Capstar Financial Holdings Inc (CSTR) Receives New Coverage from Analysts at Raymond James Financial Inc.
Raymond James Financial Inc. initiated coverage on shares of Capstar Financial Holdings Inc (NASDAQ:CSTR) in a research note issued to investors on Monday. The firm issued an outperform rating and a $20.00 price objective on the stock.
Several other equities research analysts also recently commented on CSTR. Compass Point initiated coverage on shares of Capstar Financial Holdings in a report on Thursday, September 22nd. They set a buy rating on the stock. Keefe, Bruyette & Woods initiated coverage on shares of Capstar Financial Holdings in a report on Monday. They issued a market perform rating and a $19.00 price target on the stock. Finally, Sandler O’Neill initiated coverage on shares of Capstar Financial Holdings in a report on Monday. They issued a hold rating and a $19.00 price target on the stock.
Capstar Financial Holdings (NASDAQ:CSTR) traded down 0.17% during midday trading on Monday, reaching $17.52. 226 shares of the company traded hands. Capstar Financial Holdings has a one year low of $15.50 and a one year high of $18.06. The stock’s 50 day moving average is $17.26 and its 200 day moving average is $17.26. The company has a market capitalization of $152.04 million and a price-to-earnings ratio of 22.46.
In related news, major shareholder North Dakota Investors Llc sold 1,060,873 shares of the company’s stock in a transaction that occurred on Wednesday, September 21st. The shares were sold at an average price of $15.00, for a total value of $15,913,095.00. Following the transaction, the insider now directly owns 1,060,873 shares in the company, valued at $15,913,095. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Louis A. Green III acquired 11,757 shares of the firm’s stock in a transaction that occurred on Wednesday, September 21st. The stock was bought at an average price of $15.00 per share, for a total transaction of $176,355.00. Following the completion of the transaction, the director now owns 98,043 shares of the company’s stock, valued at approximately $1,470,645. The disclosure for this purchase can be found here.
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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