Star Bulk Carriers Chief Strategy Officer Acquires Shares

Charis Plakantonaki, the Chief Strategy Officer of Star Bulk Carriers Corp., purchased 17,200 shares of the company on June 12, 2026. The shares are traded on the NasdaqGS under the ticker SBLK, and the stock price was $26.88 at the time of the transaction.

Insider Buying and Selling at Star Bulk Carriers Corp.

Several insiders at Star Bulk Carriers made purchases on June 12, 2026. Besides Charis Plakantonaki, Eleni Vrettou bought 7,580 shares, Hamish Norton, the President, acquired 35,800 shares, and Spyridon Capralos purchased 19,500 shares. Also, Christos Begleris, the co-CFO, bought 26,200 shares, and Nikolaos Reskos, the Chief Operating Officer, acquired 48,100 shares. None of these transactions were planned under a Rule 10b5-1 plan.

Other Institutional Activity in Star Bulk Carriers

Two Sigma Investments, LP significantly increased its holdings in Star Bulk Carriers by 2,450,563 shares, reaching a total of 3,012,963 shares valued at approximately $69.2 million. Renaissance Technologies LLC also grew its position, adding 237,248 shares for a total of 2,067,637 shares worth about $47.5 million. Victory Capital Management Inc established a new position with 1,920,289 shares valued at $44.1 million. Philosophy Capital Management LLC increased its stake by 224,418 shares, bringing its total to 1,874,418 shares worth $43.1 million. Goldman Sachs Group Inc expanded its holdings by 1,102,539 shares, totaling 1,737,933 shares valued at $39.9 million.

Star Bulk Carriers Corp. Stock Down 11.8%

Shares of NasdaqGS:SBLK traded near $26.88. Star Bulk Carriers has a market cap of approximately $2.97 billion. The company has a P/E ratio of 21.30 and a forward P/E of 7.42, with a beta of 0.722. The stock's 52-week range is between $16.21 and $28.50, with a 50-day moving average of $26.00 and a 200-day moving average of $21.90. The company maintains a current ratio of 1.73 and a quick ratio of 1.38, with a debt-to-equity ratio of 45.11.

Recent Earnings

Star Bulk Carriers reported revenue of approximately $1.09 billion, reflecting a growth rate of 21.9%. The company achieved a net margin of 13.01% and a return on equity of 5.83%. Earnings per share stood at $1.25. The next earnings report is expected on August 5, 2026.

Dividend

Star Bulk Carriers offers an annual dividend rate of $1.03, yielding 3.87%. The dividend payout ratio is 46.4%.

Analysts Set New Price Targets

On May 29, 2026, Jefferies maintained a buy rating for Star Bulk Carriers with 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 shipping company specializing in the ocean transportation of dry bulk cargoes. The company owns and operates a fleet of 136 dry bulk vessels, including Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax vessels. These ships transport various bulk commodities such as iron ores, minerals, grains, bauxite, fertilizers, and steel products. Led by CEO Mr. Petros Alexandros Pappas, Star Bulk Carriers employs 294 people worldwide.

Bottom Line

The recent insider buying activity at Star Bulk Carriers, including significant purchases by key executives, highlights interest in the company's stock. Investors often track such moves for potential insights into future performance. While these transactions reflect past actions, they are part of regular SEC disclosures and may not indicate current positions.