Mark Klein Purchases 26,040 Shares of Neostellar Capital (NASDAQ:NSLR) Stock

Neostellar Capital (NASDAQ:NSLR) CEO Mark Klein bought 26,040 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were bought at an average cost of $9.60 per share, for a total transaction of $249,984.00. Following the transaction, the chief executive officer directly owned 1,758,796 shares of the company’s stock, valued at $16,884,441.60. This trade represents a 1.50% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Neostellar Capital Trading Up 3.0%

NASDAQ:NSLR opened at $10.64 on Wednesday. The company has a quick ratio of 24.38, a current ratio of 24.38 and a debt-to-equity ratio of 0.19. Neostellar Capital has a one year low of $8.28 and a one year high of $14.98. The firm has a market cap of $281.64 million, a P/E ratio of 2.64 and a beta of 1.44.

Neostellar Capital (NASDAQ:NSLR) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.90) earnings per share (EPS) for the quarter. Neostellar Capital had a negative return on equity of 13.69% and a net margin of 6,053.56%.The company had revenue of $0.30 million during the quarter.

Analyst Upgrades and Downgrades

NSLR has been the topic of several research reports. Wall Street Zen lowered Neostellar Capital from a “hold” rating to a “sell” rating in a research note on Saturday. Barrington Research set a $16.00 price objective on Neostellar Capital in a research report on Thursday, August 6th. Weiss Ratings assumed coverage on Neostellar Capital in a research report on Thursday, July 9th. They issued a “buy (b)” rating for the company. Finally, BTIG Research reissued a “buy” rating and set a $15.00 price objective on shares of Neostellar Capital in a report on Friday, July 10th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $15.50.

Neostellar Capital Company Profile

SuRo Capital Corp. is a business development company. The firm seeks to invest in growing, late stage, venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California.