Star Equity Holdings, Inc. (NASDAQ:STRR – Get Free Report) CEO Jeffrey Eberwein purchased 3,443 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were bought at an average cost of $11.51 per share, for a total transaction of $39,628.93. Following the completion of the purchase, the chief executive officer directly owned 1,090,981 shares of the company’s stock, valued at $12,557,191.31. The trade was a 0.32% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Star Equity Price Performance
Shares of STRR stock opened at $11.06 on Wednesday. Star Equity Holdings, Inc. has a 52-week low of $8.26 and a 52-week high of $11.99. The stock has a market cap of $40.92 million, a PE ratio of -4.21 and a beta of 0.49. 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 firm’s 50 day moving average price is $10.17 and its two-hundred day moving average price is $10.26.
Star Equity (NASDAQ:STRR – Get Free Report) last announced its quarterly earnings data 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 net margin of 4.18% and a negative return on equity of 4.04%. The business had revenue of $50.06 million during the quarter, compared to the consensus estimate of $52.57 million. As a group, analysts forecast that Star Equity Holdings, Inc. will post -0.43 EPS for the current year.
Wall Street Analysts Forecast Growth
View Our Latest Report on STRR
Institutional Investors Weigh In On Star Equity
A number of institutional investors and hedge funds have recently modified their holdings of STRR. Geode Capital Management LLC bought a new stake in shares of Star Equity in the 4th quarter valued at about $352,000. Heartland Advisors Inc. bought a new stake in shares of Star Equity in the 4th quarter valued at about $140,000. Dimensional Fund Advisors LP bought a new stake in shares of Star Equity in the 4th quarter valued at about $629,000. Renaissance Technologies LLC bought a new stake in shares of Star Equity in the 4th quarter valued at about $886,000. Finally, DRW Securities LLC bought a new stake in shares of Star Equity in the 4th quarter valued at about $268,000. 3.84% of the stock is owned by institutional investors.
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.
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