Spyridon Capralos Acquires Shares of Star Bulk Carriers
Star Bulk Carriers sees insider buying as Spyridon Capralos acquires 19,500 shares.
Key Points
- Spyridon Capralos purchased 19,500 shares of Star Bulk Carriers on June 12, 2026.
- Star Bulk Carriers trades at $27.07 with a market cap of $3.02 billion and a P/E ratio of 21.7.
- Jefferies maintained a 'buy' rating with a $31 price target for Star Bulk Carriers.
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Spyridon Capralos, a key insider at Star Bulk Carriers Corp. (NasdaqGS: SBLK), recently bought 19,500 shares of the company on June 12, 2026. While the transaction was not part of a pre-planned trading program, it suggests confidence in the company's prospects.
Insider Buying and Selling at Star Bulk Carriers Corp.
Several insiders were active at Star Bulk Carriers around the same time. On June 12, 2026, Norton Hamish, the President, also purchased 35,800 shares. Meanwhile, Nikolaos Karellis sold 20,000 shares on June 11, 2026, at an average price of $26.96, and Chief Operating Officer Nikolaos Reskos sold 5,000 shares on June 1, 2026, at $28.49 as part of a planned sale.
Other Institutional Activity in Star Bulk Carriers
Two Sigma Investments, LP significantly increased its stake by 2,450,563 shares, bringing its total to 3,012,963 shares valued at about $69.2 million. Renaissance Technologies LLC also added 237,248 shares, ending with 2,067,637 shares worth approximately $47.5 million. Victory Capital Management Inc entered a new position with 1,920,289 shares valued at $44.1 million. Goldman Sachs Group Inc increased its holdings by 1,102,539 shares, totaling 1,737,933 shares worth around $39.9 million.
Star Bulk Carriers Corp. Stock Down 11.2%
Shares of Star Bulk Carriers (NasdaqGS: SBLK) are trading at $27.07. The company has a market capitalization of $3.02 billion and a P/E ratio of 21.7. Its forward P/E is notably lower at 7.5, indicating expectations of strong future earnings. The stock's 52-week range is between $16.21 and $28.50, with a 50-day moving average of $25.95 and a 200-day moving average of $21.86. Star Bulk Carriers maintains a current ratio of 1.73 and a debt-to-equity ratio of 45.1.
Recent Earnings
In its latest earnings report, Star Bulk Carriers posted revenue of $1.09 billion, marking a 21.9% increase. The company reported an EPS of $1.25, with a net margin of 13% and a return on equity of 5.8%. The next earnings release is scheduled for August 5, 2026.
Dividend
Star Bulk Carriers offers an annual dividend rate of $1.03, yielding 3.8%. The dividend payout ratio stands at 46.4%, reflecting a balanced approach to returning capital to shareholders.
Analysts Set New Price Targets
On May 29, 2026, Jefferies maintained its 'buy' rating for Star Bulk Carriers, setting a price target of $31. The consensus among analysts is a 'strong buy', with a mean target price of $30.98 based on five analyst opinions.
About Star Bulk Carriers
Star Bulk Carriers Corp., headquartered in Marousi, Greece, is a leading player in the marine shipping industry. It operates a fleet of 136 dry bulk vessels transporting commodities like iron ore, minerals, and grains globally. The company is led by CEO Petros Alexandros Pappas and employs approximately 294 people.
Bottom Line
The recent insider buying by Spyridon Capralos at Star Bulk Carriers suggests a positive outlook from within the company. Investors often track such moves as they can indicate confidence in future performance. It's important to note that this insight is based on past filings and may not reflect the current position.
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