Key Points
- Director Marc Mazur bought 5,000 shares for $30,500 at $6.10 per share, increasing his holdings by 7.25% to 73,950 shares.
- NSLR opened at $6.02, within its 52-week range of $5.45–$14.98; it reported a quarterly loss of $0.15 per share.
- Analysts’ consensus rating is Buy, with an average price target of $12.75, while institutional investors own 12.95% of the stock.
Neostellar Capital (NASDAQ:NSLR - Get Free Report) Director Marc Mazur bought 5,000 shares of the firm's stock in a transaction dated Wednesday, November 11th. The shares were acquired at an average price of $6.10 per share, for a total transaction of $30,500.00. Following the transaction, the director directly owned 73,950 shares in the company, valued at approximately $451,095. This represents a 7.25% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Neostellar Capital Price Performance
Neostellar Capital stock opened at $6.02 on Friday. The company has a fifty day moving average of $7.25. Neostellar Capital has a 1 year low of $5.45 and a 1 year high of $14.98. The company has a debt-to-equity ratio of 0.25, a quick ratio of 18.53 and a current ratio of 18.52.
Neostellar Capital (NASDAQ:NSLR - Get Free Report) last issued its quarterly 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%.
Analysts Set New Price Targets
Several brokerages have recently issued reports on NSLR. Wall Street Zen lowered shares of Neostellar Capital from a "hold" rating to a "sell" rating in a research report on Saturday, August 8th. Barrington Research set a $13.00 price target on shares of Neostellar Capital in a research report on Tuesday, October 20th. Citizens Jmp reduced their price target on shares of Neostellar Capital from $15.00 to $13.00 and set a "market outperform" rating for the company in a research report on Monday, October 26th. Weiss Ratings raised shares of Neostellar Capital from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday. Finally, BTIG Research lowered their price objective on Neostellar Capital from $14.00 to $13.00 and set a "buy" rating on the stock in a report on Wednesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $12.75.
Read Our Latest Analysis on NSLR
Institutional Trading of Neostellar Capital
Several large investors have recently made changes to their positions in NSLR. Gabelli Funds LLC lifted its holdings in Neostellar Capital by 39.0% in the 3rd quarter. Gabelli Funds LLC now owns 1,705,924 shares of the company's stock valued at $13,119,000 after purchasing an additional 478,868 shares in the last quarter. Gamco Investors INC. ET AL boosted its stake in Neostellar Capital by 17.7% during the 3rd 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 during the last quarter. GatePass Capital LLC grew its holdings in shares of Neostellar Capital by 12.8% during the third quarter. GatePass Capital LLC now owns 573,200 shares of the company's stock worth $4,408,000 after buying an additional 65,050 shares in the last quarter. SMH Capital Advisors Inc. purchased a new stake in shares of Neostellar Capital during the third quarter worth $556,000. Finally, MGO One Seven LLC grew its holdings in shares of Neostellar Capital by 13.6% during the third quarter. MGO One Seven LLC now owns 293,428 shares of the company's stock worth $2,256,000 after buying an additional 35,184 shares in the last quarter. 12.95% of the stock is currently owned by hedge funds and other institutional investors.
About Neostellar Capital
(
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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