hold" and a consensus 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.

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