Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) insider Weldon W. Spangler acquired 21,000 shares of the stock in a transaction on Tuesday, August 15th. The shares were bought at an average cost of $4.39 per share, for a total transaction of $92,190.00. Following the purchase, the insider now directly owns 11,000 shares of the company’s stock, valued at approximately $48,290. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

Papa Murphy’s Holdings, Inc. (NASDAQ FRSH) traded down 2.00% during trading on Wednesday, reaching $4.41. The company’s stock had a trading volume of 224,960 shares. The company has a 50 day moving average price of $4.29 and a 200-day moving average price of $4.56. Papa Murphy’s Holdings, Inc. has a 52 week low of $3.50 and a 52 week high of $6.88. The company’s market capitalization is $74.82 million.

Papa Murphy’s Holdings (NASDAQ:FRSH) last released its quarterly earnings results on Wednesday, August 9th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.03. The company had revenue of $29.10 million during the quarter, compared to the consensus estimate of $30.89 million. Papa Murphy’s Holdings had a positive return on equity of 3.16% and a negative net margin of 8.43%. Papa Murphy’s Holdings’s revenue was down 2.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.06 earnings per share. Equities research analysts anticipate that Papa Murphy’s Holdings, Inc. will post $0.28 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: “Papa Murphy’s Holdings, Inc. (FRSH) Insider Purchases $92,190.00 in Stock” was published by American Banking News and is the sole property of of American Banking News. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this story can be accessed at https://www.americanbankingnews.com/2017/08/16/papa-murphys-holdings-inc-frsh-insider-purchases-92190-00-in-stock.html.

A number of research firms have weighed in 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 lowered 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 lowered Papa Murphy’s Holdings from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $5.25 to $5.00 in a research note on Tuesday, May 23rd. Seven investment analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and an average target price of $4.75.

A number of institutional investors have recently added to or reduced their stakes in the company. Boston Partners increased its position in Papa Murphy’s Holdings by 2.2% in the first quarter. Boston Partners now owns 616,342 shares of the company’s stock valued at $2,940,000 after buying an additional 13,104 shares during the last quarter. Signia Capital Management LLC bought a new position in Papa Murphy’s Holdings during the first quarter valued at $2,610,000. B. Riley Financial Inc. bought a new position in Papa Murphy’s Holdings during the second quarter valued at $437,000. Renaissance Technologies LLC bought a new position in Papa Murphy’s Holdings during the first quarter valued at $421,000. Finally, FMR LLC bought a new position in Papa Murphy’s Holdings during the second quarter valued at $361,000. 31.69% of the stock is owned by institutional investors.

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)

Receive News & Ratings for Papa Murphy's Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Papa Murphy's Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.