Key Points
- Star Equity CEO Jeffrey Eberwein bought 13,799 shares on May 19 at an average price of $10.09, spending about $139,232 and lifting his direct stake to 1,054,780 shares.
- The stock traded up 5.7% and opened Friday at $11.10, near its 52-week high of $11.99, while the company remained small-cap with a market value of about $41.1 million.
- Analyst sentiment is mixed: Litchfield Hills Research maintained a Buy rating with a $28 target, while Zacks cut STRR from Hold to Strong Sell; the company also recently reported a quarterly EPS miss and weaker-than-expected revenue.
Star Equity Holdings, Inc. (NASDAQ:STRR - Get Free Report) CEO Jeffrey Eberwein purchased 4,198 shares of the business's stock in a transaction that occurred on Thursday, May 21st. The shares were purchased at an average price of $10.90 per share, for a total transaction of $45,758.20. Following the completion of the acquisition, the chief executive officer owned 1,059,384 shares of the company's stock, valued at $11,547,285.60. The trade was a 0.40% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Star Equity Trading Up 5.7%
Shares of STRR stock opened at $11.10 on Friday. 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 company has a market capitalization of $41.07 million, a price-to-earnings ratio of -4.22 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. The company has a 50-day simple moving average of $9.74 and a two-hundred day simple moving average of $10.16.
Star Equity (NASDAQ:STRR - Get Free Report) last posted its earnings results on Monday, May 11th. The company reported ($0.99) EPS for the quarter, missing the consensus estimate of $0.05 by ($1.04). Star Equity had a negative return on equity of 4.04% and a negative net margin of 4.18%.The firm had revenue of $50.06 million for the quarter, compared to the consensus estimate of $52.57 million. Research analysts anticipate that Star Equity Holdings, Inc. will post -0.43 EPS for the current fiscal year.
Hedge Funds Weigh In On Star Equity
Several institutional investors have recently bought and sold shares of the company. Heartland Advisors Inc. purchased a new stake in Star Equity in the fourth quarter worth $140,000. DRW Securities LLC purchased a new position in shares of Star Equity during the 4th quarter valued at $268,000. Bridgeway Capital Management LLC purchased a new position in shares of Star Equity during the 4th quarter valued at $276,000. RBF Capital LLC bought a new position in shares of Star Equity during the 4th quarter worth $316,000. Finally, Geode Capital Management LLC bought a new position in shares of Star Equity during the 4th quarter worth $352,000. Hedge funds and other institutional investors own 3.84% of the company's stock.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on STRR shares. Litchfield Hills Research boosted their price objective on Star Equity from $21.00 to $28.00 and gave the stock a "buy" rating in a research report on Monday, March 23rd. Weiss Ratings lowered Star Equity from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Wednesday. Zacks Research downgraded shares of Star Equity from a "hold" rating to a "strong sell" rating in a report on Wednesday. Finally, Noble Financial upgraded shares of Star Equity to a "strong-buy" rating in a research report on Wednesday, March 4th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, Star Equity currently has a consensus rating of "Hold" and a consensus price target of $28.00.
Check Out Our Latest Stock Report on Star Equity
Key Star Equity News
Here are the key news stories impacting Star Equity this week:
- Positive Sentiment: CEO Jeffrey E. Eberwein bought 13,799 shares, 4,198 shares, and 406 shares over several transactions, while director Todd Michael Fruhbeis also added shares, signaling insider confidence in Star Equity’s outlook.
- Neutral Sentiment: Litchfield Hills Research kept a Buy rating and $28 price target on STRR, even as it adjusted several near- and medium-term earnings estimates up and down.
- Negative Sentiment: Zacks Research downgraded Star Equity from Hold to Strong Sell, which could pressure sentiment and reflect concerns about the stock’s near-term risk/reward.
- Negative Sentiment: Litchfield Hills Research cut some earnings forecasts, including FY2026 and FY2027 estimates, highlighting ongoing uncertainty around future profitability.
Star Equity Company Profile
(
Get Free Report)
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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