Public Policy (NASDAQ:PPHC) CFO Roeland Jozef Bernard Smits Sells 1,797 Shares of Stock

Public Policy Holding Company, Inc. (NASDAQ:PPHC) CFO Roeland Jozef Bernard Smits sold 1,797 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $10.94, for a total transaction of $19,659.18. Following the completion of the sale, the chief financial officer directly owned 155,262 shares of the company’s stock, valued at $1,698,566.28. The trade was a 1.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Public Policy Stock Down 1.2%

Shares of PPHC opened at $10.96 on Wednesday. The company has a market cap of $331.21 million and a price-to-earnings ratio of 99.64. 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 50-day moving average of $9.38. Public Policy Holding Company, Inc. has a 52-week low of $7.01 and a 52-week high of $15.15.

Public Policy (NASDAQ:PPHC) last released its quarterly earnings results on Tuesday, June 30th. The company reported $0.34 EPS for the quarter. The company had revenue of $52.14 million for the quarter. Public Policy had a negative net margin of 18.85% and a negative return on equity of 0.26%. On average, equities analysts expect that Public Policy Holding Company, Inc. will post 0.5 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PPHC. Canaccord Genuity Group restated a “buy” rating and issued a $18.00 target price 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 issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $17.00.

Trending Headlines about Public Policy

Here are the key news stories impacting Public Policy this week:

• Neutral Sentiment: Reported short interest was listed at zero shares as of August 25, unchanged from the prior report, with a days-to-cover ratio of zero. However, the figures appear incomplete or erroneous because the reported percentage change was “NaN,” limiting their usefulness as a trading signal.
• Negative Sentiment: Five company insiders sold a combined 8,829 shares for approximately $96,589 at an average price of $10.94. The sellers included CFO Roeland Jozef Bernard Smits, EVP Ronald J. Jr. Starzman, director Keenan Nealean Austin, and insiders Thomas Edward Gensemer and Neal Howard Strum. Each seller reduced their individual holdings by roughly 1.1% to 2.5%, which can create near-term selling pressure and raise investor concerns about insider sentiment. The SEC filings disclose the transactions: Insider sale filing Executive sale filing CFO sale filing Insider sale filing Director sale filing

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Public Policy stock. Ancora Advisors LLC acquired a new stake in shares of Public Policy Holding Company, Inc. (NASDAQ:PPHC) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor 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 and Exchange Commission.

About Public Policy

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.