DHT CEO Harfjeld Svein Moxnes Sells Shares
CEO Harfjeld Svein Moxnes sold 32,620 shares of DHT on June 16, 2026.
Key Points
- DHT's President & CEO, Harfjeld Svein Moxnes, sold 32,620 shares on June 16, 2026.
- Shares of DHT traded at $18.11 with mixed institutional activity noted.
- Analysts have set varied price targets, with Evercore ISI downgrading to a hold.
On June 16, 2026, Harfjeld Svein Moxnes, the President and CEO of DHT, sold 32,620 shares of the company. This insider transaction did not involve a planned trading program and was executed at an undisclosed price. This move comes amid a broader landscape of trading activities and analyst opinions surrounding DHT.
Other Institutional Activity in DHT
FMR LLC slightly increased its stake in DHT by adding 35,962 shares, bringing its total to 24,155,861 shares valued at approximately $441.3 million. In contrast, Dimensional Fund Advisors LP reduced its holdings by 80,728 shares, ending with 10,343,906 shares worth about $189 million. BlackRock, Inc. made a significant addition, boosting its stake by 1,586,653 shares to a total of 8,632,868 shares valued at $157.7 million. Meanwhile, DME Capital Management, LP cut its position by 2,093,894 shares, now holding 5,272,770 shares worth $96.3 million. Arrowstreet Capital, Limited Partnership notably increased its holdings by 1,836,892 shares to 4,315,767 shares, valued at $78.8 million.
Insider Buying and Selling at DHT
On the same day, several other insiders were active. Jon Stephen Eglin, involved in Chartering & Operations, acquired 6,795 shares. Technical Director Svenn Magne Edvardsen both bought and sold 6,795 shares. Harfjeld Svein Moxnes also bought 2,620 shares earlier on June 16, but later sold 32,620 shares. Laila Cecilie Halvorsen, the Chief Financial Officer, sold 6,795 shares.
Analysts Set New Price Targets
On April 22, 2026, Evercore ISI Group downgraded DHT to a hold rating, setting a price target of $19. BTIG maintained its buy rating with a target of $23 on the same day. Previously, BTIG had reiterated a buy rating with a target of $18 on February 4, 2026. Jefferies has consistently maintained a buy rating, with targets ranging from $15 to $16 over the past year.
Bottom Line
Harfjeld Svein Moxnes's recent sale of DHT shares is part of a complex picture of insider and institutional activity. While insider transactions can signal various strategic moves, they aren't inherently indicative of company performance. Investors often track such activities alongside analyst ratings and institutional movements to gauge market sentiment and potential future performance.
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.
