Nikolaos Reskos Sells 9,914 Shares of Star Bulk Carriers (NASDAQ:SBLK) Stock

Star Bulk Carriers Corp. (NASDAQ:SBLK) COO Nikolaos Reskos sold 9,914 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $26.55, for a total transaction of $263,216.70. Following the completion of the sale, the chief operating officer owned 397,775 shares of the company’s stock, valued at $10,560,926.25. This represents a 2.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through 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, 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 value of $818,700.00.
• 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 value 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 value of $2,278.14.
• On Wednesday, April 15th, Nikolaos Reskos sold 8,406 shares of Star Bulk Carriers stock. The shares were sold at an average price of $25.05, for a total value 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 Stock Performance

SBLK traded down $0.55 on Friday, hitting $26.37. The company had a trading volume of 670,843 shares, compared to its average volume of 1,429,043. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 21.12 and a beta of 0.71. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.65. The company’s fifty day moving average price is $24.47 and its 200 day moving average price is $22.24. Star Bulk Carriers Corp. has a 1-year low of $15.78 and a 1-year high of $28.28.

Star Bulk Carriers (NASDAQ:SBLK) last released its quarterly earnings results on Wednesday, February 25th. The shipping company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.10. Star Bulk Carriers had a net margin of 13.01% and a return on equity of 6.82%. The company had revenue of $230.79 million for the quarter, compared to analyst estimates of $250.51 million. Equities analysts predict that Star Bulk Carriers Corp. will post 3.85 earnings per share for the current fiscal year.

Star Bulk Carriers Increases Dividend

The company also recently announced 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 annualized dividend and a yield of 7.6%. Star Bulk Carriers’s payout ratio is 202.74%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on SBLK. Zacks Research raised Star Bulk Carriers from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 22nd. Wall Street Zen upgraded Star Bulk Carriers from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $32.00 price target on shares of Star Bulk Carriers in a research report on Friday. Jefferies Financial Group started coverage on Star Bulk Carriers in a report on Friday, April 24th. They set a “buy” rating and a $29.00 price target for the company. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Star Bulk Carriers in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $30.50.

Key Stories Impacting Star Bulk Carriers

Here are the key news stories impacting Star Bulk Carriers this week:

• Positive Sentiment: Star Bulk reported stronger-than-expected first-quarter 2026 results, beating earnings estimates and posting a net profit of $58.5 million, which supports the case for improved operating performance in the dry bulk shipping market.
• Positive Sentiment: The company raised its quarterly dividend to $0.50 per share from $0.37, a meaningful increase that underscores confidence in cash generation and shareholder returns.
• Positive Sentiment: Management also outlined a policy of returning 100% of free cash flow while keeping a $2.1 million per-vessel minimum cash balance, a signal that Star Bulk plans to remain disciplined while still rewarding investors. Article Title
• Neutral Sentiment: There was also a disclosure that COO Nikolaos Reskos sold shares under a pre-arranged 10b5-1 plan, which may draw attention but is less likely to be a major fundamental concern. Article Title
• Neutral Sentiment: Investors are also likely digesting transcripts and presentation materials from the earnings call, which may clarify how sustainable the higher dividend and cash return policy will be going forward. Article Title

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio grew its position in Star Bulk Carriers by 10.3% during the fourth quarter. Public Employees Retirement System of Ohio now owns 4,536 shares of the shipping company’s stock worth $87,000 after buying an additional 422 shares in the last quarter. Magnetar Financial LLC raised its holdings in Star Bulk Carriers by 3.1% in the 4th quarter. Magnetar Financial LLC now owns 20,001 shares of the shipping company’s stock valued at $384,000 after acquiring an additional 604 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of Star Bulk Carriers by 4.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 13,695 shares of the shipping company’s stock worth $236,000 after acquiring an additional 616 shares during the period. Jones Financial Companies Lllp grew its holdings in shares of Star Bulk Carriers by 50.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,381 shares of the shipping company’s stock worth $46,000 after purchasing an additional 802 shares in the last quarter. Finally, Vident Advisory LLC grew its holdings in shares of Star Bulk Carriers by 5.6% during the 3rd quarter. Vident Advisory LLC now owns 16,902 shares of the shipping company’s stock worth $314,000 after purchasing an additional 891 shares in the last quarter. Institutional investors and hedge funds own 33.91% of the company’s stock.

About Star Bulk Carriers

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.