Eglin Jon Stephen Sells Shares of DHT
Insider transaction and institutional activity highlight recent moves in DHT stock.
Key Points
- Eglin Jon Stephen, involved in Chartering & Operations, sold 6,795 shares of DHT on June 16, 2026.
- DHT shares are trading around $18.11, with significant institutional interest from funds like BlackRock and Millennium Management.
- Analysts have mixed ratings on DHT, with Evercore ISI Group downgrading to hold and BTIG maintaining a buy rating.
Eglin Jon Stephen, who works in Chartering & Operations at DHT, sold 6,795 shares of the company on June 16, 2026. This insider transaction wasn't part of a pre-planned trading plan, and it took place with DHT shares trading near $18.11.
Other Institutional Activity in DHT
Several major institutional investors have recently adjusted their positions in DHT. FMR LLC increased its holdings by 35,962 shares, now holding 24,155,861 shares valued at approximately $441.3 million. In contrast, Dimensional Fund Advisors LP trimmed its stake by 80,728 shares, bringing its total to 10,343,906 shares worth about $189 million. BlackRock, Inc. significantly boosted its position by 1,586,653 shares, ending with 8,632,868 shares valued at $157.7 million. Meanwhile, Arrowstreet Capital, Limited Partnership added 1,836,892 shares, totaling 4,315,767 shares valued at around $78.8 million.
DHT Stock Snapshot
Shares of DHT are currently trading near $18.11. The stock has seen activity from both individual insiders and large institutional investors, reflecting varied interest levels. The recent insider selling by Eglin Jon Stephen and other institutional moves may impact market perception.
Insider Buying and Selling at DHT
In addition to Eglin Jon Stephen's sale, there have been other insider transactions. On the same day, he also acquired 6,795 shares. Earlier, Ana Lucia Pocas Zambelli bought 29,796 shares on June 2, 2026, while Sophie Rossini sold the same amount on the same date.
Analysts Set New Price Targets
On April 22, 2026, Evercore ISI Group downgraded DHT to a hold rating with a price target of $19. Meanwhile, BTIG maintained its buy rating with a target of $23. These mixed analyst ratings reflect differing views on DHT's future performance.
Bottom Line
The recent insider activity and institutional moves indicate ongoing interest in DHT's stock. Investors watch these changes closely, though it's important to remember that insider transactions and 13F filings are backward-looking and may not reflect current positions or sentiment.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.