Star Bulk Carriers (NASDAQ:SBLK) COO Nikolaos Reskos Sells 5,000 Shares of Stock

Posted by Stanley Muller on Jun 4th, 2026

Star Bulk Carriers Corp. (NASDAQ:SBLK – Get Free Report) COO Nikolaos Reskos sold 5,000 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $28.49, for a total value of $142,450.00. Following the transaction, the chief operating officer directly owned 362,775 shares of the company’s stock, valued at approximately $10,335,459.75. The trade was a 1.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nikolaos Reskos also recently made the following trade(s):

On Thursday, May 21st, Nikolaos Reskos sold 30,000 shares of Star Bulk Carriers stock. The shares were sold at an average price of $27.29, for a total transaction of $818,700.00.
On Wednesday, May 20th, Nikolaos Reskos sold 9,914 shares of Star Bulk Carriers stock. The shares were sold at an average price of $26.55, for a total transaction of $263,216.70.
On Monday, May 18th, Nikolaos Reskos sold 33,103 shares of Star Bulk Carriers stock. The shares were sold at an average price of $26.28, for a total transaction of $869,946.84.
On Tuesday, May 19th, Nikolaos Reskos sold 86 shares of Star Bulk Carriers stock. The shares were sold at an average price of $26.49, for a total transaction of $2,278.14.
On Wednesday, April 15th, Nikolaos Reskos sold 8,406 shares of Star Bulk Carriers stock. The stock was sold at an average price of $25.05, for a total transaction of $210,570.30.
On Tuesday, April 14th, Nikolaos Reskos sold 1,594 shares of Star Bulk Carriers stock. The shares were sold at an average price of $25.00, for a total value of $39,850.00.

Star Bulk Carriers Trading Down 0.8%

NASDAQ SBLK opened at $27.17 on Thursday. The company has a quick ratio of 1.55, a current ratio of 1.73 and a debt-to-equity ratio of 0.32. Star Bulk Carriers Corp. has a twelve month low of $16.17 and a twelve month high of $28.50. The company has a market cap of $3.08 billion, a price-to-earnings ratio of 21.74 and a beta of 0.72. The business’s fifty day moving average is $25.32 and its 200 day moving average is $22.80.

Star Bulk Carriers Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 22nd. Investors of record on Friday, June 12th will be issued a $0.50 dividend. This is a boost from Star Bulk Carriers’s previous quarterly dividend of $0.37. The ex-dividend date is Friday, June 12th. This represents a $2.00 dividend on an annualized basis and a yield of 7.4%. Star Bulk Carriers’s dividend payout ratio (DPR) is 118.40%.

Hedge Funds Weigh In On Star Bulk Carriers

Institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE grew its position in shares of Star Bulk Carriers by 48.5% during the 1st quarter. Bank of America Corp DE now owns 565,562 shares of the shipping company’s stock worth $12,991,000 after buying an additional 184,837 shares during the period. Empowered Funds LLC acquired a new position in shares of Star Bulk Carriers during the 1st quarter valued at $403,000. Cooper Creek Partners Management LLC bought a new position in Star Bulk Carriers during the first quarter worth $19,893,000. Entropy Technologies LP bought a new position in Star Bulk Carriers during the first quarter worth $437,000. Finally, Renaissance Technologies LLC grew its holdings in Star Bulk Carriers by 13.0% in the first quarter. Renaissance Technologies LLC now owns 2,067,637 shares of the shipping company’s stock worth $47,494,000 after purchasing an additional 237,248 shares during the period. 33.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on SBLK shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $32.00 price objective on shares of Star Bulk Carriers in a research note on Friday, May 22nd. Zacks Research upgraded Star Bulk Carriers from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Star Bulk Carriers in a research note on Friday, March 27th. Wall Street Zen upgraded Star Bulk Carriers from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. 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 report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Star Bulk Carriers has a consensus rating of “Buy” and a consensus price target of $31.50.

View Our Latest Stock Analysis on Star Bulk Carriers

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.