Investar (ISTR) News Today

Investar (NASDAQ:ISTR - Get Free Report) released its quarterly earnings data on Monday. The financial services provider reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.06. Investar had a return on equity of 8.17% and a net margin of 12.02%.

Investar Holding Co. (NASDAQ:ISTR - Get Free Report) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totalling 47,900 shares, an increase of 25.4% from the June 15th total of 38,200 shares. Based on an average daily volume of 52,700 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.6% of the company's stock are sold short.

Investar (NASDAQ:ISTR) Share Price Passes Below Fifty Day Moving Average of $15.68

Investar Holding Co. (NASDAQ:ISTR - Get Free Report) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 38,200 shares, a growth of 15.4% from the May 31st total of 33,100 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 27,000 shares, the short-interest ratio is currently 1.4 days.

Investar Holding Co. (NASDAQ:ISTR) declared a quarterly dividend on Wednesday, June 19th. Stockholders of record on Monday, July 1st will be paid a dividend of 0.10 per share by the financial services provider on Wednesday, July 31st. This represents a $0.40 annualized dividend and a dividend yield of 2.71%. The ex-dividend date is Monday, July 1st.

Investar Holding Co. (NASDAQ:ISTR - Get Free Report) saw a significant increase in short interest in May. As of May 31st, there was short interest totalling 33,100 shares, an increase of 8.9% from the May 15th total of 30,400 shares. Based on an average daily trading volume, of 23,600 shares, the short-interest ratio is presently 1.4 days. Approximately 0.4% of the shares of the stock are short sold.

Investar (NASDAQ:ISTR) Share Price Crosses Below Two Hundred Day Moving Average of $15.72

Investar Holding Co. (NASDAQ:ISTR - Get Free Report) CEO John J. D'angelo sold 650 shares of the stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $15.41, for a total transaction of $10,016.50. Following the sale, the chief executive officer now owns 218,564 shares of the company's stock, valued at approximately $3,368,071.24. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

StockNews.com cut Investar from a "buy" rating to a "hold" rating in a research report on Wednesday.

Investar (NASDAQ:ISTR) Stock Price Passes Below Fifty Day Moving Average of $16.11

Hovde Group reduced their target price on shares of Investar from $20.50 to $20.00 and set an "outperform" rating for the company in a research report on Tuesday.

Investar (NASDAQ:ISTR) will be releasing earnings on Thursday, April 18, Yahoo Finance reports.

Investar Holding Co. (NASDAQ:ISTR) announced a quarterly dividend on Wednesday, March 20th. Stockholders of record on Monday, April 1st will be paid a dividend of 0.10 per share by the financial services provider on Tuesday, April 30th. This represents a $0.40 annualized dividend and a dividend yield of 2.47%. The ex-dividend date is Thursday, March 28th.

Investar (NASDAQ:ISTR) Shares Pass Above 50-Day Moving Average of $16.32

Investar (NASDAQ:ISTR) Shares Pass Above 50-Day Moving Average of $15.13

Investar (NASDAQ:ISTR) will be releasing earnings on Friday, January 26, Yahoo Finance reports.

Investar Holding Co. (NASDAQ:ISTR - Get Free Report) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 20,600 shares, an increase of 90.7% from the November 30th total of 10,800 shares. Based on an average daily trading volume, of 22,400 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.2% of the shares of the stock are sold short.

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