Papa Murphy's Holdings Inc (FRSH) Major Shareholder Mfp Partners Lp Acquires 21,855 Shares of Stock

Papa Murphy's Holdings Inc (NASDAQ:FRSH) major shareholder Mfp Partners Lp purchased 21,855 shares of the business’s stock in a transaction on Friday, July 7th. The shares were bought at an average cost of $4.23 per share, for a total transaction of $92,446.65. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Mfp Partners Lp also recently made the following trade(s):

  • On Thursday, July 6th, Mfp Partners Lp bought 5,000 shares of Papa Murphy's Holdings stock. The stock was acquired at an average cost of $4.20 per share, for a total transaction of $21,000.00.
  • On Wednesday, July 5th, Mfp Partners Lp bought 16,755 shares of Papa Murphy's Holdings stock. The stock was acquired at an average cost of $4.24 per share, for a total transaction of $71,041.20.
  • On Friday, June 30th, Mfp Partners Lp bought 20,745 shares of Papa Murphy's Holdings stock. The stock was acquired at an average cost of $4.37 per share, for a total transaction of $90,655.65.
  • On Tuesday, June 27th, Mfp Partners Lp bought 6,415 shares of Papa Murphy's Holdings stock. The stock was acquired at an average cost of $4.48 per share, for a total transaction of $28,739.20.
  • On Monday, June 26th, Mfp Partners Lp bought 9,372 shares of Papa Murphy's Holdings stock. The stock was acquired at an average cost of $4.39 per share, for a total transaction of $41,143.08.
  • On Wednesday, June 28th, Mfp Partners Lp bought 23,187 shares of Papa Murphy's Holdings stock. The stock was acquired at an average cost of $4.41 per share, for a total transaction of $102,254.67.
  • On Thursday, June 22nd, Mfp Partners Lp bought 232,213 shares of Papa Murphy's Holdings stock. The stock was acquired at an average cost of $4.06 per share, for a total transaction of $942,784.78.

Shares of Papa Murphy's Holdings Inc (FRSH) traded up 2.14% during trading on Monday, hitting $4.30. 159,858 shares of the stock were exchanged. The stock’s 50 day moving average is $4.56 and its 200-day moving average is $4.60. Papa Murphy's Holdings Inc has a 12-month low of $3.56 and a 12-month high of $7.80. The stock’s market cap is $72.95 million.

Papa Murphy's Holdings (NASDAQ:FRSH) last posted its earnings results on Wednesday, May 10th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.11. The firm had revenue of $31.99 million during the quarter, compared to analysts’ expectations of $35.59 million. Papa Murphy's Holdings had a negative net margin of 16.92% and a negative return on equity of 21.96%. The company’s revenue was down 3.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.04 earnings per share. Equities research analysts anticipate that Papa Murphy's Holdings Inc will post $0.21 EPS for the current year.

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A number of hedge funds have recently bought and sold shares of the stock. Boston Partners boosted its stake in shares of Papa Murphy's Holdings by 2.2% in the first quarter. Boston Partners now owns 616,342 shares of the company’s stock worth $2,940,000 after buying an additional 13,104 shares during the last quarter. Signia Capital Management LLC purchased a new stake in shares of Papa Murphy's Holdings during the first quarter worth $2,610,000. Citadel Advisors LLC purchased a new stake in shares of Papa Murphy's Holdings during the first quarter worth $107,000. Renaissance Technologies LLC purchased a new stake in shares of Papa Murphy's Holdings during the first quarter worth $421,000. Finally, KCG Holdings Inc. purchased a new stake in shares of Papa Murphy's Holdings during the first quarter worth $357,000. Hedge funds and other institutional investors own 32.30% of the company’s stock.

A number of brokerages have recently commented on FRSH. Jefferies Group LLC reissued a “hold” rating on shares of Papa Murphy's Holdings in a research note on Thursday, May 11th. Zacks Investment Research downgraded shares of Papa Murphy's Holdings from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 25th. Finally, Wells Fargo & Company downgraded shares of Papa Murphy's Holdings from an “outperform” rating to a “market perform” rating and cut their target price for the company from $5.25 to $5.00 in a research note on Tuesday, May 23rd. Six investment analysts have rated the stock with a hold rating, The company has an average rating of “Hold” and an average target price of $5.08.

About Papa Murphy's Holdings

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.

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

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