Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) Director L David Mounts acquired 100,000 shares of the company’s stock in a transaction on Friday, November 18th. The shares were purchased at an average cost of $4.42 per share, for a total transaction of $442,000.00. Following the acquisition, the director now owns 7,944 shares of the company’s stock, valued at approximately $35,112.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Shares of Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) opened at 4.66 on Thursday. The stock’s 50 day moving average is $5.29 and its 200 day moving average is $6.43. The firm has a market cap of $79.06 million, a P/E ratio of 20.53 and a beta of 0.25. Papa Murphy’s Holdings Inc. has a 52 week low of $3.56 and a 52 week high of $12.96.

Papa Murphy’s Holdings (NASDAQ:FRSH) last issued its quarterly earnings data on Wednesday, November 2nd. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by $0.08. Papa Murphy’s Holdings had a return on equity of 3.13% and a net margin of 3.04%. The firm earned $28.50 million during the quarter, compared to analyst estimates of $31.26 million. During the same quarter in the prior year, the firm earned $0.07 EPS. The business’s quarterly revenue was up 1.4% compared to the same quarter last year. On average, equities research analysts predict that Papa Murphy’s Holdings Inc. will post $0.10 earnings per share for the current fiscal year.

Institutional investors have recently modified their holdings of the company. Menta Capital LLC raised its position in shares of Papa Murphy’s Holdings by 7.1% in the second quarter. Menta Capital LLC now owns 33,736 shares of the company’s stock worth $224,000 after buying an additional 2,232 shares in the last quarter. BlackRock Institutional Trust Company N.A. raised its position in shares of Papa Murphy’s Holdings by 1.6% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 193,607 shares of the company’s stock worth $1,249,000 after buying an additional 3,035 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Papa Murphy’s Holdings by 28.4% in the third quarter. Bank of New York Mellon Corp now owns 22,233 shares of the company’s stock worth $144,000 after buying an additional 4,921 shares in the last quarter. Northern Trust Corp raised its position in shares of Papa Murphy’s Holdings by 41.9% in the third quarter. Northern Trust Corp now owns 19,735 shares of the company’s stock worth $127,000 after buying an additional 5,827 shares in the last quarter. Finally, Boston Partners raised its position in shares of Papa Murphy’s Holdings by 2.3% in the second quarter. Boston Partners now owns 547,014 shares of the company’s stock worth $3,629,000 after buying an additional 12,449 shares in the last quarter. Hedge funds and other institutional investors own 78.02% of the company’s stock.

Several brokerages have issued reports on FRSH. Robert W. Baird reaffirmed a “neutral” rating on shares of Papa Murphy’s Holdings in a report on Thursday, September 8th. Raymond James Financial Inc. reaffirmed a “market perform” rating on shares of Papa Murphy’s Holdings in a report on Friday, November 4th. Zacks Investment Research raised Papa Murphy’s Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, September 14th. Jefferies Group reaffirmed a “hold” rating and set a $5.50 price objective on shares of Papa Murphy’s Holdings in a report on Friday, November 4th. Finally, Citigroup Inc. lowered Papa Murphy’s Holdings from an “outperform” rating to a “market perform” rating in a report on Friday, November 4th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $10.50.

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Papa Murphy’s Holdings Company Profile

Papa Murphy’s Holdings, Inc is a holding company. The Company, together with its subsidiaries, is a franchisor and operator of the Take ‘N’ Bake pizza chain in the United States. The Company franchises the right to operate Take ‘N’ Bake pizza franchises and operates Take ‘N’ Bake pizza stores owned by the Company.

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