Public Policy (NASDAQ:PPHC) Director Sells $22,241.02 in Stock

Public Policy Holding Company, Inc. (NASDAQ:PPHC) Director Keenan Nealean Austin sold 2,033 shares of Public Policy stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $10.94, for a total value of $22,241.02. Following the completion of the transaction, the director directly owned 81,039 shares in the company, valued at $886,566.66. This trade represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Keenan Nealean Austin also recently made the following trade(s):

• On Thursday, June 11th, Keenan Nealean Austin sold 1,252 shares of Public Policy stock. The shares were sold at an average price of $10.35, for a total value of $12,958.20.
• On Wednesday, June 10th, Keenan Nealean Austin sold 468 shares of Public Policy stock. The stock was sold at an average price of $10.19, for a total transaction of $4,768.92.

Public Policy Stock Up 5.3%

Shares of NASDAQ PPHC opened at $11.20 on Friday. The firm’s fifty day moving average is $9.45 and its 200 day moving average is $11.34. Public Policy Holding Company, Inc. has a 52 week low of $7.01 and a 52 week high of $15.15. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.29. The company has a market cap of $338.46 million and a price-to-earnings ratio of 101.82.

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

Institutional Investors Weigh In On Public Policy

A hedge fund recently bought a new position in Public Policy stock. Ancora Advisors LLC purchased a new position in Public Policy Holding Company, Inc. (NASDAQ:PPHC) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 252,228 shares of the company’s stock, valued at approximately $1,869,000. Ancora Advisors LLC owned approximately 0.83% of Public Policy at the end of the most recent reporting period.

Wall Street Analyst Weigh In

PPHC has been the subject of several research analyst reports. Weiss Ratings upgraded Public Policy from a “sell (e-)” rating to a “sell (e)” rating in a report on Wednesday, July 1st. Canaccord Genuity Group restated a “buy” rating and set a $18.00 target price on shares of Public Policy in a report on Wednesday, July 8th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Public Policy currently has an average rating of “Hold” and a consensus price target 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.