Star Equity (NASDAQ:STRR) CEO Buys $45,758.20 in Stock

Star Equity Holdings, Inc. (NASDAQ:STRR) CEO Jeffrey Eberwein purchased 4,198 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were bought at an average cost of $10.90 per share, for a total transaction of $45,758.20. Following the acquisition, the chief executive officer 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Star Equity Stock Performance

NASDAQ STRR opened at $11.48 on Friday. The company has a quick ratio of 1.84, a current ratio of 2.09 and a debt-to-equity ratio of 0.09. Star Equity Holdings, Inc. has a 52-week low of $8.26 and a 52-week high of $11.99. The business’s 50-day moving average price is $9.77 and its 200 day moving average price is $10.17. The firm has a market cap of $42.43 million, a P/E ratio of -4.37 and a beta of 0.43.

Star Equity (NASDAQ:STRR) last released its quarterly earnings results on Monday, May 11th. The company reported ($0.99) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $50.06 million for the quarter, compared to analysts’ expectations of $52.57 million. On average, equities research analysts expect that Star Equity Holdings, Inc. will post -0.43 earnings per share for the current year.

Wall Street Analysts Forecast Growth

STRR has been the topic of a number of research reports. Zacks Research lowered Star Equity from a “hold” rating to a “strong sell” rating in a report on Wednesday. Litchfield Hills Research raised their price target on Star Equity from $21.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, March 23rd. Weiss Ratings downgraded shares of Star Equity from a “sell (d-)” rating to a “sell (e+)” rating in a research 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 investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Star Equity presently has an average rating of “Hold” and a consensus price target of $28.00.

Key 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.

Institutional Investors Weigh In On Star Equity

Several institutional investors have recently modified their holdings of STRR. Geode Capital Management LLC purchased a new stake in shares of Star Equity during the 4th quarter worth approximately $352,000. Heartland Advisors Inc. purchased a new stake in shares of Star Equity during the 4th quarter worth approximately $140,000. Dimensional Fund Advisors LP purchased a new stake in shares of Star Equity during the 4th quarter worth approximately $629,000. Renaissance Technologies LLC purchased a new stake in shares of Star Equity during the 4th quarter worth approximately $886,000. Finally, DRW Securities LLC purchased a new stake in shares of Star Equity during the 4th quarter worth approximately $268,000. Hedge funds and other institutional investors own 3.84% of the company’s stock.

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.