Star Bulk Carriers' Co-CFO Symeon Spyrou Buys Shares
Symeon Spyrou, co-CFO of Star Bulk Carriers, purchased 26,200 shares on June 12, 2026.
Key Points
- Symeon Spyrou, co-CFO of Star Bulk Carriers, bought 26,200 shares of SBLK on June 12, 2026.
- Star Bulk Carriers, trading around $27.07, has a market cap of about $3.02 billion and a P/E ratio of 21.7.
- Analysts have a strong buy consensus for SBLK, with a mean price target of $30.98 from five opinions.
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On June 12, 2026, Symeon Spyrou, the co-CFO of Star Bulk Carriers Corp. (NasdaqGS: SBLK), purchased 26,200 shares of the company. This insider buying activity comes as the stock trades near $27.07.
Insider Buying and Selling at Star Bulk Carriers Corp.
Symeon Spyrou wasn't the only insider buying shares. On the same day, other executives, including President Hamish Norton, who acquired 35,800 shares, and Chief Operating Officer Nikolaos Reskos, who bought 48,100 shares, also made purchases. This activity was not part of a pre-arranged trading plan.
Other Institutional Activity in Star Bulk Carriers
Several institutional investors have also been active in Star Bulk Carriers. Two Sigma Investments, LP increased its holdings by 2,450,563 shares, ending with 3,012,963 shares valued at about $69.2 million. Renaissance Technologies LLC added 237,248 shares, bringing its total to 2,067,637 shares worth approximately $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 grew its stake by 224,418 shares to 1,874,418 shares, valued at $43.1 million. Goldman Sachs Group Inc expanded its position by 1,102,539 shares, holding 1,737,933 shares valued at $39.9 million.
Star Bulk Carriers Corp. Stock Down 11.2%
Shares of Star Bulk Carriers (NasdaqGS: SBLK) are trading near $27.07. The company has a market capitalization of approximately $3.02 billion, with a P/E ratio of 21.7 and a forward P/E of 7.54. The stock's beta is 0.722, indicating lower volatility compared to the market. Over the past 52 weeks, the stock has ranged from $16.21 to $28.50. It has a 50-day moving average of $25.95 and a 200-day moving average of $21.86. The company's financial health is supported by 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, with a revenue growth rate of 21.9%. The company achieved a net margin of 13.0% and a return on equity of 5.83%. The next earnings report is expected on August 5, 2026.
Dividend
Star Bulk Carriers pays an annual dividend of $1.03 per share, yielding 3.8%. The dividend payout ratio stands at 46.4%, indicating a sustainable dividend policy.
Analysts Set New Price Targets
On May 29, 2026, Jefferies maintained its buy rating for Star Bulk Carriers with a price target of $31. In total, five analysts have a strong buy consensus on the stock, with an average price target of $30.98.
About Star Bulk Carriers
Star Bulk Carriers Corp. is a global shipping company based in Marousi, Greece. It operates a large fleet of dry bulk vessels that transport commodities such as iron ore, minerals, and grains across the world. Led by CEO Petros Alexandros Pappas, the company employs 294 people and was incorporated in 2006.
Bottom Line
Star Bulk Carriers' recent insider buying, including the acquisition by co-CFO Symeon Spyrou, suggests confidence in the company's prospects. The stock's performance metrics and analyst ratings reflect positive sentiment, although investors should remember that insider transactions are disclosed after they occur.
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