Public Policy (NASDAQ:PPHC) Insider Neal Howard Strum Sells 1,702 Shares of Stock

Public Policy Holding Company, Inc. (NASDAQ:PPHC) insider Neal Howard Strum sold 1,702 shares of Public Policy stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $10.94, for a total value of $18,619.88. Following the sale, the insider directly owned 106,192 shares in the company, valued at approximately $1,161,740.48. The trade was a 1.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

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 Down 1.2%

Shares of NASDAQ PPHC opened at $10.96 on Wednesday. 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 Holding Company, Inc. has a fifty-two week low of $7.01 and a fifty-two week high of $15.15. The company’s 50 day simple moving average is $9.38. The firm has a market cap of $331.21 million and a price-to-earnings ratio of 99.64.

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

Analyst Upgrades and Downgrades

A number of research analysts have commented on PPHC shares. Canaccord Genuity Group reiterated a “buy” rating and set a $18.00 price objective on shares of Public Policy in a research note on Wednesday, July 8th. 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. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $17.00.

More Public Policy News

Here are the key news stories impacting Public Policy this week:

• Neutral Sentiment: Reported short interest was listed at zero shares as of August 25, unchanged from the prior report, with a days-to-cover ratio of zero. However, the figures appear incomplete or erroneous because the reported percentage change was “NaN,” limiting their usefulness as a trading signal.
• Negative Sentiment: Five company insiders sold a combined 8,829 shares for approximately $96,589 at an average price of $10.94. The sellers included CFO Roeland Jozef Bernard Smits, EVP Ronald J. Jr. Starzman, director Keenan Nealean Austin, and insiders Thomas Edward Gensemer and Neal Howard Strum. Each seller reduced their individual holdings by roughly 1.1% to 2.5%, which can create near-term selling pressure and raise investor concerns about insider sentiment. The SEC filings disclose the transactions: Insider sale filing Executive sale filing CFO sale filing Insider sale filing Director sale filing

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Public Policy stock. Ancora Advisors LLC bought a new position in shares of Public Policy Holding Company, Inc. (NASDAQ:PPHC) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 252,228 shares of the company’s stock, valued at approximately $1,869,000. Ancora Advisors LLC owned about 0.83% of Public Policy as of its most recent SEC filing.

Public Policy Company Profile

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.