EuroDry (NASDAQ:EDRY) Stock: Insider Aristeidis Pittas Acquires 600 Shares

Posted by Brian Himes on Oct 18th, 2026

EuroDry (NASDAQ:EDRY – Get Free Report) Director Aristeidis Pittas bought 600 shares of EuroDry stock in a transaction dated Thursday, October 15th. The shares were acquired at an average price of $48.17 per share, with a total value of $28,902.00. Following the completion of the purchase, the director directly owned 77,088 shares in the company, valued at $3,713,328.96. This trade represents a 0.78% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

EuroDry Stock Down 3.7%

EDRY stock opened at $45.70 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.23 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $131.02 million, a PE ratio of 13.81 and a beta of 0.77. EuroDry has a 1-year low of $11.94 and a 1-year high of $73.07. The business’s 50 day simple moving average is $52.99 and its 200 day simple moving average is $33.09.

EuroDry (NASDAQ:EDRY – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $1.21. EuroDry had a return on equity of 8.77% and a net margin of 15.02%. The business had revenue of $17.70 million for the quarter, compared to analysts’ expectations of $17.86 million. As a group, research analysts anticipate that EuroDry will post 5.77 EPS for the current year.

Analysts Set New Price Targets

EDRY has been the topic of several research reports. Alliance Global Partners reiterated a “buy” rating on shares of EuroDry in a report on Friday, August 7th. Zacks Research lowered shares of EuroDry from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of EuroDry in a research note on Friday, August 21st. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, EuroDry has an average rating of “Hold” and an average price target of $23.50.

View Our Latest Stock Analysis on EuroDry

Institutional Investors Weigh In On EuroDry

A number of institutional investors have recently made changes to their positions in EDRY. Renaissance Technologies LLC boosted its holdings in shares of EuroDry by 53.6% during the first quarter. Renaissance Technologies LLC now owns 60,347 shares of the company’s stock worth $1,189,000 after acquiring an additional 21,047 shares during the period. BlackRock Inc. bought a new position in shares of EuroDry during the second quarter worth approximately $47,000. Finally, MassMutual Private Wealth & Trust FSB bought a new position in shares of EuroDry during the third quarter worth approximately $32,000. Institutional investors own 2.44% of the company’s stock.

EuroDry Company Profile

(Get Free Report)

EuroDry Ltd. is a dry bulk shipping company that owns and operates vessels used to transport major and minor bulk commodities worldwide. Its fleet serves international trade routes and carries cargoes such as iron ore, grains, coal, steel products, and other dry bulk materials.

The company operates vessels in several dry bulk segments, including Handysize, Supramax, Ultramax, and Panamax ships. EuroDry manages the commercial and technical operations of its vessels through a combination of voyage charters, time charters, and other employment arrangements, depending on market conditions and customer requirements.

EuroDry was established in 1997 and is headquartered in Maroussi, Greece.