Star Bulk Carriers (SBLK) Insider Maria Buys 7,580 Shares
On June 12, 2026, Pappa Milena Maria bought 7,580 shares of Star Bulk Carriers Corp. (SBLK) at $27.07 each.
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Pappa Milena Maria bought 7,580 shares of Star Bulk Carriers Corp. ($SBLK) on June 12, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $SBLK is down 2.3% after 1 week, down 2.2% after 1 month and up 5.5% to date (from the $26.34 close on Jun 12, 2026).
SBLK
Star Bulk Carriers Corp.
Key Points
- Pappa Milena Maria purchased 7,580 shares of Star Bulk Carriers Corp. at a price of $27.07 each, totaling about $204,000.
- Star Bulk Carriers has a P/E ratio of 12.44 and is currently trading near its 52-week high of $32.88.
- Several insiders, including Charis Plakantonaki and Symeon Spyrou, also bought shares on the same day, indicating strong internal confidence.
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Insider Buying and Selling at Star Bulk Carriers Corp.
On June 12, 2026, Pappa Milena Maria bought 7,580 shares of Star Bulk Carriers Corp. (SBLK) on the NasdaqGS, valued at about $204,000 based on a purchase price of $27.07 per share. This transaction is part of a broader trend of insider buying at the company, as several executives acquired shares on the same day.
Multiple Executives Buying on the Same Day
Pappa Milena Maria's acquisition is notable as it comes alongside other significant purchases by Star Bulk's insiders. On the same date, Charis Plakantonaki, the Chief Strategy Officer, bought 17,200 shares, while Symeon Spyrou, the co-CFO, purchased 26,200 shares. Mahesh Balakrishnan and Arne Blystad each acquired 7,580 shares, and Nikolaos Reskos, the COO, bought 48,100 shares. This collective insider activity reflects a strong belief in the company's future prospects.
Stock Performance and Market Context
Star Bulk Carriers is currently trading near its 52-week high of $32.88, following a recent close of $32.48. The stock has shown resilience, with a P/E ratio of 12.44, indicating a reasonable valuation in the current market. Investors may take interest in the stock's performance as it approaches its next earnings report, scheduled for November 18, 2026.
What Star Bulk Carriers Corp. Does
Star Bulk Carriers Corp. engages in the ocean transportation of dry bulk cargoes through its fleet of 136 vessels. The company operates globally, transporting a range of commodities, including iron ores and grains. This recent insider activity suggests confidence in the company's ongoing operations and future growth potential.
What's Ahead for Star Bulk Carriers Corp.
With multiple insiders purchasing shares, it will be important to watch how Star Bulk Carriers performs in the upcoming earnings report. The next earnings date is set for November 18, 2026. As always, insider transactions reflect past decisions and may not represent current holdings, but they can provide insights into the sentiment of those closest to the company.
Related Filing Alerts
Source: Pappa Milena Maria's Form 4 filing on $SBLK (Jun 12, 2026). Find the original filing: SBLK Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts