Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) Director Jean Birch acquired 10,000 shares of Papa Murphy’s Holdings stock in a transaction dated Tuesday, November 22nd. The stock was bought at an average price of $4.69 per share, for a total transaction of $46,900.00. Following the completion of the transaction, the director now directly owns 20,095 shares of the company’s stock, valued at $94,245.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) opened at 4.66 on Friday. Papa Murphy’s Holdings Inc. has a 52-week low of $3.56 and a 52-week high of $12.96. The company’s 50-day moving average price is $5.20 and its 200 day moving average price is $6.40. The stock has a market capitalization of $79.06 million, a P/E ratio of 20.53 and a beta of 0.25.

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

Insider Buying and Selling by Quarter for Papa Murphy`s Holdings (NASDAQ:FRSH)

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A number of hedge funds have recently made changes to their positions in the stock. Monarch Partners Asset Management LLC purchased a new position in shares of Papa Murphy’s Holdings during the second quarter valued at about $214,000. Emerald Acquisition Ltd. purchased a new position in shares of Papa Murphy’s Holdings during the second quarter valued at about $352,000. California Public Employees Retirement System purchased a new position in shares of Papa Murphy’s Holdings during the second quarter valued at about $117,000. Boston Partners boosted 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 valued at $3,629,000 after buying an additional 12,449 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of Papa Murphy’s Holdings by 7.8% in the second quarter. Vanguard Group Inc. now owns 390,233 shares of the company’s stock valued at $2,590,000 after buying an additional 28,214 shares during the period. 78.02% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts have recently issued reports on FRSH shares. Zacks Investment Research upgraded Papa Murphy’s Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, August 30th. Jefferies Group restated a “hold” rating and issued a $7.00 price objective (down from $9.00) on shares of Papa Murphy’s Holdings in a research report on Thursday, August 4th. Citigroup Inc. downgraded Papa Murphy’s Holdings from an “outperform” rating to a “market perform” rating in a research report on Friday, November 4th. Raymond James Financial Inc. restated a “market perform” rating on shares of Papa Murphy’s Holdings in a research report on Friday, November 4th. Finally, Robert W. Baird restated a “neutral” rating on shares of Papa Murphy’s Holdings in a research report on Thursday, September 8th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. The company has a consensus rating of “Hold” and an average price target of $10.50.

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.

5 Day Chart for NASDAQ:FRSH

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