Dallas Salazar
IPOs, contrarian, long/short equity, long-term horizon

Investar Holding Corp: I'll Take Mine Without Seasoning

Who is Investar Holding Corp?

"Investar Holding Corporation (ISTR) operates as a bank holding company for Investar Bank that provides various commercial banking products for individuals and small to medium-sized businesses in the United States. The company accepts various deposit products and offers various loans. In addition, the company provides cash management products and services. It operates in 10 locations, including Baton Rouge, New Orleans, Lafayette, and Hammond, Louisiana. The company was founded in 2006 and is headquartered in Baton Rouge, Louisiana." (SOURCE: Yahoo! Finance Stock Summary ISTR)

ISTR recently held an IPO on 7/1/14 selling 2,875,000 shares at $14/share which was below its initial targeted range of between $15-$17. The stock has had a flat performance...

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