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Mfp Partners Lp Buys 30,900 Shares of Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) Stock

Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) major shareholder Mfp Partners Lp acquired 30,900 shares of the firm’s stock in a transaction dated Tuesday, July 18th. The shares were purchased at an average price of $4.15 per share, with a total value of $128,235.00. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

Papa Murphy’s Holdings, Inc. (NASDAQ FRSH) traded down 1.10% on Friday, reaching $4.50. The company’s stock had a trading volume of 17,343 shares. The company’s 50 day moving average price is $4.32 and its 200-day moving average price is $4.58. The stock’s market cap is $76.34 million. Papa Murphy’s Holdings, Inc. has a 12-month low of $3.56 and a 12-month high of $7.49.

Papa Murphy’s Holdings (NASDAQ:FRSH) last posted its quarterly earnings data on Wednesday, May 10th. The company reported $0.05 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.11. Papa Murphy’s Holdings had a positive return on equity of 2.91% and a negative net margin of 2.71%. The company had revenue of $31.99 million during the quarter, compared to analyst estimates of $35.59 million. During the same quarter last year, the company earned $0.04 EPS. The firm’s revenue for the quarter was down 3.0% on a year-over-year basis. On average, equities analysts expect that Papa Murphy’s Holdings, Inc. will post $0.21 EPS for the current year.

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Hedge funds and other institutional investors have recently bought and sold shares of the stock. Boston Partners raised 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 worth $2,940,000 after buying an additional 13,104 shares during the period. Citadel Advisors LLC bought a new position in Papa Murphy’s Holdings during the first quarter worth $107,000. KCG Holdings Inc. bought a new position in Papa Murphy’s Holdings during the first quarter worth $357,000. Renaissance Technologies LLC bought a new position in Papa Murphy’s Holdings during the first quarter worth $421,000. Finally, Signia Capital Management LLC bought a new position in Papa Murphy’s Holdings during the first quarter worth $2,610,000. 32.36% of the stock is owned by institutional investors.

Several research analysts recently issued reports on FRSH shares. Wells Fargo & Company cut 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 report on Tuesday, May 23rd. Jefferies Group LLC reaffirmed a “hold” rating on shares of Papa Murphy’s Holdings in a research report on Thursday, May 11th. Finally, Zacks Investment Research cut Papa Murphy’s Holdings from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 25th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $5.08.

Papa Murphy’s Holdings Company Profile

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.