Neostellar Capital (NASDAQ:NSLR) Director Marc Mazur Buys 5,000 Shares of Stock

Neostellar Capital (NASDAQ:NSLR) Director Marc Mazur acquired 5,000 shares of the firm’s stock in a transaction dated Wednesday, November 11th. The stock was bought at an average cost of $6.10 per share, with a total value of $30,500.00. Following the acquisition, the director owned 73,950 shares in the company, valued at approximately $451,095. This trade represents a 7.25% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Neostellar Capital Stock Performance

Shares of NSLR opened at $6.02 on Friday. Neostellar Capital has a 52 week low of $5.45 and a 52 week high of $14.98. The company has a current ratio of 18.52, a quick ratio of 18.53 and a debt-to-equity ratio of 0.25. The business has a 50-day moving average of $7.25.

Neostellar Capital (NASDAQ:NSLR) last posted its earnings results on Tuesday, November 3rd. The company reported ($0.15) EPS for the quarter. Neostellar Capital had a negative return on equity of 11.78% and a net margin of 5,128.31%.

Analyst Ratings Changes

NSLR has been the topic of several recent research reports. Weiss Ratings upgraded Neostellar Capital from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday. BTIG Research cut their target price on shares of Neostellar Capital from $14.00 to $13.00 and set a “buy” rating for the company in a report on Wednesday, November 4th. Barrington Research set a $13.00 target price on shares of Neostellar Capital in a report on Tuesday, October 20th. Citizens Jmp decreased their target price on shares of Neostellar Capital from $15.00 to $13.00 and set a “market outperform” rating for the company in a research note on Monday, October 26th. Finally, Wall Street Zen cut shares of Neostellar Capital from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Neostellar Capital has a consensus rating of “Buy” and a consensus target price of $12.75.

Institutional Investors Weigh In On Neostellar Capital

Several hedge funds have recently modified their holdings of the company. Byrne Asset Management LLC increased its stake in shares of Neostellar Capital by 24.0% in the 3rd quarter. Byrne Asset Management LLC now owns 26,220 shares of the company’s stock valued at $196,000 after purchasing an additional 5,070 shares in the last quarter. Tactive Advisors LLC raised its holdings in Neostellar Capital by 66.5% in the 2nd quarter. Tactive Advisors LLC now owns 30,311 shares of the company’s stock worth $380,000 after purchasing an additional 12,111 shares during the period. SMH Capital Advisors Inc. purchased a new position in Neostellar Capital during the third quarter worth approximately $556,000. Private Advisor Group LLC boosted its position in Neostellar Capital by 51.4% during the first quarter. Private Advisor Group LLC now owns 69,034 shares of the company’s stock worth $739,000 after purchasing an additional 23,446 shares in the last quarter. Finally, Gamco Investors INC. ET AL boosted its position in Neostellar Capital by 17.7% during the third quarter. Gamco Investors INC. ET AL now owns 286,500 shares of the company’s stock worth $2,203,000 after purchasing an additional 43,000 shares in the last quarter. 12.95% of the stock is owned by hedge funds and other institutional investors.

About Neostellar Capital

SuRo Capital Corp. is a business development company. The firm seeks to invest in growing, late stage, venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California.