Star Bulk Carriers' COO Nikolaos Reskos Buys 48,100 Shares

Nikolaos Reskos, Chief Operating Officer of Star Bulk Carriers Corp. (NasdaqGS: SBLK), added 48,100 shares to his holdings on June 12, 2026. This insider purchase was made as the stock traded at approximately $27.07.

Insider Buying and Selling at Star Bulk Carriers Corp.

Several insiders at Star Bulk Carriers were active on June 12, 2026. Besides COO Nikolaos Reskos, who bought 48,100 shares, President Hamish Norton acquired 35,800 shares. Other insiders, including Eleni Vrettou, Arne Blystad, and Raffaele Zagari, also made purchases, each acquiring 7,580 shares.

Other Institutional Activity in Star Bulk Carriers

Institutional investors have been adjusting their positions in Star Bulk Carriers. Two Sigma Investments, LP, increased its holdings by 2,450,563 shares, totaling 3,012,963 shares worth about $69.2 million. Renaissance Technologies LLC added 237,248 shares, bringing its total to 2,067,637 shares valued at approximately $47.5 million. Victory Capital Management Inc. initiated a position with 1,920,289 shares valued at $44.1 million. Meanwhile, Goldman Sachs Group Inc. boosted its stake by 1,102,539 shares, ending with 1,737,933 shares worth nearly $39.9 million.

Star Bulk Carriers Stock Snapshot

Shares of Star Bulk Carriers Corp. (NasdaqGS: SBLK) traded near $27.07. The company has a market cap of approximately $3.02 billion and a P/E ratio of 21.7. The stock's 52-week range is between $16.21 and $28.50, with a 50-day moving average of $25.95 and a 200-day moving average of $21.86. Its current ratio is 1.73, with a quick ratio of 1.38 and a debt-to-equity ratio of 45.11.

Recent Earnings

In its most recent earnings report, Star Bulk Carriers posted revenue of $1.09 billion, reflecting a growth rate of 21.9%. The company's net margin was 13.0%, and it achieved a return on equity of 5.8%. The next earnings release is scheduled for August 5, 2026.

Dividend

Star Bulk Carriers offers an annual dividend rate of $1.03, yielding 3.8%. The payout ratio stands at 46.4%.

Analysts Set New Price Targets

On May 29, 2026, Jefferies maintained its 'buy' rating on Star Bulk Carriers with a price target of $31.00. The consensus among analysts is a strong buy, with a mean target price of $30.98 based on 5 analyst opinions.

About Star Bulk Carriers

Star Bulk Carriers Corp. is an industrial shipping company based in Marousi, Greece. It owns and operates a fleet of dry bulk carrier vessels that transport commodities such as iron ore, minerals, and grains worldwide. Led by CEO Petros Alexandros Pappas, the company was founded in 2006 and employs approximately 294 people.

Bottom Line

Nikolaos Reskos's purchase of Star Bulk Carriers shares highlights ongoing insider confidence in the company. With a solid market position and active institutional interest, Star Bulk remains a company to watch. As always, remember that insider transactions like these are reported after the fact and may not reflect the current status.