Star Equity Holdings, Inc. (NASDAQ:STRR – Get Free Report) CEO Jeffrey Eberwein bought 4,994 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was purchased at an average price of $11.21 per share, for a total transaction of $55,982.74. Following the completion of the acquisition, the chief executive officer owned 1,110,714 shares in the company, valued at $12,451,103.94. This represents a 0.45% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
Star Equity Price Performance
Shares of STRR opened at $11.08 on Thursday. The stock has a market cap of $41.00 million, a P/E ratio of -4.21 and a beta of 0.49. Star Equity Holdings, Inc. has a 12-month low of $8.26 and a 12-month high of $11.99. The business’s fifty day moving average is $10.33 and its 200 day moving average is $10.31. 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 (NASDAQ:STRR – Get Free Report) last issued its quarterly earnings data on Monday, May 11th. The company reported ($0.99) EPS for the quarter, missing the consensus estimate of $0.05 by ($1.04). The company had revenue of $50.06 million during the quarter, compared to analysts’ expectations of $52.57 million. Star Equity had a negative return on equity of 4.04% and a negative net margin of 4.18%. Sell-side analysts anticipate that Star Equity Holdings, Inc. will post -0.43 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Read Our Latest Report on STRR
Institutional Trading of Star Equity
A number of institutional investors and hedge funds have recently modified their holdings of STRR. Geode Capital Management LLC purchased a new stake in shares of Star Equity during the fourth quarter valued at approximately $352,000. Heartland Advisors Inc. purchased a new stake in shares of Star Equity during the fourth quarter valued at approximately $140,000. Dimensional Fund Advisors LP purchased a new stake in shares of Star Equity during the fourth quarter valued at approximately $629,000. Renaissance Technologies LLC purchased a new stake in shares of Star Equity during the fourth quarter valued at approximately $886,000. Finally, DRW Securities LLC purchased a new stake in shares of Star Equity during the fourth quarter valued at approximately $268,000. 3.84% of the stock is owned by hedge funds and other institutional investors.
About Star Equity
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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