Insider Selling: Star Bulk Carriers (NASDAQ:SBLK) COO Sells $147,500.00 in Stock

Posted by Geri Gentry on Aug 7th, 2026

Star Bulk Carriers Corp. (NASDAQ:SBLK – Get Free Report) COO Nikolaos Reskos sold 5,000 shares of the stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $29.50, for a total value of $147,500.00. Following the sale, the chief operating officer directly owned 400,875 shares of the company’s stock, valued at approximately $11,825,812.50. This represents a 1.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Thursday, July 30th, Nikolaos Reskos sold 5,000 shares of Star Bulk Carriers stock. The shares were sold at an average price of $28.99, for a total transaction of $144,950.00.
On Monday, June 1st, Nikolaos Reskos sold 5,000 shares of Star Bulk Carriers stock. The stock was sold at an average price of $28.49, for a total value of $142,450.00.
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 stock was 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 stock was 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 stock was sold at an average price of $26.49, for a total transaction of $2,278.14.

Star Bulk Carriers Price Performance

SBLK stock opened at $28.59 on Friday. The firm has a 50 day moving average of $26.69 and a 200-day moving average of $25.11. Star Bulk Carriers Corp. has a 12-month low of $16.72 and a 12-month high of $29.50. The company has a current ratio of 1.73, a quick ratio of 1.55 and a debt-to-equity ratio of 0.32. The company has a market cap of $3.24 billion, a price-to-earnings ratio of 11.21 and a beta of 0.72.

Star Bulk Carriers Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 21st will be issued a dividend of $0.90 per share. This is a boost from Star Bulk Carriers’s previous quarterly dividend of $0.50. This represents a $3.60 annualized dividend and a yield of 12.6%. The ex-dividend date of this dividend is Friday, August 21st. Star Bulk Carriers’s payout ratio is presently 160.00%.

Analyst Ratings Changes

SBLK has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $32.00 target price on shares of Star Bulk Carriers in a report on Friday, May 22nd. Jefferies Financial Group boosted their price objective 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. Weiss Ratings restated a “hold (c)” rating on shares of Star Bulk Carriers in a report on Wednesday, June 24th. Zacks Research cut shares of Star Bulk Carriers from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Finally, Wall Street Zen raised shares of Star Bulk Carriers from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Star Bulk Carriers has an average rating of “Moderate Buy” and an average target price of $31.50.

Read Our Latest Report on SBLK

Institutional Trading of Star Bulk Carriers

A number of large investors have recently made changes to their positions in SBLK. Impala Asset Management LLC boosted its position in shares of Star Bulk Carriers by 39.2% in the fourth quarter. Impala Asset Management LLC now owns 167,000 shares of the shipping company’s stock worth $3,210,000 after buying an additional 47,000 shares during the period. Counterpoint Mutual Funds LLC purchased a new stake in shares of Star Bulk Carriers during the 1st quarter valued at about $4,788,000. Hsbc Holdings PLC acquired a new position in Star Bulk Carriers during the 1st quarter worth approximately $909,000. Fearnley Asset Management AS acquired a new position in Star Bulk Carriers during the 4th quarter worth approximately $11,096,000. Finally, Cooper Creek Partners Management LLC acquired a new position in Star Bulk Carriers during the 1st quarter worth approximately $19,893,000. Institutional investors and hedge funds own 33.91% of the company’s stock.

About Star Bulk Carriers

(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.