Roeland Jozef Bernard Smits Sells 1,797 Shares of Public Policy (NASDAQ:PPHC) 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 that occurred on Monday, August 24th. The stock was sold at an average price of $10.94, for a total transaction of $19,659.18. Following the sale, the chief financial officer directly owned 155,262 shares in the company, valued at approximately $1,698,566.28. The trade was a 1.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Public Policy Stock Down 1.2%

PPHC stock traded down $0.13 during midday trading on Tuesday, hitting $10.96. The company’s stock had a trading volume of 126,506 shares, compared to its average volume of 118,283. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.29. Public Policy Holding Company, Inc. has a 52-week low of $7.01 and a 52-week high of $15.15. The company has a market cap of $331.21 million and a price-to-earnings ratio of 99.64. The firm has a 50-day moving average of $9.36.

Public Policy (NASDAQ:PPHC) last posted its quarterly earnings data 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. On average, sell-side analysts expect that Public Policy Holding Company, Inc. will post 0.5 earnings per share for the current fiscal year.

Institutional Trading of Public Policy

A hedge fund recently bought a new stake in Public Policy stock. Ancora Advisors LLC bought a new position in shares of Public Policy Holding Company, Inc. (NASDAQ:PPHC) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 252,228 shares of the company’s stock, valued at approximately $1,869,000. Ancora Advisors LLC owned approximately 0.83% of Public Policy as of its most recent filing with the SEC.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Weiss Ratings raised Public Policy from a “sell (e-)” rating to a “sell (e)” rating in a research report on Wednesday, July 1st. Canaccord Genuity Group reiterated a “buy” rating and issued a $18.00 price target on shares of Public Policy in a research note on Wednesday, July 8th. Two investment 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. According to data from MarketBeat, Public Policy presently has an average rating of “Hold” and an average price target 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.