Francesca's (FRAN) Shares Gap Up Following Insider Buying Activity

Francesca's Holdings Corp (NASDAQ:FRAN) gapped up prior to trading on Friday after an insider bought additional shares in the company. The stock had previously closed at $5.37, but opened at $5.59. Francesca's shares last traded at $5.82, with a volume of 2007151 shares changing hands.

Specifically, CEO Steven Paul Lawrence purchased 10,000 shares of Francesca's stock in a transaction that occurred on Thursday, January 11th. The stock was acquired at an average price of $5.56 per share, for a total transaction of $55,600.00. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 1.19% of the stock is currently owned by corporate insiders.

FRAN has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Francesca's from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 7th. SunTrust Banks set a $8.00 target price on shares of Francesca's and gave the stock a “buy” rating in a research report on Friday, January 5th. BidaskClub upgraded shares of Francesca's from a “hold” rating to a “buy” rating in a research report on Wednesday, December 20th. B. Riley reiterated a “hold” rating and issued a $6.00 target price on shares of Francesca's in a research report on Tuesday, January 9th. Finally, ValuEngine downgraded shares of Francesca's from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $10.67.

The company has a market capitalization of $202.24, a PE ratio of 8.08, a PEG ratio of 0.80 and a beta of 0.23.

Francesca's (NASDAQ:FRAN) last released its earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Francesca's had a return on equity of 23.19% and a net margin of 5.52%. The company had revenue of $105.80 million during the quarter, compared to analysts’ expectations of $106.02 million. During the same quarter in the previous year, the company earned $0.23 EPS. The firm’s quarterly revenue was down 11.5% compared to the same quarter last year. sell-side analysts anticipate that Francesca's Holdings Corp will post 0.56 EPS for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in FRAN. Koch Industries Inc. acquired a new position in shares of Francesca's during the 2nd quarter worth $110,000. Cetera Advisor Networks LLC acquired a new position in shares of Francesca's during the 3rd quarter worth $124,000. FNY Managed Accounts LLC acquired a new position in shares of Francesca's during the 3rd quarter worth $135,000. SG Americas Securities LLC acquired a new position in shares of Francesca's during the 2nd quarter worth $151,000. Finally, Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Francesca's during the 3rd quarter worth $186,000.

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Francesca's Company Profile

Francesca’s Holdings Corporation is a holding company. The Company is a specialty retailer, which operates a chain of boutiques across the United States. The Company offers a mix of apparel, jewelry, accessories and gifts. As of January 28, 2017, the Company operated 671 boutiques in 48 states and the District of Columbia, and also served its customers through www.francescas.com, its e-commerce Website.

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