Star Bulk Carriers (NASDAQ:SBLK) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Posted by Brian Himes on Nov 6th, 2026

Star Bulk Carriers Corp. (NASDAQ:SBLK – Get Free Report) passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $26.62 and traded as low as $26.45. Star Bulk Carriers shares last traded at $26.50, with a volume of 1,850,427 shares traded.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on SBLK shares. Weiss Ratings lowered shares of Star Bulk Carriers from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday. Zacks Research downgraded shares of Star Bulk Carriers from a “strong-buy” rating to a “hold” rating in a report on Friday, September 18th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.50.

View Our Latest Stock Analysis on SBLK

Star Bulk Carriers Stock Performance

The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.74 and a current ratio of 1.91. The firm has a market capitalization of $3.01 billion, a PE ratio of 10.39, a price-to-earnings-growth ratio of 0.11 and a beta of 0.85. The firm’s 50 day moving average price is $29.82 and its 200-day moving average price is $26.62.

Star Bulk Carriers (NASDAQ:SBLK – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The shipping company reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.26. Star Bulk Carriers had a return on equity of 11.72% and a net margin of 23.87%. The company had revenue of $284.60 million for the quarter, compared to the consensus estimate of $284.29 million. On average, research analysts expect that Star Bulk Carriers Corp. will post 4.38 EPS for the current year.

Insider Buying and Selling at Star Bulk Carriers

In related news, insider Charis Plakantonaki sold 10,825 shares of Star Bulk Carriers stock in a transaction on Monday, August 17th. The shares were sold at an average price of $29.82, for a total value of $322,801.50. Following the sale, the insider owned 55,778 shares of the company’s stock, valued at approximately $1,663,299.96. This trade represents a 16.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Nikolaos Rescos purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The stock was bought at an average cost of $28.27 per share, for a total transaction of $282,700.00. Following the purchase, the chief operating officer directly owned 410,875 shares in the company, valued at $11,615,436.25. This trade represents a 2.49% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders acquired 170,400 shares of company stock worth $4,817,208 and sold 91,150 shares worth $2,814,345. Corporate insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On Star Bulk Carriers

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cooper Creek Partners Management LLC acquired a new stake in shares of Star Bulk Carriers in the first quarter valued at about $19,893,000. Artemis Investment Management LLP raised its position in shares of Star Bulk Carriers by 108.1% during the 3rd quarter. Artemis Investment Management LLP now owns 1,585,263 shares of the shipping company’s stock worth $46,543,000 after purchasing an additional 823,575 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Star Bulk Carriers during the 1st quarter worth about $17,398,000. Renaissance Technologies LLC lifted its stake in Star Bulk Carriers by 13.0% in the 1st quarter. Renaissance Technologies LLC now owns 2,067,637 shares of the shipping company’s stock valued at $47,494,000 after buying an additional 237,248 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in Star Bulk Carriers by 48.5% in the 1st quarter. Bank of America Corp DE now owns 565,562 shares of the shipping company’s stock valued at $12,991,000 after buying an additional 184,837 shares in the last quarter. 33.91% of the stock is owned by hedge funds and other institutional investors.

Star Bulk Carriers Company Profile

(Get Free Report)

Star Bulk Carriers Corp. is a global dry bulk shipping company that owns and operates vessels used to transport commodities such as iron ore, grain, coal, bauxite, fertilizers and other bulk cargoes. Its fleet serves industrial and agricultural supply chains by moving raw materials between ports worldwide.

The company operates several classes of dry bulk vessels, including Capesize, Panamax, Ultramax and Supramax ships. In addition to vessel ownership and operations, Star Bulk provides commercial management, chartering and voyage-related services, coordinating the employment of its vessels in international markets.

Star Bulk was founded in 2006 and is headquartered in Maroussi, Greece.