Gary Weston Buys Shares of Star Bulk Carriers Corp.

Insider Gary Weston acquired 7,580 shares of Star Bulk Carriers Corp. (NasdaqGS: SBLK) on June 12, 2026. The shares were traded around $27.07 at the time of the transaction.

Insider Buying and Selling at Star Bulk Carriers Corp.

In addition to Gary Weston, several other insiders made purchases on June 12, 2026. Hamish Norton, the President, acquired 35,800 shares. Chief Operating Officer Nikolaos Reskos bought 48,100 shares, while other insiders like Eleni Vrettou, Arne Blystad, and Raffaele Zagari each purchased 7,580 shares. These transactions were not under any planned trading programs.

Other Institutional Activity in Star Bulk Carriers Corp.

Two Sigma Investments, LP significantly increased its stake in Star Bulk Carriers, adding 2,450,563 shares to hold a total of 3,012,963 shares valued at about $69.2 million. Renaissance Technologies LLC also grew its holdings by 237,248 shares, reaching 2,067,637 shares worth approximately $47.5 million. Victory Capital Management Inc entered with 1,920,289 shares valued at $44.1 million. Philosophy Capital Management LLC and Goldman Sachs Group Inc also added shares, with increases of 224,418 and 1,102,539 shares respectively.

Star Bulk Carriers Corp. Stock Snapshot

Shares of Star Bulk Carriers Corp. traded near $27.07. The company has a market cap of around $3.02 billion, a P/E ratio of 21.656, and a forward P/E of 7.54. The stock's beta is 0.722, indicating less volatility compared to the market. Over the past year, the stock has ranged from $16.21 to $28.50, with a 50-day moving average of $25.95 and a 200-day moving average of $21.86. The current ratio is 1.728, with a quick ratio of 1.381 and a debt-to-equity ratio of 45.107.

Recent Earnings

Star Bulk Carriers reported revenue of approximately $1.09 billion, with a revenue growth rate of 21.9%. The company's net margin stands at 13.01%, and its return on equity is 5.83%. Earnings per share were $1.25. The next earnings report is expected on August 5, 2026.

Dividend

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

Analysts Set New Price Targets

On May 29, 2026, Jefferies maintained its 'buy' rating on Star Bulk Carriers, setting a price target of $31. The consensus among five analysts is a 'strong buy' with an average target price of $30.98.

About Star Bulk Carriers Corp.

Star Bulk Carriers Corp. is a shipping company based in Marousi, Greece, specializing in the transportation of dry bulk cargoes. With a fleet of 136 vessels, the company transports commodities such as iron ores and grains worldwide. Star Bulk Carriers operates various types of vessels, including Newcastlemax and Capesize, with capacities ranging from 55,569 to 209,537 deadweight tonnage. The company was established in 2006 and is led by CEO Petros Alexandros Pappas.

Bottom Line

Insider buying by Gary Weston and others suggests confidence in Star Bulk Carriers Corp.'s future performance. The company's stock is relatively stable, with a solid market position in the marine shipping industry. Investors often watch insider transactions for potential signals, although these are not definitive indicators of future stock performance.