istar Inc (NYSE:STAR) major shareholder Istar Inc. acquired 21,075 shares of istar stock in a transaction dated Monday, December 4th. The shares were acquired at an average price of $18.02 per share, with a total value of $379,771.50. Following the completion of the acquisition, the insider now directly owns 6,500,548 shares of the company’s stock, valued at $117,139,874.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Istar Inc. also recently made the following trade(s):

  • On Friday, December 1st, Istar Inc. acquired 9,785 shares of istar stock. The shares were acquired at an average price of $18.13 per share, with a total value of $177,402.05.
  • On Wednesday, November 29th, Istar Inc. acquired 6,773 shares of istar stock. The shares were acquired at an average price of $18.52 per share, with a total value of $125,435.96.
  • On Monday, November 27th, Istar Inc. acquired 5,100 shares of istar stock. The shares were acquired at an average price of $18.62 per share, with a total value of $94,962.00.
  • On Friday, November 24th, Istar Inc. acquired 4,549 shares of istar stock. The shares were acquired at an average price of $18.62 per share, with a total value of $84,702.38.
  • On Wednesday, November 22nd, Istar Inc. acquired 9,854 shares of istar stock. The shares were acquired at an average price of $18.57 per share, with a total value of $182,988.78.
  • On Monday, November 20th, Istar Inc. acquired 10,000 shares of istar stock. The shares were acquired at an average price of $18.31 per share, with a total value of $183,100.00.
  • On Friday, November 17th, Istar Inc. purchased 9,160 shares of istar stock. The shares were purchased at an average price of $18.22 per share, for a total transaction of $166,895.20.
  • On Wednesday, November 15th, Istar Inc. purchased 15,700 shares of istar stock. The shares were purchased at an average price of $17.92 per share, for a total transaction of $281,344.00.
  • On Monday, November 13th, Istar Inc. purchased 14,948 shares of istar stock. The shares were purchased at an average price of $17.81 per share, for a total transaction of $266,223.88.
  • On Thursday, November 9th, Istar Inc. purchased 12,747 shares of istar stock. The shares were purchased at an average price of $17.93 per share, for a total transaction of $228,553.71.

istar Inc (STAR) opened at $11.26 on Thursday. The company has a debt-to-equity ratio of 4.76, a current ratio of 6.50 and a quick ratio of 6.50. The firm has a market cap of $782.94, a PE ratio of 6.11 and a beta of 1.26. istar Inc has a 52 week low of $10.95 and a 52 week high of $12.78.

STAR has been the topic of several analyst reports. TheStreet upgraded shares of istar from a “d+” rating to a “c” rating in a report on Wednesday, August 23rd. Keefe, Bruyette & Woods restated a “hold” rating and set a $14.00 price target on shares of istar in a report on Thursday, August 31st. Finally, BidaskClub upgraded shares of istar from a “strong sell” rating to a “sell” rating in a report on Wednesday, September 27th. One equities research analyst has rated the stock with a sell rating and three have assigned a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $14.00.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Quantbot Technologies LP boosted its stake in istar by 410.1% in the second quarter. Quantbot Technologies LP now owns 8,550 shares of the real estate investment trust’s stock valued at $102,000 after acquiring an additional 6,874 shares during the last quarter. Schroder Investment Management Group purchased a new position in istar in the third quarter valued at about $108,000. BNP Paribas Arbitrage SA boosted its stake in istar by 160.6% in the second quarter. BNP Paribas Arbitrage SA now owns 11,937 shares of the real estate investment trust’s stock valued at $144,000 after acquiring an additional 7,356 shares during the last quarter. Stevens Capital Management LP purchased a new position in istar in the second quarter valued at about $147,000. Finally, Magnetar Financial LLC purchased a new position in istar in the third quarter valued at about $154,000. Hedge funds and other institutional investors own 87.49% of the company’s stock.

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istar Company Profile

iStar Inc finances, invests in and develops real estate and real estate related projects as part of its integrated investment platform. The Company’s four business segments are Real Estate Finance, Net Lease, Operating Properties, and Land and Development. The Real Estate Finance portfolio consists of senior and mezzanine real estate loans that may be either fixed-rate or variable-rate.

Insider Buying and Selling by Quarter for istar (NYSE:STAR)

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