STNG CEO Emanuele Lauro Purchases 234,637 Shares
Emanuele Lauro made a significant insider purchase of STNG shares.
Key Points
- On June 22, 2026, Emanuele Lauro, CEO of STNG, bought 234,637 shares at an average price of $5.87, totaling $1.38 million.
- Shares of STNG traded near $82.45 on Tuesday, reflecting investor interest amidst insider and institutional activities.
- Analysts like B of A Securities and BTIG maintain 'buy' ratings, with price targets ranging from $85 to $100.
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Emanuele Lauro, the Chief Executive Officer of STNG, made a notable insider purchase on June 22, 2026. Lauro acquired 234,637 shares at an average price of $5.87 per share, totaling approximately $1.38 million. This transaction was not part of a pre-planned trading program, indicating a direct decision by the CEO.
Other Institutional Activity in STNG
Several institutional investors have also been active in STNG. BlackRock, Inc. increased its holdings by 83,499 shares, bringing its total to 3,571,574 shares valued at about $266.65 million. Dimensional Fund Advisors LP added 122,874 shares, ending with 3,128,150 shares worth approximately $233.54 million. Meanwhile, Two Sigma Investments, LP significantly boosted its position by 1,019,152 shares, now holding 1,389,010 shares valued at around $103.70 million. In contrast, LSV Asset Management reduced its stake by 23,429 shares, holding 1,702,057 shares valued at $127.08 million.
Scorpio Tankers Inc. Stock Up 4.7%
Shares of STNG were trading near $82.45 on Tuesday. The company's stock reflects robust institutional interest, as evidenced by recent purchases. Analysts have been optimistic, with several firms maintaining 'buy' ratings and setting price targets as high as $100.
$STNG stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Scorpio Tankers Inc.
In addition to Emanuele Lauro's purchase, other insiders have also been active. On the same day, Marianne Okland sold 15,000 shares at $82.03 each. Earlier, on May 4, 2026, Niccolo Camerana, Sujata Parekh Kumar, Marianne Okland, and Berit Ledel Henriksen each bought 7,500 shares at $83.47.
Analysts Set New Price Targets
Analysts have been updating their outlooks on STNG. On May 7, 2026, B of A Securities upgraded the stock to a 'buy' with a price target of $100. BTIG maintained its 'buy' rating with the same target on May 5, 2026. Jefferies initiated coverage with a 'buy' rating and a $90 target on April 24, 2026. Evercore ISI Group also maintained a 'buy' rating with a $93 target on April 22, 2026.
Bottom Line
Emanuele Lauro's recent purchase of STNG shares highlights potential confidence in the company's future prospects. Institutional investors are also showing interest, with several funds increasing their positions. Analysts remain positive, with multiple 'buy' ratings and high price targets. As always, it's important to remember that this insider activity is based on past transactions and may not reflect current positions.
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