Star Equity Holdings, Inc. (NASDAQ:STRR – Get Free Report) CEO Jeffrey Eberwein acquired 4,198 shares of the stock in a transaction on Thursday, May 21st. The stock was bought at an average price of $10.90 per share, with a total value of $45,758.20. Following the transaction, the chief executive officer directly owned 1,059,384 shares of the company’s stock, valued at approximately $11,547,285.60. The trade was a 0.40% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Star Equity Stock Performance
Shares of STRR stock opened at $11.48 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. Star Equity Holdings, Inc. has a fifty-two week low of $8.26 and a fifty-two week high of $11.99. The stock has a 50 day moving average price of $9.77 and a two-hundred day moving average price of $10.17. The company has a market capitalization of $42.48 million, a P/E ratio of -4.37 and a beta of 0.43.
Star Equity (NASDAQ:STRR – Get Free Report) last posted its earnings results on Monday, May 11th. The company reported ($0.99) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($1.04). Star Equity had a negative net margin of 4.18% and a negative return on equity of 4.04%. The business had revenue of $50.06 million for the quarter, compared to analysts’ expectations of $52.57 million. Analysts expect that Star Equity Holdings, Inc. will post -0.43 earnings per share for the current year.
More Star Equity News
- 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
Several hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC boosted its position in shares of Star Equity by 2.8% during the first quarter. Renaissance Technologies LLC now owns 80,926 shares of the company’s stock valued at $832,000 after purchasing an additional 2,200 shares in the last quarter. North Star Investment Management Corp. bought a new stake in shares of Star Equity during the first quarter valued at approximately $565,000. Manatuck Hill Partners LLC bought a new stake in shares of Star Equity during the fourth quarter valued at approximately $358,000. Bridgeway Capital Management LLC bought a new stake in shares of Star Equity during the fourth quarter valued at approximately $276,000. Finally, Rothschild Wealth LLC bought a new stake in shares of Star Equity during the fourth quarter valued at approximately $746,000. 3.84% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on STRR shares. 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. Litchfield Hills Research boosted their target price on Star Equity from $21.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, March 23rd. Finally, Weiss Ratings cut Star Equity from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Star Equity has a consensus rating of “Hold” and a consensus price target of $28.00.
Check Out Our Latest Stock Analysis 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.
Featured Articles
- Five stocks we like better than Star Equity
- SpaceX IPO: Opportunity? Or the Ultimate Hype Trade?
- CAVA Group’s Stock Looks Delicious After Strong Earnings
- Lowe’s Finds Support at $215 After Q1 Earnings Sell-Off
- Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
Receive News & Ratings for Star Equity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Star Equity and related companies with MarketBeat.com's FREE daily email newsletter.
