Fruhbeis Buys Shares of Star Equity Holdings, Inc.
Fruhbeis purchased 500 shares of Star Equity Holdings on June 12.
Key Points
- Fruhbeis bought 500 shares of Star Equity Holdings, Inc. (STRR) on June 12 for $11.23 each, totaling $5,615.
- Star Equity Holdings has a market cap of around $40.7 million and trades on the NasdaqGS with a 52-week range between $8.26 and $11.99.
- Litchfield Hills maintained a 'buy' rating with a $28 target, while insiders like CEO Jeffrey Eberwein have also been buying shares.
On June 12, 2026, Todd Michael Fruhbeis purchased 500 shares of Star Equity Holdings, Inc. (NasdaqGS: STRR) at an average price of $11.23 per share. This transaction was valued at $5,615 and was not part of a pre-planned trading program.
Insider Buying and Selling at Star Equity Holdings, Inc.
Recent insider activity at Star Equity Holdings has been notable. Alongside Fruhbeis, CEO Jeffrey Eberwein bought substantial shares, including 2,849 shares on June 9 for $11.23 each and another 10,000 shares on June 8 at $11.45 each. Mimi Drake also joined in, purchasing 1,000 shares on June 5 at $11.65 per share.
Other Institutional Activity in Star Equity Holdings
Several institutional investors have also adjusted their positions in Star Equity Holdings. Mink Brook Asset Management LLC added 1,685 shares, bringing its total to 316,139 shares, valued at about $3.25 million. Cable Car Capital, LP significantly increased its holdings by 42,752 shares to a total of 100,042 shares, worth approximately $1.03 million. Renaissance Technologies LLC added 2,200 shares, ending with 80,926 shares valued at about $831,919.
Star Equity Holdings Stock Snapshot
Shares of Star Equity Holdings, Inc. (NasdaqGS: STRR) are trading around $11.02. The company has a market capitalization of approximately $40.7 million, with a forward P/E ratio of 9.0 and a beta of 0.498. The stock's 52-week range is between $8.26 and $11.99, and it has a 50-day moving average of $10.23 and a 200-day moving average of $10.37.
Analysts Set New Price Targets
On March 23, 2026, Litchfield Hills maintained its 'buy' rating on Star Equity Holdings, setting a price target of $28. The consensus among analysts is a 'strong buy', with an average target price of $18.33, based on three analyst opinions.
About Star Equity Holdings, Inc.
Star Equity Holdings, Inc. is a diversified holding company based in Old Greenwich, Connecticut, operating in the Industrials sector. It runs through four segments: Building Solutions, Business Services, Energy Services, and Investments. The company manufactures and distributes building materials and provides recruitment and contracting solutions. It is also involved in the manufacture and supply of drilling tools for the oil and gas industry and manages investments in various companies.
Bottom Line
Insider buying at Star Equity Holdings, Inc. suggests confidence in the company's future, with key figures like CEO Jeffrey Eberwein actively increasing their stakes. Institutional investors have also shown interest, adjusting their holdings in the company. The recent analyst ratings confirm a positive outlook, with a 'strong buy' consensus. However, it's important to remember that insider transactions reported here are historical and may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.