Star Equity Holdings, Inc. (NASDAQ:STRR – Get Free Report) CEO Jeffrey Eberwein purchased 1,430 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were purchased at an average price of $11.51 per share, with a total value of $16,459.30. Following the completion of the acquisition, the chief executive officer directly owned 1,087,538 shares in the company, valued at $12,517,562.38. The trade was a 0.13% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Star Equity Trading Down 0.6%
NASDAQ:STRR opened at $11.48 on Friday. The company has a fifty day moving average of $10.12 and a 200 day moving average of $10.24. Star Equity Holdings, Inc. has a 52 week low of $8.26 and a 52 week high of $11.99. The company has a quick ratio of 1.84, a current ratio of 2.09 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $42.46 million, a P/E ratio of -4.36 and a beta of 0.49.
Star Equity (NASDAQ:STRR – Get Free Report) last posted its quarterly 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). Star Equity had a negative net margin of 4.18% and a negative return on equity of 4.04%. The firm had revenue of $50.06 million for the quarter, compared to the consensus estimate of $52.57 million. On average, research analysts predict that Star Equity Holdings, Inc. will post -0.43 earnings per share for the current year.
Analyst Ratings Changes
Get Our Latest Stock Analysis on Star Equity
Institutional Trading of Star Equity
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Renaissance Technologies LLC grew its position in shares of Star Equity by 2.8% in the 1st quarter. Renaissance Technologies LLC now owns 80,926 shares of the company’s stock worth $832,000 after buying an additional 2,200 shares during the period. Heartland Advisors Inc. purchased a new stake in shares of Star Equity in the 4th quarter worth about $140,000. DRW Securities LLC purchased a new stake in shares of Star Equity in the 4th quarter worth about $268,000. Bridgeway Capital Management LLC purchased a new stake in shares of Star Equity in the 4th quarter worth about $276,000. Finally, RBF Capital LLC purchased a new stake in shares of Star Equity in the 4th quarter worth about $316,000. 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.
See Also
- Five stocks we like better than Star Equity
- Macy’s Delivers Strong Q1, Raises Outlook, but Wall Street Remains Cautious
- NVIDIA Sends a Message With RTX Spark—This Is What It Says
- Buy the Dip? Broadcom’s AI Moat Is Wider Than Ever
- The Great AI Server Rotation Puts Hewlett Packard Enterprise and Super Micro Computer in Focus
Receive News & Ratings for Star Equity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Star Equity and related companies with MarketBeat.com's FREE daily email newsletter.
