Insider Selling: Public Policy (NASDAQ:PPHC) EVP Sells $15,949.35 in Stock

Public Policy Holding Company, Inc. (NASDAQ:PPHCGet Free Report) EVP Ronald Jr. Starzman sold 1,541 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $10.35, for a total transaction of $15,949.35. Following the sale, the executive vice president owned 52,036 shares of the company’s stock, valued at approximately $538,572.60. The trade was a 2.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Public Policy Price Performance

Shares of PPHC stock opened at $10.51 on Monday. The business’s 50 day moving average is $12.44. Public Policy Holding Company, Inc. has a 12-month low of $9.81 and a 12-month high of $15.15.

Public Policy (NASDAQ:PPHCGet Free Report) last issued its quarterly earnings results on Monday, March 23rd. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.07). The firm had revenue of $49.90 million for the quarter, compared to the consensus estimate of $49.90 million.

Public Policy Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, April 24th were paid a $0.24 dividend. The ex-dividend date was Friday, April 24th. This represents a dividend yield of 342.0%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Oppenheimer assumed coverage on shares of Public Policy in a research note on Monday, February 23rd. They issued an “outperform” rating and a $16.00 target price for the company. Canaccord Genuity Group reiterated a “buy” rating and issued a $18.00 target price on shares of Public Policy in a research note on Tuesday, March 24th. Weiss Ratings downgraded shares of Public Policy from a “sell (e)” rating to a “sell (e-)” rating in a research note on Tuesday, June 2nd. Finally, Zacks Research upgraded shares of Public Policy to a “hold” rating in a research note on Tuesday, February 24th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $17.00.

Check Out Our Latest Stock Analysis on Public Policy

Trending Headlines about Public Policy

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

  • Neutral Sentiment: CEO George Stewart Hall sold small blocks of shares on both June 10 and June 11, reducing his stake only slightly, but the repeated sales add to the broader insider-selling trend. SEC filing
  • Neutral Sentiment: Director Keenan Nealean Austin also sold shares on June 10 and June 11, trimming ownership modestly; while the amounts were not huge, the sales reinforce the pattern of insider disposition. SEC filing
  • Neutral Sentiment: EVP Ronald J. Jr. Starzman sold shares on both dates as well, as did insiders Neal Howard Strum, Thomas Edward Gensemer, and Johnson Mccallum Green, creating a broad wave of insider selling across management. SEC filing
  • Negative Sentiment: The overall takeaway for investors is that PPHC’s stock is drifting lower today because of the accumulation of insider sales, which may be interpreted as bearish sentiment from those closest to the business.

About Public Policy

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Public Policy (NASDAQ:PPHC)

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