Star Equity (NASDAQ:STRR) CEO Jeffrey Eberwein Purchases 13,799 Shares

Star Equity Holdings, Inc. (NASDAQ:STRRGet Free Report) CEO Jeffrey Eberwein bought 13,799 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were purchased at an average cost of $10.09 per share, with a total value of $139,231.91. Following the transaction, the chief executive officer owned 1,054,780 shares in the company, valued at approximately $10,642,730.20. The trade was a 1.33% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Star Equity Stock Performance

STRR stock traded up $0.60 during trading on Thursday, reaching $11.10. 11,114 shares of the stock were exchanged, compared to its average volume of 7,742. The stock has a 50 day simple moving average of $9.72 and a 200-day simple moving average of $10.16. The company has a current ratio of 2.09, a quick ratio of 1.84 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $41.03 million, a P/E ratio of -4.22 and a beta of 0.43. Star Equity Holdings, Inc. has a twelve month low of $8.26 and a twelve month high of $11.99.

Star Equity (NASDAQ:STRRGet Free Report) last issued its earnings results on Monday, May 11th. The company reported ($0.99) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($1.04). The firm had revenue of $50.06 million during the quarter, compared to analyst estimates of $52.57 million. Star Equity had a negative net margin of 4.18% and a negative return on equity of 4.04%. As a group, sell-side analysts anticipate that Star Equity Holdings, Inc. will post -0.05 earnings per share for the current year.

Hedge Funds Weigh In On Star Equity

A number of large investors have recently modified their holdings of STRR. Geode Capital Management LLC acquired a new position in shares of Star Equity during the fourth quarter worth approximately $352,000. Heartland Advisors Inc. acquired a new position in Star Equity in the fourth quarter valued at approximately $140,000. Dimensional Fund Advisors LP acquired a new position in Star Equity in the fourth quarter valued at approximately $629,000. Renaissance Technologies LLC acquired a new position in Star Equity in the fourth quarter valued at approximately $886,000. Finally, DRW Securities LLC acquired a new position in Star Equity in the fourth quarter valued at approximately $268,000. 3.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on STRR shares. Weiss Ratings upgraded Star Equity from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 6th. Zacks Research upgraded shares of Star Equity from a “strong sell” rating to a “hold” rating in a research report on Monday, March 9th. Noble Financial upgraded shares of Star Equity to a “strong-buy” rating in a research report on Wednesday, March 4th. Finally, Litchfield Hills Research upped their target price on shares of Star Equity from $21.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $28.00.

Check Out Our Latest Analysis on STRR

Star Equity News Roundup

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

  • Positive Sentiment: Litchfield Hills Research reiterated a Buy rating and $28 price objective, signaling continued analyst confidence in Star Equity’s longer-term upside.
  • Positive Sentiment: The firm raised its Q2 2027 EPS estimate to $0.20 from $0.11 and increased its Q1 2027 loss estimate improvement to ($0.26) from ($0.36), suggesting some sequential earnings improvement.
  • Positive Sentiment: Litchfield Hills Research kept its very bullish long-term view, forecasting FY2028 EPS of $1.60, FY2029 EPS of $1.75, FY2030 EPS of $1.85, and FY2027 EPS of $0.56.
  • Neutral Sentiment: The current-year consensus remains for a small loss of ($0.05) per share, indicating that investors are still looking for a turnaround rather than near-term profitability.
  • Negative Sentiment: The analyst lowered multiple near-term estimates, including Q2 2026 EPS to ($0.15) from $0.05, Q3 2026 EPS to $0.61 from $0.77, Q4 2026 EPS to $0.46 from $0.73, and FY2026 EPS to ($0.05) from $1.11, which may temper enthusiasm about the pace of recovery.
  • Negative Sentiment: Q4 2027 EPS was cut sharply to $0.11 from $0.71, and FY2027 EPS was reduced to $0.56 from $1.46, highlighting softer expectations in parts of the forecast.

Star Equity Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Star Equity (NASDAQ:STRR)

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