Capstar Financial Holdings (CSTR) Receiving Somewhat Favorable Press Coverage, Report Finds
Media coverage about Capstar Financial Holdings (NASDAQ:CSTR) has trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by monitoring more than 20 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 impact score of 0.14 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 46.1559102839342 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Capstar Financial Holdings (NASDAQ:CSTR) opened at 17.01 on Friday. The company’s 50-day moving average is $17.59 and its 200 day moving average is $18.41. Capstar Financial Holdings has a 12-month low of $15.50 and a 12-month high of $22.35. The stock has a market capitalization of $191.21 million and a PE ratio of 96.10.
A number of equities research analysts have recently commented on CSTR shares. Zacks Investment Research raised shares of Capstar Financial Holdings from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a report on Monday, July 3rd. Sandler O’Neill raised shares of Capstar Financial Holdings from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a report on Monday, May 15th. Finally, Stephens reaffirmed a “hold” rating on shares of Capstar Financial Holdings in a report on Thursday, April 27th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. Capstar Financial Holdings has an average rating of “Hold” and an average target price of $19.20.
In other news, insider Christopher G. Tietz acquired 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were purchased at an average cost of $17.00 per share, for a total transaction of $34,000.00. Following the transaction, the insider now directly owns 5,100 shares in the company, valued at approximately $86,700. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dale W. Polley acquired 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The stock was purchased at an average price of $16.99 per share, for a total transaction 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 quarter, insiders purchased 14,000 shares of company stock worth $246,070. 19.28% of the stock is currently owned by insiders.
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.
Receive News & Ratings for Capstar Financial Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstar Financial Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.