EuroDry (NASDAQ:EDRY) Stock: Insider Aristeidis Pittas Purchases 900 Shares

Posted by George Bondi on Sep 25th, 2026

EuroDry (NASDAQ:EDRY – Get Free Report) Director Aristeidis Pittas acquired 900 shares of the company’s stock in a transaction that occurred on Thursday, September 24th. The stock was bought at an average price of $51.33 per share, with a total value of $46,197.00. Following the acquisition, the director directly owned 76,113 shares of the company’s stock, valued at $3,906,880.29. The trade was a 1.20% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

EuroDry Trading Down 5.8%

Shares of EDRY traded down $2.97 during trading hours on Friday, reaching $47.93. The stock had a trading volume of 118,341 shares, compared to its average volume of 62,976. The company has a market cap of $137.56 million, a P/E ratio of 14.52 and a beta of 0.74. The company has a quick ratio of 1.23, a current ratio of 1.28 and a debt-to-equity ratio of 0.69. The firm has a 50-day moving average of $44.13 and a 200 day moving average of $29.37. EuroDry has a 52 week low of $11.94 and a 52 week high of $73.07.

EuroDry (NASDAQ:EDRY – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $2.44 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $17.86 million. On average, sell-side analysts expect that EuroDry will post 5.77 earnings per share for the current fiscal year.

Hedge Funds Weigh In On EuroDry

A hedge fund recently bought a new stake in EuroDry stock. BlackRock Inc. purchased a new stake in shares of EuroDry (NASDAQ:EDRY – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,135 shares of the company’s stock, valued at approximately $47,000. BlackRock Inc. owned about 0.07% of EuroDry as of its most recent filing with the Securities & Exchange Commission. 2.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EDRY. Weiss Ratings restated a “sell (d-)” rating on shares of EuroDry in a report on Friday, August 21st. Alliance Global Partners restated a “buy” rating on shares of EuroDry in a research note on Friday, August 7th. Finally, Zacks Research raised EuroDry from a “hold” rating to a “strong-buy” rating in a report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, EuroDry currently has a consensus rating of “Moderate Buy” and an average target price of $23.50.

Get Our Latest Stock Report on EDRY

About EuroDry

(Get Free Report)

EuroDry Ltd. (NASDAQ: EDRY) is an international dry bulk shipping company that owns and operates ocean-going vessels. The company provides seaborne transportation for a broad range of bulk commodities, including grain, iron ore, coal, steel products, fertilizers and forest products.

EuroDry’s vessels serve commercial customers and trading routes in global markets, transporting dry bulk cargoes between major ports and commodity-producing and consuming regions. Its fleet has included vessels in the Panamax, Kamsarmax, Ultramax and Handy-size segments, allowing the company to serve a variety of cargo volumes and trade routes.

EuroDry was established in 1997 and is incorporated in the Republic of the Marshall Islands.