Somewhat Positive Press Coverage Somewhat Unlikely to Impact Capstar Financial Holdings (CSTR) Stock Price
Headlines about Capstar Financial Holdings (NASDAQ:CSTR) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Capstar Financial Holdings earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave headlines about the bank an impact score of 46.434113867297 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s rankings:
- Capstar Financial Holdings Inc. (CSTR) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- See Remarks of CapStar Financial Holdings (NASDAQ:CSTR), Tietz Christopher G, buys 2,000 shares worth $34,000 (empowerednews.net)
- Capstar Financial Holdings Inc. (CSTR) Insider Purchases $34,000.00 in Stock (americanbankingnews.com)
- Zacks Investment Research Downgrades Capstar Financial Holdings Inc. (CSTR) to Sell (americanbankingnews.com)
- Capstar Financial Holdings Inc. (NASDAQ:CSTR) Director Buys $50,970.00 in Stock (americanbankingnews.com)
Shares of Capstar Financial Holdings (NASDAQ:CSTR) traded down 1.88% on Tuesday, reaching $16.69. The company had a trading volume of 4,944 shares. The company’s 50-day moving average price is $18.14 and its 200 day moving average price is $18.63. Capstar Financial Holdings has a 52 week low of $15.50 and a 52 week high of $22.35. The firm has a market capitalization of $187.61 million and a P/E ratio of 94.29.
Several brokerages have recently commented on CSTR. Zacks Investment Research upgraded Capstar Financial Holdings from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research note on Monday, July 3rd. Sandler O’Neill upgraded Capstar Financial Holdings from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research note on Monday, May 15th. Finally, Stephens reissued a “hold” rating on shares of Capstar Financial Holdings in a report on Thursday, April 27th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $19.75.
In other news, Director Stephen Buford Smith bought 9,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 15th. The stock was purchased at an average cost of $17.90 per share, with a total value of $161,100.00. Following the transaction, the director now directly owns 766 shares in the company, valued at $13,711.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Dale W. Polley bought 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The stock was purchased at an average cost of $16.99 per share, with a total value of $50,970.00. Following the completion of the transaction, the director now owns 5,704 shares in the company, valued at $96,910.96. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 14,000 shares of company stock valued at $246,070. Insiders own 19.28% of the company’s stock.
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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