Charis Plakantonaki Sells 10,825 Shares of Star Bulk Carriers (NASDAQ:SBLK) Stock

Posted by George Bondi on Aug 21st, 2026

Star Bulk Carriers Corp. (NASDAQ:SBLK – Get Free Report) insider Charis Plakantonaki sold 10,825 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $29.82, for a total value of $322,801.50. Following the sale, the insider owned 55,778 shares of the company’s stock, valued at approximately $1,663,299.96. The trade was a 16.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Charis Plakantonaki also recently made the following trade(s):

On Friday, August 14th, Charis Plakantonaki sold 10,825 shares of Star Bulk Carriers stock. The stock was sold at an average price of $28.95, for a total transaction of $313,383.75.

Star Bulk Carriers Trading Down 0.4%

Shares of SBLK opened at $30.06 on Friday. The stock’s 50-day moving average price is $27.08 and its 200 day moving average price is $25.63. The company has a quick ratio of 1.74, a current ratio of 1.91 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of 11.79 and a beta of 0.72. Star Bulk Carriers Corp. has a 12-month low of $16.72 and a 12-month high of $30.90.

Star Bulk Carriers (NASDAQ:SBLK – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The shipping company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.26. Star Bulk Carriers had a net margin of 23.87% and a return on equity of 11.72%. The firm had revenue of $284.60 million during the quarter, compared to analysts’ expectations of $284.29 million. As a group, research analysts predict that Star Bulk Carriers Corp. will post 4.32 earnings per share for the current year.

Star Bulk Carriers Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 21st will be given a $0.90 dividend. This represents a $3.60 annualized dividend and a yield of 12.0%. The ex-dividend date is Friday, August 21st. This is a boost from Star Bulk Carriers’s previous quarterly dividend of $0.50. Star Bulk Carriers’s dividend payout ratio is 78.43%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Zacks Research raised Star Bulk Carriers from a “hold” rating to a “strong-buy” rating in a report on Friday, August 14th. Weiss Ratings raised shares of Star Bulk Carriers from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $32.00 price target on shares of Star Bulk Carriers in a research report on Friday, May 22nd. Finally, Jefferies Financial Group boosted their price target on shares of Star Bulk Carriers from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $31.50.

Get Our Latest Stock Analysis on SBLK

Institutional Investors Weigh In On Star Bulk Carriers

Hedge funds and other institutional investors have recently bought and sold shares of the company. Triumph Capital Management acquired a new position in Star Bulk Carriers during the third quarter worth $26,000. Rhumbline Advisers lifted its stake in Star Bulk Carriers by 141.7% in the third quarter. Rhumbline Advisers now owns 1,743 shares of the shipping company’s stock valued at $32,000 after acquiring an additional 1,022 shares during the last quarter. Sunbelt Securities Inc. acquired a new stake in Star Bulk Carriers in the third quarter valued at $33,000. Leonteq Securities AG bought a new position in shares of Star Bulk Carriers in the 4th quarter valued at about $38,000. Finally, Morse Asset Management Inc bought a new position in shares of Star Bulk Carriers in the 3rd quarter valued at about $37,000. Institutional investors and hedge funds own 33.91% of the company’s stock.

Star Bulk Carriers Company Profile

(Get Free Report)

Star Bulk Carriers Corp is a global shipping company engaged in the ocean transport of dry bulk commodities. The company owns and operates a diversified fleet of bulk carriers, including Handymax, Supramax, Panamax and Capesize vessels. Its ships are designed to carry a broad range of cargoes, such as iron ore, coal, grain, bauxite and phosphate, catering to industrial and agricultural customers worldwide.

The company’s vessels operate on major trade routes across the Atlantic, Pacific and Indian Oceans, connecting producers and consumers in Asia, Europe, North and South America.