Sterling Check Corp. (NASDAQ:STER) Insider Lou Paglia Sells 47,000 Shares

Sterling Check Corp. (NASDAQ:STER) insider Lou Paglia sold 47,000 shares of Sterling Check stock in a transaction that occurred on Thursday, July 11th. The shares were sold at an average price of $15.15, for a total value of $712,050.00. Following the completion of the sale, the insider now directly owns 618,331 shares in the company, valued at approximately $9,367,714.65. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Lou Paglia also recently made the following trade(s):

• On Wednesday, June 12th, Lou Paglia sold 861 shares of Sterling Check stock. The shares were sold at an average price of $15.53, for a total transaction of $13,371.33.

Sterling Check Trading Down 0.1 %

Shares of NASDAQ STER traded down $0.01 during trading on Friday, hitting $15.16. 75,553 shares of the company traded hands, compared to its average volume of 457,461. Sterling Check Corp. has a 1 year low of $10.00 and a 1 year high of $16.68. The company has a 50-day moving average price of $15.19 and a 200-day moving average price of $14.76. The firm has a market capitalization of $1.48 billion, a P/E ratio of -151.60 and a beta of 0.48. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.74.

Sterling Check (NASDAQ:STER) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.07). Sterling Check had a positive return on equity of 8.47% and a negative net margin of 1.19%. The business had revenue of $186.00 million for the quarter, compared to analysts’ expectations of $178.95 million. On average, equities analysts predict that Sterling Check Corp. will post 0.73 EPS for the current year.

Analyst Ratings Changes

Separately, Stifel Nicolaus reiterated a “hold” rating and set a $16.50 price target (up from $14.00) on shares of Sterling Check in a research report on Thursday, March 14th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Sterling Check currently has an average rating of “Hold” and a consensus target price of $15.30.

Institutional Investors Weigh In On Sterling Check

A number of institutional investors have recently modified their holdings of the stock. Quest Partners LLC acquired a new stake in Sterling Check during the fourth quarter worth about $54,000. M&T Bank Corp bought a new position in Sterling Check in the 4th quarter worth about $151,000. Blackstone Inc. bought a new position in Sterling Check in the 1st quarter worth about $220,000. SG Americas Securities LLC grew its position in Sterling Check by 29.0% in the 4th quarter. SG Americas Securities LLC now owns 17,213 shares of the company’s stock worth $240,000 after purchasing an additional 3,872 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in Sterling Check in the 1st quarter worth about $320,000. Institutional investors and hedge funds own 84.34% of the company’s stock.

Sterling Check Company Profile

Sterling Check Corp. provides technology-enabled background and identity verification services in the United States, Canada, Europe, the Middle East and Africa, and the Asia Pacific. The company offers identity verification services, such as telecom and device verification, identification document verification, facial recognition with biometric matching, social security number verification, and live video chat identification proofing; fingerprinting; background checks, including criminal record checks, sex offender registries, civil court records, motor vehicle and driving license records, executive investigations, credit reports, social media searches, and contingent workforce solutions; liens, judgments, and bankruptcies; and sanctions, risk, and compliance checks.