Arne Blystad Buys Shares of Star Bulk Carriers Corp.

Arne Blystad recently increased his investment in Star Bulk Carriers Corp. by purchasing 7,580 shares. This transaction took place on June 12, 2026, reflecting a growing interest in the marine shipping company that trades on the NasdaqGS under the ticker SBLK.

Other Institutional Activity in Star Bulk Carriers Corp.

Two Sigma Investments, LP significantly boosted its holdings by adding 2,450,563 shares, bringing its total to over 3 million shares, valued at approximately $69.2 million. Renaissance Technologies LLC also increased its stake by 237,248 shares, totaling about 2.07 million shares worth $47.5 million. Victory Capital Management Inc entered the stock with 1,920,289 shares valued at $44.1 million. Meanwhile, Goldman Sachs Group Inc nearly doubled its position, adding 1,102,539 shares to reach 1.74 million shares, valued at around $39.9 million.

Star Bulk Carriers Corp. Stock Snapshot

Star Bulk Carriers Corp. shares are trading at $27.07. The company has a market cap of approximately $3.02 billion and a P/E ratio of 21.66. Its forward P/E stands at 7.54, with a beta of 0.722. The stock's 52-week range is between $16.21 and $28.50, with moving averages of $25.95 for 50 days and $21.86 for 200 days. Star Bulk Carriers 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 about $1.09 billion, with a revenue growth rate of 21.9%. The company achieved a net margin of 13.01% and a return on equity of 5.83%. Its earnings per share stood at $1.25. The next earnings report is expected on August 5, 2026.

Dividend

The company pays an annual dividend of $1.03 per share, yielding 3.8% with a payout ratio of 46.4%.

Insider Buying and Selling at Star Bulk Carriers Corp.

On June 12, 2026, several insiders bought shares in Star Bulk Carriers. Arne Blystad acquired 7,580 shares. Vrettou Eleni also bought 7,580 shares, while President Hamish Norton purchased 35,800 shares. Chief Operating Officer Nikolaos Reskos added 48,100 shares to his holdings.

Analysts Set New Price Targets

On May 29, 2026, Jefferies maintained a 'buy' rating on Star Bulk Carriers Corp. and set a price target of $31. The consensus among analysts is a 'strong buy' with an average target price of $30.98 based on five opinions.

About Star Bulk Carriers Corp.

Star Bulk Carriers Corp. is a shipping company based in Marousi, Greece. It operates a fleet of 136 dry bulk vessels, transporting commodities like iron ore, minerals, and grains worldwide. The company, founded in 2006, is led by CEO Mr. Petros Alexandros Pappas and employs about 294 people.

Bottom Line

Star Bulk Carriers Corp. is seeing notable insider buying, suggesting confidence in its future prospects. With a healthy market cap and a strong analyst consensus, the stock is closely watched by investors. These insider transactions, disclosed after the fact, provide insight into the company's internal perspectives.