Somewhat Positive Media Coverage Somewhat Unlikely to Impact Capstar Financial Holdings (CSTR) Stock Price
Media coverage about Capstar Financial Holdings (NASDAQ:CSTR) has trended somewhat positive recently, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Capstar Financial Holdings earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 46.1080960281076 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
CSTR has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Capstar Financial Holdings from a “sell” rating to a “hold” rating in a research note on Friday, June 16th. Stephens set a $17.00 target price on Capstar Financial Holdings and gave the stock a “hold” rating in a research note on Monday, August 14th. Finally, Sandler O’Neill downgraded Capstar Financial Holdings from a “buy” rating to a “hold” rating and cut their target price for the stock from $21.00 to $19.00 in a research note on Tuesday, August 1st. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $19.20.
Shares of Capstar Financial Holdings (CSTR) opened at 17.02 on Friday. Capstar Financial Holdings has a 12-month low of $15.50 and a 12-month high of $22.35. The company has a 50 day moving average of $17.50 and a 200-day moving average of $18.30. The company has a market cap of $191.32 million and a PE ratio of 96.16.
In related news, Director Stephen Buford Smith purchased 9,000 shares of the business’s stock in a transaction on Thursday, June 15th. The shares were acquired at an average price of $17.90 per share, for a total transaction of $161,100.00. Following the purchase, the director now owns 766 shares of the company’s stock, valued at approximately $13,711.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Christopher G. Tietz purchased 2,000 shares of the business’s stock in a transaction on Wednesday, August 2nd. The shares were bought at an average price of $17.00 per share, for a total transaction of $34,000.00. Following the purchase, the insider now directly owns 5,100 shares in the company, valued at approximately $86,700. The disclosure for this purchase can be found here. Insiders have acquired a total of 14,000 shares of company stock worth $246,070 in the last 90 days. 19.28% of the stock is currently owned by company insiders.
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About Capstar Financial Holdings
CapStar Financial Holdings, Inc is a bank holding company. The Company operates primarily through its subsidiary, CapStar Bank. CapStar Bank is a commercial bank. The Company’s lines of business include commercial and industrial, commercial real estate, healthcare, correspondent banking, personal and private banking and wealth management, and mortgage banking.
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