Star Equity (NASDAQ:STRR) CEO Jeffrey Eberwein Purchases 4,198 Shares

Star Equity Holdings, Inc. (NASDAQ:STRRGet Free Report) CEO Jeffrey Eberwein acquired 4,198 shares of the stock in a transaction dated Thursday, May 21st. The stock was acquired at an average cost of $10.90 per share, with a total value of $45,758.20. Following the completion of the transaction, the chief executive officer owned 1,059,384 shares in the company, valued at approximately $11,547,285.60. This represents a 0.40% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Star Equity Trading Up 5.7%

Shares of STRR stock traded up $0.60 during mid-day trading on Thursday, hitting $11.10. The company’s stock had a trading volume of 11,114 shares, compared to its average volume of 7,742. The company’s fifty day simple moving average is $9.72 and its 200-day simple moving average is $10.16. Star Equity Holdings, Inc. has a 52 week low of $8.26 and a 52 week high of $11.99. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.84 and a current ratio of 2.09. The company has a market cap of $41.03 million, a PE ratio of -4.22 and a beta of 0.43.

Star Equity (NASDAQ:STRRGet Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported ($0.99) earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $50.06 million during the quarter, compared to the consensus estimate of $52.57 million. As a group, equities research analysts expect that Star Equity Holdings, Inc. will post -0.05 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Star Equity

Hedge funds have recently added to or reduced their stakes in the stock. Heartland Advisors Inc. acquired a new position in Star Equity during the 4th quarter valued at about $140,000. DRW Securities LLC acquired a new position in Star Equity during the 4th quarter valued at about $268,000. Bridgeway Capital Management LLC acquired a new position in Star Equity during the 4th quarter valued at about $276,000. RBF Capital LLC acquired a new position in Star Equity during the 4th quarter valued at about $316,000. Finally, Geode Capital Management LLC bought a new position in shares of Star Equity during the 4th quarter worth approximately $352,000. Institutional investors and hedge funds own 3.84% of the company’s stock.

More Star Equity News

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.

Analyst Ratings Changes

A number of research firms have recently issued reports on STRR. Zacks Research raised shares of Star Equity from a “strong sell” rating to a “hold” rating in a research report on Monday, March 9th. Noble Financial raised Star Equity to a “strong-buy” rating in a research note on Wednesday, March 4th. Litchfield Hills Research increased 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. Finally, Weiss Ratings raised Star Equity from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $28.00.

Check Out Our Latest Stock Analysis on Star Equity

About Star Equity

(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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