Neostellar Capital (NASDAQ:NSLR - Get Free Report) CEO Mark Klein purchased 26,040 shares of the firm's stock in a transaction that occurred on Monday, August 10th. The stock was bought at an average cost of $9.60 per share, for a total transaction of $249,984.00. Following the completion of the purchase, the chief executive officer directly owned 1,758,796 shares in the company, valued at $16,884,441.60. This represents a 1.50% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Neostellar Capital Trading Up 7.6%
NSLR stock opened at $10.33 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 24.38 and a current ratio of 24.38. Neostellar Capital has a 12-month low of $8.28 and a 12-month high of $14.98. The stock has a market capitalization of $273.44 million, a P/E ratio of 2.56 and a beta of 1.44.
Neostellar Capital (NASDAQ:NSLR - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.90) EPS for the quarter. Neostellar Capital had a negative return on equity of 13.69% and a net margin of 6,053.56%.The firm had revenue of $0.30 million for the quarter.
Analysts Set New Price Targets
NSLR has been the subject of several recent research reports. Weiss Ratings began coverage on Neostellar Capital in a research note on Thursday, July 9th. They issued a "buy (b)" rating for the company. BTIG Research reaffirmed a "buy" rating and set a $15.00 target price on shares of Neostellar Capital in a research note on Friday, July 10th. Barrington Research set a $16.00 target price on shares of Neostellar Capital in a report on Thursday. Finally, Wall Street Zen cut shares of Neostellar Capital from a "hold" rating to a "sell" rating in a research report on Saturday. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $15.50.
Check Out Our Latest Research Report on Neostellar Capital
Neostellar Capital Company Profile
(
Get Free Report)
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.
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