Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) major shareholder Mfp Partners Lp bought 30,900 shares of Papa Murphy’s Holdings stock in a transaction on Tuesday, July 18th. The stock was purchased at an average price of $4.15 per share, for a total transaction of $128,235.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Large 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 Monday, July 17th, Mfp Partners Lp acquired 10,032 shares of Papa Murphy’s Holdings stock. The shares were bought at an average price of $4.20 per share, for a total transaction of $42,134.40.
- On Wednesday, July 19th, Mfp Partners Lp acquired 50,032 shares of Papa Murphy’s Holdings stock. The shares were bought at an average price of $4.18 per share, for a total transaction of $209,133.76.
- On Thursday, July 13th, Mfp Partners Lp bought 200 shares of Papa Murphy’s Holdings stock. The shares were acquired at an average cost of $4.20 per share, with a total value of $840.00.
- On Wednesday, July 12th, Mfp Partners Lp bought 4,350 shares of Papa Murphy’s Holdings stock. The shares were acquired at an average cost of $4.20 per share, with a total value of $18,270.00.
- On Monday, July 10th, Mfp Partners Lp bought 100 shares of Papa Murphy’s Holdings stock. The shares were acquired at an average cost of $4.20 per share, with a total value of $420.00.
- On Friday, July 14th, Mfp Partners Lp bought 30,968 shares of Papa Murphy’s Holdings stock. The shares were acquired at an average cost of $4.20 per share, with a total value of $130,065.60.
- On Thursday, July 6th, Mfp Partners Lp acquired 5,000 shares of Papa Murphy’s Holdings stock. The stock was purchased at an average cost of $4.20 per share, with a total value of $21,000.00.
- On Wednesday, July 5th, Mfp Partners Lp acquired 16,755 shares of Papa Murphy’s Holdings stock. The stock was purchased at an average cost of $4.24 per share, with a total value of $71,041.20.
- On Friday, July 7th, Mfp Partners Lp acquired 21,855 shares of Papa Murphy’s Holdings stock. The shares were purchased at an average price of $4.23 per share, for a total transaction of $92,446.65.
- On Friday, June 30th, Mfp Partners Lp bought 20,745 shares of Papa Murphy’s Holdings stock. The stock was bought at an average price of $4.37 per share, for a total transaction of $90,655.65.
Shares of Papa Murphy’s Holdings, Inc. (FRSH) traded down 2.31% during mid-day trading on Monday, reaching $4.23. The company’s stock had a trading volume of 65,493 shares. Papa Murphy’s Holdings, Inc. has a 52-week low of $3.56 and a 52-week high of $7.25. The firm has a 50 day moving average price of $4.28 and a 200 day moving average price of $4.58. The firm’s market cap is $71.76 million.
Papa Murphy’s Holdings (NASDAQ:FRSH) last released its quarterly earnings data on Wednesday, May 10th. The company reported $0.05 earnings per share for the quarter, beating the Thomson Reuters’ 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 for the quarter, compared to the consensus estimate of $35.59 million. During the same quarter last year, the business posted $0.04 EPS. Papa Murphy’s Holdings’s revenue for the quarter was down 3.0% on a year-over-year basis. On average, equities analysts predict that Papa Murphy’s Holdings, Inc. will post $0.21 EPS for the current fiscal year.
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A number of brokerages recently weighed in on FRSH. Jefferies Group LLC restated a “hold” rating and set a $5.00 price objective on shares of Papa Murphy’s Holdings in a research note on Thursday. Zacks Investment Research cut Papa Murphy’s Holdings from a “buy” rating to a “hold” rating in a research note on Friday, July 21st. Finally, Wells Fargo & Company lowered Papa Murphy’s Holdings from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $5.25 to $5.00 in a research report on Tuesday, May 23rd. Seven analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and a consensus target price of $4.92.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Boston Partners increased its position 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 in the last quarter. Signia Capital Management LLC purchased a new stake in shares of Papa Murphy’s Holdings during the first quarter worth approximately $2,610,000. Citadel Advisors LLC bought a new stake in shares of Papa Murphy’s Holdings during the first quarter worth approximately $107,000. Renaissance Technologies LLC bought a new stake in shares of Papa Murphy’s Holdings during the first quarter worth approximately $421,000. Finally, KCG Holdings Inc. bought a new stake in shares of Papa Murphy’s Holdings during the first quarter worth approximately $357,000. 32.41% of the stock is currently 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.
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