Eleni Vrettou Acquires Shares in Star Bulk Carriers Corp.
Eleni Vrettou purchased 7,580 shares of Star Bulk Carriers Corp. on June 12, 2026.
Key Points
- Eleni Vrettou bought 7,580 shares of Star Bulk Carriers Corp. on June 12, 2026.
- Star Bulk Carriers Corp. trades at $27.07 with a market cap of about $3.02 billion.
- Jefferies maintained a buy rating on SBLK with a $31 target on May 29, 2026.
Eleni Vrettou, an insider at Star Bulk Carriers Corp. (NasdaqGS: SBLK), recently purchased 7,580 shares of the company. This transaction took place on June 12, 2026, with shares trading at $27.07.
Insider Buying and Selling at Star Bulk Carriers Corp.
On June 12, 2026, several insiders at Star Bulk Carriers Corp. engaged in stock purchases. Eleni Vrettou acquired 7,580 shares. Alongside her, Hamish Norton, the President, bought 35,800 shares, and Chief Operating Officer Nikolaos Reskos purchased 48,100 shares. Others, including Spyridon Capralos, Arne Blystad, and Raffaele Zagari, each added 7,580 shares to their holdings.
Other Institutional Activity in Star Bulk Carriers Corp.
Among institutional investors, Two Sigma Investments, LP significantly increased its position by 2,450,563 shares, ending with 3,012,963 shares valued at approximately $69.2 million. Renaissance Technologies LLC also grew its holdings by 237,248 shares, reaching a total of 2,067,637 shares worth about $47.5 million. Victory Capital Management Inc. added a new position with 1,920,289 shares valued at $44.1 million. Goldman Sachs Group Inc. boosted its stake by 1,102,539 shares to a total of 1,737,933 shares valued at $39.9 million.
Star Bulk Carriers Corp. Stock Snapshot
Shares of Star Bulk Carriers Corp. (NasdaqGS: SBLK) were trading at $27.07. The company has a market capitalization of approximately $3.02 billion and a P/E ratio of 21.7, with a forward P/E of 7.5. Its beta is 0.722, indicating lower volatility compared to the market. The stock's 52-week range is $16.21 to $28.50, with a 50-day moving average of $25.95 and a 200-day moving average of $21.86. 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 $1.09 billion with a revenue growth of 21.9%. The company achieved an EPS of $1.25, a net margin of 13.0%, and 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 dividend 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. The consensus among analysts is a strong buy, with a mean 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 specializes in the ocean transportation of dry bulk cargoes such as iron ores, minerals, grains, and steel products. As of the end of 2025, the company operated a fleet of 136 vessels, including various types such as Newcastlemax and Capesize. Star Bulk was incorporated in 2006 and is led by CEO Mr. Petros Alexandros Pappas.
Bottom Line
Eleni Vrettou's recent acquisition of shares in Star Bulk Carriers highlights insider confidence in the company. Investors keep a close eye on such moves, though it's important to remember that 13F filings and insider reports are backward-looking. Star Bulk Carriers' stock is trading near its 52-week high, with analysts maintaining a positive outlook.
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.
