Star Equity Holdings, Inc. (NASDAQ:STRR – Get Free Report) CEO Jeffrey Eberwein purchased 13,799 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were acquired at an average price of $10.09 per share, for a total transaction of $139,231.91. Following the completion of the transaction, the chief executive officer owned 1,054,780 shares in the company, valued at $10,642,730.20. The trade was a 1.33% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.
Star Equity Price Performance
Star Equity stock opened at $11.48 on Friday. The business’s fifty day moving average is $9.77 and its two-hundred day moving average is $10.17. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.84 and a current ratio of 2.09. The firm has a market cap of $42.48 million, a P/E ratio of -4.37 and a beta of 0.43. Star Equity Holdings, Inc. has a 52 week low of $8.26 and a 52 week high of $11.99.
Star Equity (NASDAQ:STRR – Get Free Report) last announced its earnings results on Monday, May 11th. The company reported ($0.99) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($1.04). The business had revenue of $50.06 million during the quarter, compared to analyst estimates of $52.57 million. Star Equity had a negative net margin of 4.18% and a negative return on equity of 4.04%. Equities research analysts forecast that Star Equity Holdings, Inc. will post -0.43 earnings per share for the current fiscal year.
Star Equity News Roundup
- Positive Sentiment: CEO Jeffrey Eberwein and director Todd Michael Fruhbeis bought additional STRR shares over the past several days, signaling insider confidence in Star Equity’s prospects. Article Title
- Neutral Sentiment: Litchfield Hills Research kept a Buy rating and $28 price target on Star Equity, but adjusted several quarterly and annual EPS estimates up and down, leaving the longer-term bullish view intact. Article Title
- Negative Sentiment: Zacks Research cut Star Equity from hold to strong sell, which may weigh on sentiment and highlights near-term concerns about the stock’s valuation or fundamentals. Article Title
- Negative Sentiment: Litchfield Hills Research lowered some earnings estimates, including FY2026 and FY2027 forecasts, underscoring uncertainty around future profitability. Article Title
Institutional Investors Weigh In On Star Equity
A number of institutional investors have recently made changes to their positions in STRR. Renaissance Technologies LLC lifted its stake in Star Equity by 2.8% in the first quarter. Renaissance Technologies LLC now owns 80,926 shares of the company’s stock valued at $832,000 after buying an additional 2,200 shares during the period. Heartland Advisors Inc. acquired a new stake in Star Equity in the fourth quarter worth $140,000. DRW Securities LLC bought a new position in shares of Star Equity during the fourth quarter worth $268,000. Bridgeway Capital Management LLC acquired a new position in shares of Star Equity in the 4th quarter valued at $276,000. Finally, RBF Capital LLC acquired a new position in shares of Star Equity in the 4th quarter valued at $316,000. 3.84% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on STRR. Litchfield Hills Research raised their price target on shares of Star Equity from $21.00 to $28.00 and gave the company a “buy” rating in a report on Monday, March 23rd. Zacks Research cut Star Equity from a “hold” rating to a “strong sell” rating in a research note on Wednesday. Noble Financial raised Star Equity to a “strong-buy” rating in a research note on Wednesday, March 4th. Finally, Weiss Ratings lowered Star Equity from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Star Equity presently has an average rating of “Hold” and an average price target of $28.00.
Get Our Latest Research Report on STRR
About Star Equity
Hudson Global, Inc is a publicly traded talent acquisition and recruitment firm that provides a range of staffing and workforce solutions to organizations around the world. Operating primarily through two service lines—recruitment process outsourcing (RPO) and retained executive search—the company connects employers with qualified professionals across a variety of disciplines, including finance, accounting, technology, human resources and legal. Its flexible engagement models encompass project-based sourcing, volume hiring and high-level leadership searches, enabling clients to tailor recruitment strategies to their specific business objectives.
With a global footprint spanning North America, Europe, Asia-Pacific and Latin America, Hudson Global supports multinational corporations as well as regional and niche market clients.
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