Insider Selling: Public Policy (NASDAQ:PPHC) Insider Sells $19,659.18 in Stock

Public Policy Holding Company, Inc. (NASDAQ:PPHC) insider Thomas Edward Gensemer sold 1,797 shares of the firm’s 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 completion of the sale, the insider directly owned 102,803 shares of the company’s stock, valued at approximately $1,124,664.82. This represents a 1.72% decrease in their position. The sale was disclosed in a 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 value of $4,239.04.

Public Policy Stock Performance

Shares of PPHC stock opened at $11.20 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.60 and a quick ratio of 1.60. The stock has a market cap of $338.46 million and a PE ratio of 101.82. The stock has a 50-day moving average of $9.45 and a 200-day moving average of $11.34. Public Policy Holding Company, Inc. has a one year low of $7.01 and a one year high of $15.15.

Public Policy (NASDAQ:PPHC) last released its quarterly earnings data on Tuesday, June 30th. The company reported $0.34 earnings per share for the quarter. The business 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%. As a group, sell-side analysts expect 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 position in Public Policy stock. Ancora Advisors LLC purchased a new stake in Public Policy Holding Company, Inc. (NASDAQ:PPHC) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 252,228 shares of the company’s stock, valued at approximately $1,869,000. Ancora Advisors LLC owned 0.83% of Public Policy as of its most recent SEC filing.

Analyst Ratings Changes

PPHC has been the subject of several research analyst reports. Canaccord Genuity Group reissued a “buy” rating and issued a $18.00 price target on shares of Public Policy in a report on Wednesday, July 8th. Weiss Ratings upgraded Public Policy from a “sell (e-)” rating to a “sell (e)” rating in a report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $17.00.

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.