Neostellar Capital (SSSS) CEO Mark Klein Sells $4M of Stock
SSSS CEO Mark Klein sold 293,265 shares, totaling nearly $4 million.
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Mark Klein, Chairman, CEO and President at Neostellar Capital Corp. ($SSSS), sold 293,265 shares at an average price of $13.56, worth about $3.98 million, on June 15, 2026. The trade was reported to the SEC in a Form 4 filing.
Key Points
- Mark Klein, CEO of SSSS, sold 293,265 shares on June 15, 2026, at an average price of $13.56, totaling approximately $3.98 million.
- SSSS shares traded at $13.02, with peer investors like Gabelli Funds LLC increasing their holdings by 41,894 shares.
- Analysts, including Barrington Research, maintain a 'buy' rating on SSSS, with recent price targets up to $18.00.
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Mark Klein, the Chairman, CEO, and President of SSSS, recently sold a substantial portion of his holdings in the company. On June 15, 2026, Klein sold 293,265 shares at an average price of $13.56 per share, totaling approximately $3.98 million. This transaction was not part of a pre-arranged trading plan.
Other Institutional Activity in SSSS
Several institutional investors have also made moves in SSSS. Gabelli Funds LLC grew its holdings by 41,894 shares, ending up with 1,304,102 shares valued at about $13.97 million. Meanwhile, Gatepass Capital, LLC trimmed its position slightly by 2,500 shares, holding 505,900 shares worth approximately $5.42 million. Needham Investment Management LLC maintained its position with 426,594 shares valued at $4.57 million. Franklin Resources Inc significantly increased its stake by 90,512 shares, reaching a total of 300,695 shares valued at $3.22 million. Kingsview Wealth Management, LLC established a new position with 265,258 shares valued at approximately $2.84 million.
SSSS Stock Snapshot
Shares of SSSS were trading around $13.02. The stock has been subject to various analyst evaluations, reflecting its market activities and potential future performance.
Insider Buying and Selling at Neostellar Capital Corp.
In addition to Mark Klein's sale, other insiders have been active. Allison Green, the Chief Financial Officer, sold 41,815 shares on June 15, 2026, at the same average price of $13.56. However, a few days earlier, on June 12, 2026, Green acquired 60,000 shares, and Klein purchased 350,000 shares, both transactions at no cost. Other insiders, Lisa Westley and Leonard Potter, also made purchases of 3,536 shares each on June 10, 2026.
Analysts Set New Price Targets
Analysts remain optimistic about SSSS. On May 6, 2026, Barrington Research maintained its 'buy' rating with a price target of $18.00. Earlier in April, Citizens and BTIG both reaffirmed their 'buy' ratings with targets of $15.00. The analyst consensus suggests a generally positive outlook for the company's stock.
About SSSS
SSSS operates in the financial sector, providing various investment and advisory services. The company is led by CEO Mark Klein and is known for engaging in diverse financial activities that cater to a wide range of clients.
Bottom Line
Mark Klein's recent sale of nearly $4 million in SSSS shares highlights significant insider activity. Investors often track such moves for potential insights into company performance. While Klein's transaction was notable, it's important to remember that 13F filings and insider sales are backward-looking and may not fully indicate future actions or performance.
Source: Mark Klein's Form 4 filing on $SSSS (Jun 15, 2026). Find the original filing: SSSS Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts