Neostellar Capital (NASDAQ:NSLR) CEO Mark Klein Buys 26,040 Shares of Stock

Neostellar Capital (NASDAQ:NSLR) CEO Mark Klein bought 26,040 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The shares were bought at an average price of $9.60 per share, with a total value of $249,984.00. Following the transaction, the chief executive officer directly owned 1,758,796 shares in the company, valued at $16,884,441.60. This trade represents a 1.50% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Neostellar Capital Price Performance

NSLR stock traded up $0.73 during trading on Monday, hitting $10.33. The company had a trading volume of 692,409 shares, compared to its average volume of 284,956. Neostellar Capital has a fifty-two week low of $8.28 and a fifty-two week high of $14.98. The firm has a market cap of $273.47 million, a price-to-earnings ratio of 2.56 and a beta of 1.44. The company has a debt-to-equity ratio of 0.19, a current ratio of 24.38 and a quick ratio of 24.38.

Neostellar Capital (NASDAQ:NSLR) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.90) earnings per share (EPS) for the quarter. The company had revenue of $0.30 million for the quarter. Neostellar Capital had a negative return on equity of 13.69% and a net margin of 6,053.56%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Barrington Research set a $16.00 price target on shares of Neostellar Capital in a report on Thursday. Weiss Ratings assumed coverage on shares of Neostellar Capital in a research note on Thursday, July 9th. They set a “buy (b)” rating on the stock. Wall Street Zen lowered shares of Neostellar Capital from a “hold” rating to a “sell” rating in a report on Saturday. Finally, BTIG Research reaffirmed a “buy” rating and set a $15.00 price objective on shares of Neostellar Capital in a report on Friday, July 10th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $15.50.

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.