Thomas Edward Gensemer Sells 1,797 Shares of Public Policy (NASDAQ:PPHC) Stock

Key Points

• Insider sale: Thomas Edward Gensemer sold 1,797 Public Policy shares at an average price of $10.94, totaling $19,659.18. He retained 102,803 shares after the transaction.
• Stock performance: PPHC fell 1.2% to $10.96, with a market capitalization of approximately $331.2 million. The stock has traded between $7.01 and $15.15 over the past year.
• Analyst sentiment: Public Policy has a consensus rating of “Hold” and an average price target of $17.00, including a Canaccord Genuity “Buy” rating with an $18.00 target.

Public Policy Holding Company, Inc. (NASDAQ:PPHC - Get Free Report) insider Thomas Edward Gensemer sold 1,797 shares of Public Policy stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $10.94, for a total transaction of $19,659.18. Following the sale, the insider owned 102,803 shares of the company's stock, valued at approximately $1,124,664.82. The trade was a 1.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Thomas Edward Gensemer also recently made the following trade(s):

• On Thursday, June 11th, Thomas Edward Gensemer sold 1,115 shares of Public Policy stock. The stock was sold at an average price of $10.35, for a total transaction of $11,540.25.
• On Wednesday, June 10th, Thomas Edward Gensemer sold 416 shares of Public Policy stock. The stock was sold at an average price of $10.19, for a total transaction of $4,239.04.

Public Policy Stock Down 1.2%

NASDAQ:PPHC traded down $0.13 during midday trading 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 52-week low of $7.01 and a 52-week high of $15.15. The stock has a fifty day simple moving average of $9.36. The firm has a market cap of $331.21 million and a P/E ratio of 99.64. 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 (NASDAQ:PPHC - Get Free Report) last released its quarterly earnings results on Tuesday, June 30th. The company reported $0.34 earnings per share for the quarter. Public Policy had a negative return on equity of 0.26% and a negative net margin of 18.85%.The business had revenue of $52.14 million for the quarter. As a group, research analysts forecast that Public Policy Holding Company, Inc. will post 0.5 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on PPHC shares. 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 reissued a "buy" rating and set a $18.00 price target on shares of Public Policy in a research note on Wednesday, July 8th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $17.00.

Hedge Funds Weigh In On Public Policy

An institutional investor recently bought a new position in Public Policy stock. Ancora Advisors LLC acquired a new stake in Public Policy Holding Company, Inc. (NASDAQ:PPHC - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 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 & Exchange Commission.

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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