Neostellar Capital (NASDAQ:NSLR) Releases Quarterly Earnings Results

Neostellar Capital (NASDAQ:NSLR) announced its quarterly earnings data on Tuesday. The company reported ($0.15) EPS for the quarter, Zacks reports. Neostellar Capital had a negative return on equity of 12.04% and a net margin of 5,128.31%.

Here are the key takeaways from Neostellar Capital’s conference call:

• NAV per share fell to $12.64 from $13.44 in Q2, driven by lower unrealized valuations, net realized losses, and net investment loss; the WHOOP position was specifically marked down following secondary-market activity.
• Neostellar completed its transition to an externally managed structure with Magnetar, which management says adds expertise in credit, structured capital, and AI infrastructure while providing a $20 million, 6.5% three-year redeemable promissory note for liquidity.
• Management highlighted strong potential across its AI portfolio, including OpenAI, VAST Data, ClickHouse, CoreWeave, and TensorWave, and said the investment pipeline remains robust in AI development tools, physical AI, robotics, and agentic AI.
• Portfolio concentration remains substantial, with the top five holdings representing 72% of investments at fair value and the top 10 representing 87%; liquidity totaled $42.2 million, but debt repayment of the 6.00% notes due December 2026 is a priority and limits near-term investment capacity.
• The board reauthorized a $25 million share-repurchase program through October 2027, offering potential support for the stock, which management described as trading at an unusually large discount to NAV; however, actual repurchases depend on liquidity, debt obligations, market conditions, and available portfolio monetizations.

Neostellar Capital Stock Down 0.4%

Shares of NSLR opened at $6.06 on Thursday. The firm’s fifty day moving average price is $7.75. Neostellar Capital has a twelve month low of $5.72 and a twelve month high of $14.98. The company has a quick ratio of 6.76, a current ratio of 6.76 and a debt-to-equity ratio of 0.17. The stock has a market cap of $160.33 million, a PE ratio of 2.03 and a beta of 1.49.

Insider Buying and Selling

In other news, CEO Mark Klein acquired 5,000 shares of the business’s stock in a transaction dated Monday, September 21st. The shares were acquired at an average cost of $7.91 per share, with a total value of $39,550.00. Following the completion of the acquisition, the chief executive officer owned 1,763,796 shares of the company’s stock, valued at approximately $13,951,626.36. This trade represents a 0.28% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Ronald Lott sold 5,085 shares of the stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $9.96, for a total transaction of $50,646.60. Following the sale, the director directly owned 16,432 shares in the company, valued at approximately $163,662.72. The trade was a 23.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders bought 81,040 shares of company stock valued at $800,534 over the last 90 days. Company insiders own 8.32% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on NSLR. BTIG Research decreased their target price on Neostellar Capital from $14.00 to $13.00 and set a “buy” rating for the company in a research report on Wednesday. Weiss Ratings lowered Neostellar Capital from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, September 18th. Citizens Jmp lowered their price objective on shares of Neostellar Capital from $15.00 to $13.00 and set a “market outperform” rating on the stock in a report on Monday, October 26th. Barrington Research set a $13.00 target price on shares of Neostellar Capital in a report on Tuesday, October 20th. Finally, Wall Street Zen cut shares of Neostellar Capital from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $12.75.

Neostellar Capital Company Profile

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.