Star Equity (NASDAQ:STRR) CEO Acquires $139,231.91 in Stock

Star Equity Holdings, Inc. (NASDAQ:STRR) CEO Jeffrey Eberwein bought 13,799 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were purchased at an average price of $10.09 per share, for a total transaction of $139,231.91. Following the completion of the acquisition, the chief executive officer owned 1,054,780 shares of the company’s stock, valued at $10,642,730.20. The trade was a 1.33% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Star Equity Price Performance

Shares of STRR opened at $11.48 on Friday. The company has a market cap of $42.43 million, a price-to-earnings ratio of -4.37 and a beta of 0.43. Star Equity Holdings, Inc. has a 1-year low of $8.26 and a 1-year high of $11.99. The company’s fifty day simple moving average is $9.77 and its 200 day simple moving average is $10.17. The company has a current ratio of 2.09, a quick ratio of 1.84 and a debt-to-equity ratio of 0.09.

Star Equity (NASDAQ:STRR) last issued its earnings results on Monday, May 11th. The company reported ($0.99) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($1.04). The firm had revenue of $50.06 million for the quarter, compared to analyst estimates of $52.57 million. Star Equity had a negative return on equity of 4.04% and a negative net margin of 4.18%. On average, research analysts forecast that Star Equity Holdings, Inc. will post -0.43 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

STRR has been the topic of a number of recent analyst reports. Noble Financial upgraded shares of Star Equity to a “strong-buy” rating in a report on Wednesday, March 4th. Zacks Research downgraded shares of Star Equity from a “hold” rating to a “strong sell” rating in a report on Wednesday. Weiss Ratings downgraded shares of Star Equity from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday. Finally, Litchfield Hills Research upped their price objective on shares of Star Equity from $21.00 to $28.00 and gave the company a “buy” rating in a report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $28.00.

Hedge Funds Weigh In On Star Equity

Several institutional investors and hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC increased its holdings in shares of Star Equity by 2.8% in 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 during the last quarter. Heartland Advisors Inc. acquired a new position in shares of Star Equity in the fourth quarter valued at $140,000. DRW Securities LLC bought a new stake in shares of Star Equity in the fourth quarter valued at about $268,000. Bridgeway Capital Management LLC bought a new stake in shares of Star Equity in the fourth quarter valued at about $276,000. Finally, RBF Capital LLC bought a new stake in shares of Star Equity in the fourth quarter valued at about $316,000. 3.84% of the stock is currently owned by institutional investors and hedge funds.

More Star Equity News

Here are the key news stories impacting Star Equity this week:

• 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.
• 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.

Star Equity Company Profile

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.