istar Inc (NYSE:STAR) major shareholder Istar Inc. purchased 19,962 shares of the business’s stock in a transaction on Friday, December 8th. The shares were acquired at an average price of $17.90 per share, for a total transaction of $357,319.80. Following the completion of the purchase, the insider now directly owns 6,561,300 shares of the company’s stock, valued at $117,447,270. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own 10% or more 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 Wednesday, December 6th, Istar Inc. bought 21,900 shares of istar stock. The shares were purchased at an average price of $17.86 per share, for a total transaction of $391,134.00.
  • On Monday, December 4th, Istar Inc. bought 21,075 shares of istar stock. The shares were purchased at an average price of $18.02 per share, for a total transaction of $379,771.50.
  • On Friday, December 1st, Istar Inc. bought 9,785 shares of istar stock. The shares were purchased at an average price of $18.13 per share, for a total transaction of $177,402.05.
  • On Wednesday, November 29th, Istar Inc. bought 6,773 shares of istar stock. The shares were purchased at an average price of $18.52 per share, for a total transaction of $125,435.96.
  • On Monday, November 27th, Istar Inc. bought 5,100 shares of istar stock. The shares were purchased at an average price of $18.62 per share, for a total transaction of $94,962.00.
  • On Friday, November 24th, Istar Inc. bought 4,549 shares of istar stock. The shares were purchased at an average price of $18.62 per share, for a total transaction of $84,702.38.
  • On Wednesday, November 22nd, Istar Inc. bought 9,854 shares of istar stock. The shares were purchased at an average price of $18.57 per share, for a total transaction of $182,988.78.
  • On Monday, November 20th, Istar Inc. bought 10,000 shares of istar stock. The shares were purchased at an average price of $18.31 per share, for a total transaction of $183,100.00.
  • On Friday, November 17th, Istar Inc. bought 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. bought 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.

Shares of istar Inc (NYSE STAR) remained flat at $$11.26 on Friday. 389,500 shares of the company were exchanged, compared to its average volume of 479,642. The company has a quick ratio of 6.50, a current ratio of 6.50 and a debt-to-equity ratio of 4.76. The stock has a market capitalization of $767.93, a price-to-earnings ratio of 5.99 and a beta of 1.26. istar Inc has a twelve month low of $10.95 and a twelve month high of $12.75.

A number of analysts recently weighed in on STAR shares. TheStreet upgraded shares of istar from a “d+” rating to a “c” rating in a research note on Wednesday, August 23rd. Keefe, Bruyette & Woods restated a “hold” rating and set a $14.00 target price on shares of istar in a research note on Thursday, August 31st. Finally, BidaskClub raised 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. istar presently has an average rating of “Hold” and an average target price of $14.00.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. GSA Capital Partners LLP boosted its holdings in istar by 21.9% in the third quarter. GSA Capital Partners LLP now owns 36,154 shares of the real estate investment trust’s stock valued at $427,000 after purchasing an additional 6,498 shares in the last quarter. Sterling Capital Management LLC boosted its holdings in istar by 8.8% in the third quarter. Sterling Capital Management LLC now owns 208,155 shares of the real estate investment trust’s stock valued at $2,456,000 after purchasing an additional 16,855 shares in the last quarter. Claar Advisors LLC boosted its holdings in istar by 62.8% in the third quarter. Claar Advisors LLC now owns 825,000 shares of the real estate investment trust’s stock valued at $9,735,000 after purchasing an additional 318,194 shares in the last quarter. Magnetar Financial LLC acquired a new position in istar in the third quarter valued at approximately $154,000. Finally, KBC Group NV boosted its holdings in istar by 89.5% in the third quarter. KBC Group NV now owns 99,350 shares of the real estate investment trust’s stock valued at $1,172,000 after purchasing an additional 46,921 shares in the last quarter. 87.49% of the stock is owned by hedge funds and other institutional investors.

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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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