11,479 Shares in EuroDry $EDRY Purchased by Sowell Financial Services LLC

Posted by Geri Gentry on Oct 25th, 2026

Sowell Financial Services LLC bought a new position in EuroDry (NASDAQ:EDRY – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 11,479 shares of the company’s stock, valued at approximately $592,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EDRY. Renaissance Technologies LLC boosted its position in shares of EuroDry by 53.6% in the first quarter. Renaissance Technologies LLC now owns 60,347 shares of the company’s stock worth $1,189,000 after purchasing an additional 21,047 shares during the period. BlackRock Inc. purchased a new stake in shares of EuroDry in the second quarter worth $47,000. Finally, MassMutual Private Wealth & Trust FSB purchased a new stake in shares of EuroDry in the third quarter worth $32,000. Institutional investors own 2.44% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Read Our Latest Report on EuroDry

EuroDry Stock Down 3.1%

Shares of EDRY opened at $43.90 on Friday. The business’s 50 day moving average is $53.82 and its 200 day moving average is $34.02. The company has a current ratio of 1.28, a quick ratio of 1.23 and a debt-to-equity ratio of 0.69. EuroDry has a 12-month low of $11.98 and a 12-month high of $73.07. The company has a market capitalization of $125.99 million, a PE ratio of 13.26 and a beta of 0.77.

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, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $17.86 million. Research analysts expect that EuroDry will post 5.77 earnings per share for the current fiscal year.

Insider Activity at EuroDry

In related news, Director Aristeidis P. Pittas bought 600 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The stock was bought at an average cost of $48.17 per share, with a total value of $28,902.00. Following the completion of the purchase, the director owned 77,088 shares of the company’s stock, valued at approximately $3,713,328.96. The trade was a 0.78% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Symeon Pariaros sold 2,676 shares of the firm’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $45.80, for a total transaction of $122,560.80. Following the transaction, the insider directly owned 1,900 shares of the company’s stock, valued at $87,020. The trade was a 58.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have bought 2,200 shares of company stock worth $110,925 and have sold 12,726 shares worth $568,005. Company insiders own 51.40% of the company’s stock.

EuroDry Company Profile

(Free Report)

EuroDry Ltd. (NASDAQ: EDRY) is a dry bulk shipping company that owns and operates vessels used to transport a range of essential commodities. Its cargoes may include iron ore, grain, coal, steel products, forest products and other dry bulk materials.

The company’s fleet has primarily consisted of smaller dry bulk vessels, including Handy-size and Supramax-class ships. These vessels serve international trade routes and are employed through time charters, voyage charters and other commercial arrangements, depending on market conditions and customer requirements.

EuroDry was established in 1997 and is managed from offices in Athens, Greece.