Aristeidis Pittas Buys Shares of EDRY
Aristeidis Pittas purchased 250 shares of EDRY for $5,500 on June 22, 2026.
Key Points
- Aristeidis Pittas bought 250 shares of EDRY at $22 each on June 22, 2026, for a total of $5,500.
- Shares of EDRY traded near $20.16 on Tuesday, with a 52-week range not provided.
- Renaissance Technologies increased its EDRY holdings by 21,047 shares, reaching 60,347 shares valued at about $1.19 million.
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Aristeidis Pittas, a key figure at EDRY, recently bought 250 shares of the company at $22 each. This transaction, which occurred on June 22, 2026, amounted to a total of $5,500. The purchase was not part of a pre-planned trading program.
Other Institutional Activity in EDRY
Several institutional investors have also made moves in EDRY. Renaissance Technologies LLC increased its holdings by 21,047 shares, bringing its total to 60,347 shares valued at approximately $1.19 million, a 53.6% increase. Marshall Wace, LLP opened a new position with 10,806 shares valued at $212,877. Morgan Stanley added 587 shares, resulting in a 10.6% increase to a total of 6,126 shares worth about $120,683. Meanwhile, BlackRock, Inc. maintained its position with 2,135 shares valued at $42,060, and Newedge Advisors, LLC also opened a new position with 1,108 shares worth $21,828.
Insider Buying and Selling at EuroDry Ltd.
Aristeidis Pittas has been active in acquiring shares of EDRY. In addition to the recent purchase on June 22, earlier this year, on April 14, he bought 498 shares at $20 each. On April 8, he made multiple purchases: 352 shares twice and 704 shares, all at $20.10 each. These transactions were not executed under any pre-planned trading arrangements.
Analysts Set New Price Targets
Analysts have maintained a positive outlook for EDRY. On May 23, 2024, Maxim Group maintained a 'buy' rating with a price target of $30. Similarly, Noble Financial reiterated its 'buy' rating with the same target on May 22, 2024. These ratings reflect a strong consensus among analysts, with a mean target price of approximately $30 based on multiple opinions.
Bottom Line
Aristeidis Pittas's recent purchase of EDRY shares highlights his confidence in the company. Institutional investors have also shown interest, with significant increases in their holdings. Analyst ratings remain favorable, suggesting a positive outlook for EDRY. As with all 13F filings and insider transactions, these actions reflect past data and may not indicate current positions.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.