Insider Selling: Public Policy (NASDAQ:PPHC) Insider Sells $18,619.88 in Stock

Public Policy Holding Company, Inc. (NASDAQ:PPHC) insider Neal Howard Strum sold 1,702 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 value of $18,619.88. Following the completion of the transaction, the insider owned 106,192 shares in the company, valued at approximately $1,161,740.48. This trade represents a 1.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Neal Howard Strum also recently made the following trade(s):

• On Thursday, June 11th, Neal Howard Strum sold 2,007 shares of Public Policy stock. The stock was sold at an average price of $10.35, for a total value of $20,772.45.
• On Wednesday, June 10th, Neal Howard Strum sold 749 shares of Public Policy stock. The shares were sold at an average price of $10.19, for a total value of $7,632.31.

Public Policy Stock Performance

NASDAQ:PPHC opened at $11.20 on Friday. The company has a market cap of $338.46 million and a P/E ratio of 101.82. The company’s 50-day moving average price is $9.45 and its 200-day moving average price is $11.34. Public Policy Holding Company, Inc. has a twelve month low of $7.01 and a twelve month high of $15.15. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29.

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

Hedge Funds Weigh In On Public Policy

A hedge fund recently bought a new position in Public Policy stock. Ancora Advisors LLC acquired a new position in shares of Public Policy Holding Company, Inc. (NASDAQ:PPHC) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 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 filing with the SEC.

Analyst Upgrades and Downgrades

Several research firms have recently commented on PPHC. Weiss Ratings raised shares of Public Policy from a “sell (e-)” rating to a “sell (e)” rating in a research report on Wednesday, July 1st. Canaccord Genuity Group reissued a “buy” rating and set a $18.00 target price 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus 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.