Public Policy (NASDAQ:PPHC) Director Keenan Nealean Austin Sells 2,033 Shares

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

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

Public Policy Stock Down 1.2%

PPHC stock traded down $0.13 during mid-day trading on Tuesday, reaching $10.96. 126,506 shares of the company traded hands, compared to its average volume of 118,283. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29. The company has a 50 day simple moving average of $9.36. The firm has a market cap of $331.21 million and a PE ratio of 99.64. Public Policy Holding Company, Inc. has a fifty-two week low of $7.01 and a fifty-two week high of $15.15.

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

Wall Street Analysts Forecast Growth

PPHC has been the topic of a number of analyst reports. Canaccord Genuity Group reaffirmed a “buy” rating and set a $18.00 price objective on shares of Public Policy in a report 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 research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Public Policy presently has a consensus rating of “Hold” and an average target price of $17.00.

Hedge Funds Weigh In On Public Policy

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

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.